Krypt Blogs | Trade Compliance

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

Krypt Presenting at ICPA Summer Conference 2021 | Orlando

Krypt is delighted to be presenting at 2021 ICPA Summer Conference – Orlando, scheduled from July 25-28, 2021 at Walt Disney World Swan & Dolphin Resort. Who is it for? If you are involved in Import/Export Compliance or Operations, Supply Chain Compliance or Security, Internal Controls or Government Relations this is the conference for you. There will be … Continue reading “Krypt Presenting at ICPA Summer Conference 2021 | Orlando”

By: Krypt Team - May 27th, 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

Transitioning to S/4HANA: Implications for SAP GTS and Value in Foreign Trade

Author: Vijendra Kargudri SAP Global Trade Services (SAP GTS) is an SAP application for foreign trade used by 2,000 plus customers over the last 16 years. By 2025, S/4HANA described as SAP’s biggest launch in 23 years, possibly ever, the support for standalone systems will be withdrawn, companies will have require transitioning to SAP S/4HANA. … Continue reading “Transitioning to S/4HANA: Implications for SAP GTS and Value in Foreign Trade”

By: Krypt Team - May 14th, 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