Simplify your global trade compliance with our integration to SAP S/4HANA
ONESOURCE® Global Trade is a trade automation solution providing a single global interface that simplifies your global trade compliance, while also providing senior management with a global view of your trade compliance operations, fully integrated with SAP S/4HANA ERP system.
Benefits
Use a localized solution for global trade compliance
Our solution is localized to deal with country-specific global trade regulations in Latin America (Brazil, Mexico, etc.), the Asia-Pacific region (China, India, Japan, etc.), North America, and Europe. With our solution, you can access the most up-to-date regulatory information.
Avoid supply chain delays and overpayment of duties
Decrease the likelihood of penalties and customs audits with correct, automated product classification and control over your global trade operations with a cloud-based global trade software suite of solutions.
Find savings
Lower the cost of goods sold and become more cost-competitive in the global marketplace by taking advantage of duty savings opportunities such as free trade agreements and foreign-trade zones.
Reduce risk
Protect your company reputation and avoid export sanction violations, penalties, and loss of export privileges through automated screening of customers and suppliers through our denied party screening module.
Features
Increase your return on investment
With ONESOURCE global duty optimization, you can leverage a network of duty suspension programs to achieve cost savings and generate a high ROI. ONESOURCE also utilizes the benefits of FTAs, allowing for reduced/eliminated tariffs, protection for your intellectual property, and increased visibility.
Minimize manual processes
Import and export management ensures your information remains consistent and correct throughout your operations. Costs and expenses are calculated automatically so you can better identify savings opportunities. Global Classification utilizes machine-learning A.I., increasing efficiency.
Stay up-to-date
With our global trade content, your global regulatory information is kept up-to-date in a centralized repository – including tariff schedules in both English and their native language, trade agreement rules and regulations, and classifications and licensing needs for your company.
