Category: Economy
Partner Government Agencies (PGAS): Who’s Looking Over Your Shoulders?
Partner government agencies (PGAs) are a major factor as to why international trade is so challenging. Not understanding PGAs can bottleneck global trade operations.
Restricted Party Screening Through SAP GTS
A strict risk management policy is a must for global trade. Implementing and administering risk reductions internally will ultimately lead to risk reductions abroad. However, this only works if you have sharpened your restricted party screening policies.
Custom SAP GTS Companies Implementation Partner Must Haves
Preparations for a customized SAP GTS implementation can become complex quickly. Going it alone in your implementation is not an option if you want results from your SAP GTS solution. Customized SAP GTS implementations require an experienced partner as a guide.
SPL and Embargo Screening Solutions: Proper Setup is a Must
If you run an international business, there are few terms scarier than Sanctioned Parties List (SPL) and embargo. Both represent enormous possible pitfalls. Both open you up to fines, loss of license, and severe legal jeopardy. If you buy or sell the wrong item to the wrong country, or do business with a person or…
Global Trade Management Software Companies: What to Look For
International trade involves unique business process challenges that can be costly if left unaddressed. Long-term trade success requires effective management of such risks. That starts with a global trade software solution for process management—one that’s perfectly suited to your organization.
Women in Global Trade: Stats and Trends
The modern women’s movement has accomplished much over the past 50 years, enabling society to benefit from women’s ingenuity and giving women agency over their lives. It’s opened doors of opportunity, granting women access to STEM (science, technology, engineering and math) higher education and careers.
3 Ways SAP Business Process Automation Within GTS Can Reduce Human Error
There are many business process management capabilities in the SAP Global Trade Services (GTS) module. Three of them cover critical global trade tasks: Product classifications, sanctioned party screenings, and communications with customs. On each front, you will significantly reduce the risk of human error and streamline your trade transactions.
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