Solutions
TradeBeam’s market-leading Global Trade Management software solution helps companies streamline their global trading processes. The solution, delivered via the Software-as-a-Service (SaaS) model, requires no upfront hardware or software investments, leading to significantly faster ROI. Key components of the TradeBeam solution include:
- Export Management and Compliance: Enables organizations to streamline export management processes and ensure compliance with export regulations including restricted-party screening, export license control, and end use screening. Also automates generation of export documents and customs filing.
- Import Management and Compliance: Streamlines customs management including pre-entry, entry filing and post-entry management, and enables product information management, classification management and assist management. It allows users to calculate and have visibility into actual landed costs of any shipment.
- Origin Management: Leverages continuously updated trade data and rules of origin (using TradeBeam Content) to determine the economic origin and free trade agreement eligibility, while creating detailed documentation of the findings and enabling in-depth scenario analysis.
- Supply Chain Visibility: Provides an integrated platform for real-time monitoring and measuring of order and shipment tracking across the entire global supply chain. Enables quick electronic integration with trading partners including freight forwarding agents, carriers, customs brokers and government agencies. Trading Partners can generate Bar Code Labels from inherited supply chain data to streamline processes.
- Inventory Collaboration: Allows manufacturers to provide their suppliers with real-time visibility into component inventory status including on-hand, forecast, usage, orders, shipments and receipts, and exceptions, enabling organizations to implement multiple inventory pull-and-push replenishment models such as Kanban, Collaborative Min-Max Inventory Management and Discrete Order.
- Export Letter of Credit: Enables exporters to manage the creation and presentment of all documentation required for Letters of Credit. Exporters can ensure reconciliation between Letter of Credit data and critical supporting documents, and receive notification of significant events.
- Import Letter of Credit: Enables importers to manage the application and amendment of Letters of Credit. Importers can create Letter of Credit applications from purchase orders, manage the Letter of Credit amendments based on changes to the purchase orders, manage the approval process, track the Letter of Credit status on the TradeBeam Portal, and manage Letter of Credit payments.
- Open Account Management: Enables importers and exporters to take costs out of the supply chain and interact directly without using Letters of Credit. Links physical and financial supply chain transactions and events to lower financial risk, and reduce errors and delays. Banks can have increased visibility into the supply chain and can leverage the TradeBeam platform to provide value-added services and financing.
- Trade Content: Enables organizations to use the most comprehensive, up-to-date and accurate trade content in the industry including classification codes, customs duty and fee schedules, HS and ECN/ECCN-based compliance rules, denied-party lists, and required trade documentation.
