GLOBAL TRADE SERVICES SOLUTION AS A SERVICE
In today’s fast-paced and ever-changing business landscape, staying compliant with trade regulations is crucial for multinational entities. To navigate the complexities of regulatory frameworks and effectively respond to new trade regulations, companies need scalable, flexible global trade management solutions.
GTS SOLaaS is designed to streamline compliance operations, adapt to regulatory changes, and ensure your business remains on the right side of the law.
5 REASONS TO
THE SIX BUSINESS RISKS
Supply chain disruptions
Negative impact on profit, increased costs, penalties, and fines
Violation of laws and regulations, reporting requirements, etc
Faulty products or services, poor customer support experiences, negative publicity
Data breaches, cyberattacks, identity theft, embezzlement, money laundering, criminal record, and intellectual property theft
The risk of heavy fines due to material damage and personal injury caused by the enterprise
MEET THE RISKS
Enables the automation and streamlining of trade processes, eliminating manual tasks, and reducing human errors, leading to increased efficiency, faster processing times, and improved productivity.
By automating trade processes and leveraging real-time data, allowing businesses to have better control over costs associated with cross-border transactions, which helps identify cost-saving opportunities, optimize duty and tax calculations, and minimize unnecessary expenses.
By providing a centralized repository for all compliance master data and content, ensuring businesses stay compliant with international trade regulations and avoid penalties or fines.
By offering tools for trade compliance screening, risk assessment, and monitoring, helping identify potential compliance risks, such as restricted party screening, and enabling businesses to take proactive measures to avoid legal and financial consequences.
It facilitates smoother and faster customs clearance by automating customs document preparation, generating accurate trade documentation, and integrating with customs authorities, reducing delays at borders, improving supply chain agility, and enhancing overall customer satisfaction.
By providing businesses with real-time visibility into their global trade operations, offering comprehensive reporting and analytics capabilities, enabling companies to monitor and analyze trade activities, identify bottlenecks, and make data-driven decisions to optimize their supply chain.
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