Krypt Blogs | Trade Compliance Program

Information and Insights on Global Trade and Supply Chain Solutions




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WEBINAR: Brexit for Companies within & outside of the UK – Best Practices for Managing Global Trade

Krypt is hosting a series of Webinars around Brexit, a much-talked-about topic of contention globally. Our Global Trade Industry experts shall be presenting on Brexit-related Best Practices to Manage Global Trade for companies within & outside the UK on September 02, 09, and 16, 2021. EVENT CALENDAR September 02, 2021 – Topic: Brexit for Companies within … Continue reading “WEBINAR: Brexit for Companies within & outside of the UK – Best Practices for Managing Global Trade”

By: Krypt Team - July 8th, 2021

Krypt @ ICPA Fall Conference & Valuation Seminar 2021 | Grapevine, TX

Krypt as an SAP preferred partner is back exhibiting in the ICPA Fall Conference & Valuation Seminar 2021 at Hilton DFW Lakes, Grapevine, TX from September 12-15, 2021. We are excited to invite you all to attend our presentation titled – “Effective use of Drawback” by Mouli Venkataraman. Do not miss to have an amazing experience … Continue reading “Krypt @ ICPA Fall Conference & Valuation Seminar 2021 | Grapevine, TX”

By: Krypt Team - July 6th, 2021

An Audit-based Business Entity Closure using SAP

Author: Vijendra Kargudri Closure Challenges Every business entity that plans for closures, has countless things to attend to. And, importantly the time involved to carry out such activity is exhaustive; from anything between 3 months to a year’s time. Most companies execute the closure process using a checklist, which is maintained manually, typically in Excel … Continue reading “An Audit-based Business Entity Closure using SAP”

By: Krypt Team - June 28th, 2021

The need to transition from Tradebeam to SAP GTS

Author: Vijendra Kargudri Background Decade-on-decade global trade has been growing exponentially. So has the competitiveness and trade complexities increased? Under such circumstances, companies wanting to grow & expand their business footprint look to have a holistic & robust solution. A solution that not only helps them automate all their processes but also makes them future-ready. … Continue reading “The need to transition from Tradebeam to SAP GTS”

By: Krypt Team - June 28th, 2021

ATLAS – Online Export Declaration Automation using SAP GTS

Author: Vijendra Kargudri EU leader for exports Germany is EU’s most powerful economy and world leader in exporting automobile, automotive parts/accessories, medicines, blood fractions including antisera, along with aircraft & spacecraft. Its 2020 exports amounted to US$1.378 trillion worth of goods around the globe, which translates to roughly $16,600 for every EU resident. If one … Continue reading “ATLAS – Online Export Declaration Automation using SAP GTS”

By: Krypt Team - June 18th, 2021

Inward Processing Relief for EU Businesses to reduce/eliminate Import Customs Duty

Author: Vijendra Kargudri Background The global economy is fueled by interconnected & competing businesses. Being a part of global supply chain eco-system they are able to provide better & faster service to their customers located just about anywhere in the world. Various geo-political protectionist measures to safeguard local industries & economy have resulted in increased … Continue reading “Inward Processing Relief for EU Businesses to reduce/eliminate Import Customs Duty”

By: Krypt Team - June 11th, 2021

Virtual SAP Information Day for International Customs and Foreign Trade 2021

Virtual SAP-Info Day 2021 Krypt as an SAP Partner is back again at Virtual SAP-Info Day for International Customs & Foreign Trade 2021. Attend Krypt’s Breakout 2 and interactive zoom session presenting – How to prepare for your SAP GTS Journey scheduled from 14:20 – 15:00 hrs on June 30, 2021, to learn how we … Continue reading “Virtual SAP Information Day for International Customs and Foreign Trade 2021”

By: Krypt Team - May 27th, 2021

Accelerate your System Ramp-up with Krypt Pre-packaged Solutions

Overwhelming ramp-up Most companies are overwhelmed due to uncertainties when it comes to ramping up their existing system. To be future ready, keep pace with the changing demands of the market and stay competitive necessitates companies to ramp-up their system. Any ramp-up with prolonged down-time, can affect the productivity and business adversely. Irrespective of business … Continue reading “Accelerate your System Ramp-up with Krypt Pre-packaged Solutions”

By: Krypt Team - April 23rd, 2021

PRESS RELEASE: Krypt hires Frederik Pena-Tolivia as Global Trade Solution Director for Europe

April, 2021, Amsterdam, Netherlands – Krypt is proud to welcome Frederik Pena-Tolivia to the team as a Solution Director to head the SAP GTS practice for the European region. Frederik comes to Krypt with vast expertise across a plethora of industries such as Retail, Life Science & Health Care, Automotive, Finance, Aerospace & Defense, Manufacturing, … Continue reading “PRESS RELEASE: Krypt hires Frederik Pena-Tolivia as Global Trade Solution Director for Europe”

By: Krypt Team - April 7th, 2021