SAP Global Trade Services

Why SAP Global Trade Services?

SAP is the leading supplier of Global Trade Management software worldwide, to improve global trade management and ensure your organisation’s regulatory compliance.

Accelerate your cross-border supply chain with SAP Global Trade Services. The software automates and streamlines your trade processes, so you can control costs, reduce the risk of penalties and fines, and clear inbound and outbound customs faster. Centralise global trade management and create a single repository for all compliance master data and content – regardless of your industry or business size.


Solution Insight: SAP Global Trade Services (GTS)

Organisations that trade globally have to juggle the import and export processes of their goods across dozens of different customs, compliance processes and a range of duties. This is further complicated when the cross-border supply processes are managed manually or through brokers, and master data is incomplete. SAP GTS helps automate cross-border supply chains by automating and streamlining the trade processes. This allows organisations to control costs, ensure tariff and duty payments are accurate and reduce the risk of fines and penalties whilst clearing customs much faster.

Features of SAP Global Trade Services

With this software, you can:

  • Speed outbound and inbound customs clearance, reducing unnecessary delays
  • Minimise fines and penalties from trade compliance violations
  • Protect company brand and image, and avoid trade with sanctioned or denied parties
  • Eliminate time-consuming, manual compliance tasks and boost productivity with automation
  • Contribute to bottom-line savings through duty minimisation opportunities
  • Preparation for BREXIT (UK specific)

 

Functional Capabilities

  • Sanctioned party list (SPL) screening: Ensure proper screening of restricted or denied parties with inline process blocking and release.
  • Export management: Manage export compliance, classification, outbound trade finance, and customs services with direct filing.
  • Import management: Streamline imports with self-filing, importer security filing, duty calculation, and more.
  • Preferential and free trade agreement: Leverage any free trade agreement with preference determination and vendor or customer declaration-handling.
  • Special Customs Procedures: Leverage foreign-trade zones, processing trade in china, bonded warehousing, inward and outward processing relief (IPR/OPR), Intrastat, Excise Movement and Control System (EMCS), and others.

Technical Capabilities

  • Single repository for global trade data: Centralise master, classification, and compliance data.
  • Customs Interfaces: Utilise over 25 certified Customs interfaces worldwide including those which support import, export, or Intrastat reporting
  • Reporting: Report on key information utilising world-class reporting tools on BW or utilise HANA Live
  • Deployment: Install and run SAP Global Trade Services in the Cloud, on a classic database, on SAP HANA, or even a side-by-side approach for S4/HANA
  • Native Integration: Benefit from native integration to SAP ERP as well as integrate to non-SAP backend systems
  • Language: Leverage support for over 22 languages
  • Search: Improve screening performance with SAP HANA or TREX based search capabilities
  • Content updates: Manage content changes with ease and publish them across the organisation.

Support & upgrades

Winterhawk offers low-cost GRC support & managed services to clients
as well as upgrade services, led by our solution experts.

Click here to find out more about the many ways we’ve supported organisations
with SAP GRC projects and services over the years.

Implementation

Implementation of SAP Global Trade Services can be as quick as 12 weeks by leveraging Winterhawk’s Rapid Deployment Services (RDS), enabling fast, efficient roll-out at a lowered cost.

Using Winterhawk’s cost-effective and best practice RDS approach, you can plan for a GRC go-live about 3 months from project kick-off.

GRC Upgrades by SAP Winterhawk

Get in touch

If you need help to implement or support SAP Global Trade Services, drop us a line to discuss your organisation’s needs.