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What is SAP Global Trade Services?

Oversee global compliance through a centralized platform that effectively integrates trade services across your entire organization. By automating and fine-tuning trade processes, you can boost the efficiency of your international supply chain, maintain oversight on costs, reduce the risk of penalties, and speed up customs clearance. Centralizing compliance master data and content allows for streamlined management of global trade operations. Improve productivity by automating repetitive tasks related to compliance in global trade. Ensure that each order adheres to the latest compliance regulations to lower the chances of incurring fines. Accelerate supply chain activities with real-time assessments of compliance. Conduct screenings against sanctioned party lists across multiple departments such as sales, finance, HR, procurement, and distribution. If any transaction fails a compliance check, the system swiftly blocks it for immediate review. Work lists are utilized for the efficient resolution of blocked documents, while user-friendly workflows facilitate the escalation of entries needing additional attention. Consequently, this comprehensive system not only streamlines compliance management but also fosters a culture of accountability and diligence within your organization. By adopting such measures, organizations can better navigate the complexities of global trade while ensuring adherence to regulations.

What is MIC Global Trade Management?

In the rapidly changing global market, multinational companies can significantly reduce the costs tied to international customs and trade compliance by optimizing the logistics of their goods, which can provide them with both immediate and long-lasting competitive advantages. However, it is essential to have appropriate Global Trade Management (GTM) software seamlessly integrated with a firm's IT infrastructure and its customs and trade compliance processes to boost operational efficiency, ensure clarity, minimize compliance risks, and realize cost reductions. MIC offers an exceptional, intuitive array of web-based software solutions that can be tailored and implemented in a modular way to meet different organizational requirements. Our software is regularly updated and adapted to address the unique needs of various industries. These updates are informed by best practices within the industry and are designed to comply with the ongoing shifts in regional and national legal frameworks, ensuring that businesses stay both compliant and competitive. As organizations navigate the ever-evolving trade landscape, the strategic deployment of robust GTM solutions is not just beneficial but vital for achieving sustainable growth and maintaining a strong market position. Ultimately, embracing advanced technology in trade management will empower businesses to respond swiftly to changes and enhance their overall effectiveness in the global arena.

Media

Media

Integrations Supported

Bureau van Dijk Review
Mendel
Oracle Cloud Infrastructure
SAP Business Network
SAP Cloud Platform
SAP HANA
SAP Joule

Integrations Supported

Bureau van Dijk Review
Mendel
Oracle Cloud Infrastructure
SAP Business Network
SAP Cloud Platform
SAP HANA
SAP Joule

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.sap.com/products/global-trade-management.html

Company Facts

Organization Name

MIC

Company Location

United States

Company Website

www.mic-cust.com/software-solutions/

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