Integration Benefits
The TradeBeam integrated suite of Global Trade Management solutions streamlines trade compliance, trade visibility and trade finance processes. Compelling benefits include:
- Reduced risk of penalties and fines
- Lower customs duties paid
- Less time required for processing and documentation
- Reduced costs through less inventory and lower expediting costs
- Elimination of customs delays due to lack of documentation
- Lower transaction fees
The solutions enable organizations to make the most strategic sourcing decisions based on total landed cost and factoring in free trade agreements and import duties/tariffs. The solutions also enable a transparent supply chain, allowing the enterprise to take immediate action on issues.
Companies can start with a single solution—compliance, visibility, or trade finance—then add the others solutions as needed. Because the three solutions share common building blocks—PO/sales order, ASN, product catalog classification, and connectivity to partners, the cost of deploying a second or third solution is significantly lower and enables organizations to continue to streamline their global trade processes at a significantly lower cost of ownership.
