What Are the Benefits of eFTI?
eFTI was created at the initiative of businesses to solve practical challenges: complying with regulatory requirements without paper documents and enabling the exchange of transport information between parties in the transport chain.
The Role of Transport Companies Is Crucial
Transport companies play a key role in the adoption of eFTI. They connect different parties in the supply chain and consolidate transport information into a single, coherent dataset.
Transport companies generate and maintain legally required transport information and are responsible for keeping it up to date for authorities, customers, and other stakeholders in the transport chain.
Key Benefits for Businesses
- Reduces manual work and paper documentation
- Lowers the costs of information processing
- Improves data quality and reduces errors
- Enables a more real-time view of transport operations
- Facilitate operations in transport chains involving multiple countries and stakeholders
According to the Digital Economy for Businesses project Ulkoinen verkkopalvelu., document-specific costs can be significantly reduced when moving to structured electronic data and automated data exchange.
The Open Logistics Foundation Ulkoinen verkkopalvelu. has found that a paper-based CMR consignment note costs €22.83, while an electronic eCMR costs only €9.72.
eFTI Is Particularly Beneficial If Your Company:
- operates in international freight transport
- transports dangerous goods
- is part of a multi-stakeholder supply chain
- manages transport information across multiple systems
The full benefits of eFTI are realized when other participants in the transport chain also adopt eFTI.
The impacts of eFTI have been studied in several projects. More information is available from:
Efti4EU Ulkoinen verkkopalvelu.