To conduct business globally, you need to comply with local laws, satisfy trade security measures, meet documentation requirements, understand complicated tariffs, and coordinate various parties. Handling these tasks manually increases the risk of failure -- which can be costly when trading across borders. In fact, the inefficient administration of customs processes accounts for 7% of the cost of international trade, according to a United Nations study -- $420 billion annually.

With SAP Global Trade Services (SAP GTS), you can lower the cost and reduce the risk of your international business. The solution helps you establish a single, corporatewide standard for trade processes across SAP and non-SAP systems. The application secures global supply chains, enables electronic communication with government systems, and promotes the use of shared data -- replacing high-maintenance manual processes and providing one global view of trade across your enterprise.

SAP GTS manages the complexities of global trade and helps meet regulatory requirements. It enables you to expedite the importing of goods through customs by improving transparency throughout the supply chain -- sharing cross-border trade information with partners such as freight forwarders, brokers, insurance agencies, banks, and regulatory entities. It also helps you avoid supply chain bottlenecks, production downtime, and errors that can result in costly penalties.

You can implement SAP GTS quickly, for a fast ROI. And you can adapt the application to meet changing business and regulatory requirements. So you can compete and succeed in the competitive global marketplace.