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SAP Global Trade Services (SAP GTS) is a comprehensive software solution provided by SAP that helps organizations manage and streamline their global trade operations. It is designed to assist businesses in complying with international trade regulations, optimizing supply chain processes, and enhancing visibility and control over cross-border trade activities. Here's a concise description of SAP Global Trade Services:
Trade compliance management refers to the process of ensuring that a business's international trade activities adhere to all relevant laws, regulations, and standards governing cross-border trade. It is a critical aspect of global business operations, as non-compliance can lead to
SAP Import Management refers to the functionality within SAP software that enables organizations to efficiently manage and streamline the importation of goods and materials into their operations. It encompasses a range of processes and tools to ensure that imports comply with legal and regulatory requirements while optimizing supply chain efficiency.
SAP Export Management is a module within the SAP suite of enterprise software solutions designed to facilitate and streamline the export processes for businesses engaged in international trade. It provides tools and capabilities to manage various aspects of exporting goods, ensuring compliance with export regulations and optimizing cross-border transactions.
SAP Restricted Party Screening (RPS) is a critical component of SAP Global Trade Services (GTS) and other SAP solutions related to international trade and compliance. It is designed to help organizations ensure that they do not engage in business transactions with individuals, organizations, or entities that are subject to trade restrictions, sanctions, or embargoes imposed by governments or international regulatory bodies.
SAP Global Trade Analytics is a specialized analytics solution within the SAP ecosystem designed to provide businesses with powerful insights and reporting capabilities related to their global trade activities. It enables organizations to analyze and visualize data associated with international trade operations, compliance, and supply chain performance.
SAP Customs Management is a specialized module within the SAP suite of enterprise software solutions that focuses on managing and optimizing customs-related processes for businesses engaged in international trade. It helps organizations navigate the complex customs requirements and regulations of different countries, ensuring smooth and compliant cross-border transactions.
