Compass gives every counterparty — buyer, seller, bank, inspector, insurer, logistics provider, and port — one controlled deal room from origination to settlement. Documents, milestones, approvals, vessel updates, and payment conditions stay tied to the cargo.
A cargo deal, as Compass sees it
One shipment. Seven counterparties. Twenty-three documents. Every action tied to the cargo, visible to the right party, logged in order.
Click any phase to expand the activity log.
Your role in the trade
You have eight counterparties across a single cargo. Nobody has the same version of the BL. Inspection results land in email three days after the vessel sailed.
Know exactly which document, inspection, or approval is blocking release or payment. One view of the cargo — from LC issuance through port release.
Discrepancy detection
Compass monitors document uploads, LC clause requirements, vessel ETAs, and inspection results continuously. When something doesn't match — moisture variance, missing certificate, demurrage window opening — the right party is alerted immediately.
Most discrepancies in physical commodity trades are discoverable before bank presentation. They only become expensive when they're discovered late.
SGS Santos report moisture 8.1%. Contract max 7.7%. LC clause 19 may trigger rejection.
Korea Exchange Bank LC requires Institute Cargo Clauses A cover note before BL presentation.
MV Pacific Condor ETA revised +2 days. Laytime allowed 36h. Pre-arrival docs needed by 23 Aug 12:00.
SGS sampling report uploaded 3h ago. Buyer review required before bank document presentation.
Platform modules
Not adapted from a generic project tool. Purpose-built for commodity cargo operations.
A controlled room for every shipment. Role-based access for buyer, seller, bank, inspector, insurer, freight forwarder, and port. No counterparty sees more than their role allows.
Upload and reconcile LC terms, draft BL, final BL, COA, commercial invoice, insurance certificate, inspection reports, phytosanitary certificate, and port documents. Discrepancies flagged before bank review.
Track origination, counterparty onboarding, LC issuance, vessel departure, inspection, vessel arrival, port release, invoice due date, and settlement — in one timeline tied to the cargo.
Keep issuing banks, confirming banks, forfaiting desks, receivables finance teams, and DFIs aligned on the same document package. LC/SBLC conditions checked against uploaded documents.
Every upload, approval, status change, and message is time-stamped and write-once. Disputes don't depend on scattered emails or WhatsApp screenshots. The record is already in the room.
Trade Finance
Every trade on Compass comes with access to structured financing options. Banks and finance desks are invited into the deal room directly — they see the cargo details, document package, and counterparty profile in one place, so decisions move faster and on better terms.
Whether you need LC issuance, pre-export finance, or receivables discounting, the infrastructure is already in place. No separate platform. No re-uploading documents. The deal room is the credit application.
Settlement package export
No retrospective assembly. No chasing PDFs. Every document uploaded during the deal lifecycle is already in the room — verified, versioned, and ready for bank export.
Settlement package downloaded for payment release
Settlement package compiled — 6/7 documents verified
COA discrepancy accepted with bank notation
COA variance flagged — moisture 8.1% vs 7.7% contract max
Final BL uploaded — MV Pacific Condor, B/L No. MAEU220814
Commercial invoice uploaded — $3,840,000 USD
23 actions logged across 7 counterparties · Full export available
Why existing tools break down
They fragment documents, hide discrepancies, and leave dispute evidence scattered across a dozen inboxes.
| Where the process breaks | Email / WhatsApp | Generic Tool | ERP Bolt-On | Compass |
|---|---|---|---|---|
Document versions split across channels BL v1, v2, v3 in different inboxes | ✗ | Partial | Partial | ✓ |
Banks receive incomplete settlement packs Manual assembly causes delays & errors | ✗ | ✗ | Partial | ✓ |
Inspection discrepancies found post-shipment COA variance missed until LC presented | ✗ | ✗ | ✗ | ✓ |
Demurrage clock starts before teams align No shared ETA or berth nomination record | ✗ | Partial | Partial | ✓ |
No single audit trail for disputes Evidence scattered across inboxes | ✗ | Partial | Partial | ✓ |
Counterparties need different access levels Bank sees seller pricing, buyer sees bank terms | ✗ | ✗ | ✗ | ✓ |
LC terms vs documents reconciled manually Clause 46A, 49, 20 checked by hand | ✗ | ✗ | Partial | ✓ |
Sanctions & KYC checks outside the flow Counterparty screening happens in silos | ✗ | ✗ | Partial | ✓ |
Permissioning & security
Compass enforces information barriers between parties at the architecture level — not as a configuration option.