ORCODE
Consulting ~ Development
ORCODE can deliver complex solution for your SAP GTS throught whole project lifecycle:
- gathering requirements
- blueprinting phase
- functional and technical specification
- customizing
- development
- testing
- cut over
- go live
- hypercare after go live
GLOBAL TRADE SErvices
The system for global trade services(gts) automates global trade transactions, manage large numbers of business partners and documents, and ensure that company always complies with constantly changing international legal regulations. this solution supports global trade activities with the tools needed to participate in the modernized systems and electronic means of communication used by government agencies and customs authorities. GTS helps to avoid costly delays and financial risks involved with imports and exports, enabling to react to international business opportunities quickly. Since it is based on SAP NetWeaver technology, the GTS system can be used with both SAP and non-SAP systems as feeder systems...
Sanctioned
Party List Screening
A sanctioned party list contains a
list of persons and companies with whom trade is prohibited by law. Sanctioned
party lists are issued by government agencies and can be obtained from data
providers. Sanctioned party lists are binding for all traders.
During sanctioned party list
screening, business partner addresses are compared with the addresses on the
relevant sanctioned party lists. When goods are exported, for example,
automatic comparison of the consignees' addresses with the sanctioned party
list can be performed.
The functions of the sanctioned party list screening component are integrated in the overall business process in the system for Global Trade Services (GTS). They support during sanctioned party list screening and log the SPL screening results for audits.
Legal Control - Import/Export
In legal control, master data and
business transactions can be maintained in accordance with the legal
requirements for imports and exports. Monitoring and simulation tools can be
used to help ensure that business is compliant with current import and export
laws. Legal control includes checking business transactions for products that
require licenses, as well as the check for embargo situations for these
business transactions.
Embargo Check
The government agencies of a country,
group of countries, or international organizations as representatives of the
United Nations sometimes impose bans on shipping specific products to specific
countries, for business or political reasons, known as embargos. All companies
have to comply with these embargos in import and export processes.
The embargo check in the Global Trade
Services (GTS) system checks business transactions for critical business
partners automatically. In the process, the system determines all business
partners who are subject to an embargo situation as a result of their company's
location. If an embargo situation exists, the system blocks the business
transaction for further processing. These blocked business transactions can be
evaluated and released as necessary.
Customs Management
The system helps to
automate and standardize import and export processes in coordination with
customs authorities, speeding up goods imports and exports while reducing the
total costs for handling customs-relevant transactions. One essential
prerequisite for this is electronic communication with the customs authorities
in the individual countries that use computerized procedures. Electronic
customs processing with the application helps companies meet the stringent
requirements of the legal regulations, accelerating the release of their goods
by the customs authorities.
Customs processes
and administrative files can be handled by exchanging electronic messages
with the customs
authorities, as well as printing out the necessary forms. The
automated handling and monitoring of cross-border and control-relevant goods
traffic helps to ensure compliant process handling and standardize
communications with the authorities. This simplifies and accelerates customs
clearance and administration. In addition to electronic communication, additional
simplifications for customs declarations can be provided when the necessary
authorizations by the customs authorities have been granted. Several declaration
types can be chosen, for example, depending on the requirements of the
individual customs procedures. Logistics integration with the feeder system
enables to reuse data from the logistics documents
(see Logistics Integration of Feeder System and Customs Management). This enables to automate processes even further. Integration with the logistics processes is mandatory for customs procedures with inventory management, such as outward processing and the customs warehousing procedure.
Created by ORCODE
Preference Processing
Preference Processing in Global Trade Services (GTS) supports
exporters in fulfilling all legal requirements for customs preferences and
identify their goods as eligible for preferential treatment. Based on this
documented eligibility for preferential treatment, the exporter's customers can
import these goods duty-free or at a reduced rate of import duty, giving the
exporter a decisive competitive advantage. Preference processing has the
following features:
· Preference calculation based on preference agreements and preference models for standardized products, with static BOPs or for order-related BOPs for configurable products
· Make a statement on the preference eligibility of a product based on preference determination
· Print preference statements
Letter of Credit Processing
Letter of Credit (LOC) Processing in Global Trade Services (GTS)
can be used to mitigate the financial risks involved in global trade. This
application can be integrated with import and export transactions, minimizing
risk in international trade activities while speeding up process flows at the
same time. Delivery deadlines and document receipts can be monitored better for
legal control purposes. Following functions is used to minimize the risks of import
and export transactions
Restitution
The application area for restitution in Global Trade Services
(GTS) supports exporters in dealing with the restitution process and helps to ensure
that all the requirements for requesting and approving restitution payments are
met. In addition, the GTS restitution functions minimize the risk of loss for
securities and export licenses. The system supports the following prerequisites
for restitution:
·
Maintenance and assignment of CAP licenses
·
Maintenance and assignment of securities
·
Maintenance of recipes
·
Maintenance of restitution rates