What are the potential risks of oral commitments between suppliers in foreign trade operations?

The biggest risk of oral commitments is 'perception gaps'—both parties may understand the same matter completely differently, and in case of disputes, there is no way to provide evidence. In foreign trade operations, whether it is quotations, payment terms, or cooperation details, it is recommended to develop the habit of written confirmation. Patisco provides digitalized management of quotations and inquiry records, ensuring every transaction has documentation, effectively reducing the uncertainty brought by oral commitments.