SAP GRC Global Trade Services

SAP's GTS system, part of their Governance, Risk and Compliance solution set, takes SAP's Foreign Trade capabilities to a new level.  Building on the functionality already available in ERP, GTS provides a separate and much more complete solution for international trade.  Functionality has grown with each version, and currently includes:

• Compliance Managment - handling Import & Export License management, embargo compliance and Sanctioned Party List screening.
• Customs Managment - managing declarations to the authorities for Imports, Exports and EU Transit shipments.
• Electronic Compliance Reporting - centralised statistical reporting, including Intrastat declarations for goods movements across the EU.
• Risk Managment - supporting Preference Agreements, managing Letters of Credit, and handling CAP Restitution in the EU.

Honeycourt's involvement

Since early 2007, Honeycourt has been working actively with the SAP GTS development team in Germany to enhance the Customs Management module.  As a result, UK imports, exports and transit shipments are now supported in the system.

The latest version, 8.0, ships with the following UK functionality available "out of the box":

• NES Export declarations - full Pre-Lodgement or Local Clearance Procedure
• CFSP Import declarations - SDI, SDW and FSD messages under SDP or LCP
• NCTS Transit declarations - initiation and closure

Honeycourt continues to work with SAP to ensure that the developing UK and European requirements are supported in the system, and to further enhance the standard functionality.

Implementing GTS

The GTS solution is ideal for companies already running SAP ECC or R/3, particularly those with operations in more than one country.  It is a truly global system, offering multi-country, multi-currency, multi-language and multi-timezone facilities, and built-in comprehensive real-time interfacing to one or more SAP ERP systems.  Honeycourt has the skills and ability to configure and develop a complete solution to meet your international trade requirements.  Contact us for further information.