SAP GTS

SAP Global Trade Services (SAP GTS) is a comprehensive solution designed to help organizations automate, streamline, and manage their global trade operations. It ensures compliance with international trade regulations, reduces risks associated with global trade, and enhances operational efficiency.

SAP GTS integrates with your existing ERP systems (like SAP S/4HANA or SAP ECC) to provide a centralized platform for handling international trade processes, including customs management, compliance, and risk management.

Key Features of SAP GTS

  1. Trade Compliance Management

    • Ensures adherence to international trade laws and regulations.
    • Automatically screens business partners against restricted-party lists (e.g., denied party screening).
    • Manages embargoes, export controls, and licenses.

  2. Customs Management

    • Automates the creation of import/export declarations.
    • Facilitates customs clearance processes with government authorities.
    • Supports electronic filing with customs systems like AES (Automated Export System) and ATLAS.

  3. Risk Management

    • Identifies and mitigates trade-related risks.
    • Provides tools for managing sanctions, embargo violations, and trade restrictions.

  4. Trade Preference Management

    • Determines eligibility for trade preferences under free trade agreements (FTAs).
    • Helps businesses reduce duties and taxes by ensuring compliance with origin rules.

  5. Export and Import Management

    • Automates export and import processes.
    • Tracks shipments, manages trade documents, and handles export declarations.
    • Maintains audit trails for compliance purposes.

  6. License Management

    • Manages trade licenses and ensures proper use during export/import activities.
    • Automates checks for license validity and requirements.

  7. Integration with SAP and Non-SAP Systems

    • Seamlessly integrates with SAP S/4HANA, SAP ECC, and third-party ERP systems.
    • Allows smooth data exchange for real-time trade operations.

  8. Document Management

    • Creates and stores trade documents such as invoices, bills of lading, and certificates of origin.
    • Supports electronic transmission of documents to stakeholders and authorities.

  9. Analytics and Reporting

    • Offers dashboards and reports for trade operations and compliance status.
    • Provides insights into trade volumes, costs, and regulatory compliance