The SAP GRC Global Trade Services application is powered by the SAP NetWeaver technology platform, a comprehensive integration and application platform. The application supports four major business processes: export management, import management, trade preference management, and restitution management.

• Export management – Automates and streamlines complex export processes to ensure faster delivery to customers by minimizing delays at national borders while ensuring compliance with relevant regulations and mitigating the financial risk of global transactions.
• Import management – Helps to expedite customs clearance for import shipments to reduce costly buffer stock and implement just-in-time inventory management. SAP GRC Global Trade Services allows you to easily classify products, calculate duties, streamline electronic communication with customs authorities, ensure import compliance, and efficiently manage letters of credit.
• Trade preference management – Helps you make the most of international trade agreements with capabilities to solicit vendor declarations, determine the eligibility of products for preferential treatment, and issue certificates of origin to customers.
• Restitution management – Enables you to manage and calculate the restitution for the export of common agricultural products (CAP) out of the European Union with capabilities to assign securities, manage export licenses, maintain recipes, and calculate and apply for refunds.