Global trade practices are under greater scrutiny than ever before. Regulations have become more stringent and highly dynamic, reaching into the transfer of goods and the flow of funds. Manual export management processes often lead to delayed shipments to customers, fines, inventory increases and unnecessarily high labor costs. For companies to compete on a global level, technology must be applied to achieve compliant and streamlined export processes.
The TradeBeam Export Management solution ensures compliance with export regulations and streamlines customs management processes. The solution provides comprehensive export compliance capabilities, including restricted party screening, license determination and end-use screening. It also provides a rich set of export process management capabilities including export documentation management, automated customs filing such as Automated Export System (AES) for the U.S. and export order management.