Thinking about a trade solution? SAP Global Trade Services (GTS) provides a single, complete global trade platform to meet global trade regulations enterprise-wide. It can be nimble and robust, providing framework for controlling, calculating and communicating against any trade regulation, for any company and any country.
Comparing Trade Management with and without SAP Global Trade Services
Trade solution – without SAP GTS | Trade solution – with SAP GTS |
Single solution per country – multiple installations of trading and customs systems, operating systems/ databases | One centralized SAP GTS solution across the whole enterprise |
Data distributed in many different systems | Holistic data availability over the whole company |
Different business processes as a result of different systems | Compliant processes across the enterprise with consistent processes |
Higher IT costs | Lower IT costs |
Does not allow customers to electronically file customs declarations | Allows customers to electronically file customs declarations as SAP GTS is licensed to work with few countries |
Does not streamline accounting and reporting processes as business processes are spread across various systems | Xcelsius dashboards and crystal reports integration streamlines the whole reporting processes |
SAP GTS is based on SAP NetWeaver technology and can be connected to both SAP and Non-SAP feeder systems.
The table above depicts how SAP GTS is integrated across different applications (ERP, CRM, SRM, Legacy systems), regulatory data (HTS/ECCN, Duty rates, SPL ) from data providers and Business partners (Vendors, customers, banks, freight forwarders, brokers) and how it serves as a platform for one centralized solution across the enterprise.
Let us consider an example in how SAP GTS can automate compliance of complex, new and changing global trade regulations.
Exports from USA for encryption products
Major changes as part of US regulations took place in 2010 in how one should export encryption related products and each change requires to adjust how we control and report on encryption products. Every country has different regulations and exports from other countries also has to adhere to US regulations if the parent company is based out of USA.
In such a scenario, SAP GTS, being a one stop solution, allows all of the changes to be reflected easily in the system with few tweaks from master data and configuration. This proactive nature prevents any bottleneck in the supply chain cycle thereby increasing efficiency and speeding of customs clearance processes.