Streamline regulatory compliance
Having the right technological infrastructure is crucial for facilitating and accelerating your adherence to regulatory requirements. SAP's Global Trade Services application enables businesses to efficiently navigate the intricacies of cross-border trade, ensuring comprehensive regulatory compliance, seamless electronic communication with customs authorities, and seamless integration with your import and export processes.
Accurate product classification is the foundation of global trade best practices and master data and will often require collaboration with a product engineer and compliance specialist. To accommodate the diverse requirements of various global authorities and jurisdictions, it may be necessary to manage multiple classifications for each product. With the use of SAP GTS, your system can efficiently store multiple classifications for a single product, encompassing categories such as HS, HTS, TARIC, PGAs, and ECCNs.