Identify Non-Compliant Transactions Faster and Reduce Costs with GTS Business Package

  • by Rajen Iyer, Cofounder and CTO, Krypt, Inc.
  • November 1, 2004
Trade services representatives and compliance managers need a variety of reports for screening and monitoring business partners and countries under embargoes as well as for general importing and exporting checks. With the GTS Business Package, they can stay current with circumstances related to their business partners, transactions, and verify sanctioned or embargo situations as well as retrieve export and import data.
Key Concept
The Compliance Management component of the Global Trade Solution (GTS) provides tools to streamline costly export and import control processes. It eliminates manually administering control and offers an automated system that handles data and trades processes related to imports and exports. It also acts as a centralized repository for import and export information.

Rajen Iyer

Rajen Iyer is the cofounder and CTO at Krypt, Inc. Rajen has written several in-depth, best practice articles, white papers, patents, and best-selling books on SAP Logistics and SAP Global Trade Services, including Effective SAP SD and Implementing SAP BusinessObjects Global Trade Services. He is also an invited speaker at industry conferences.

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