QAD Precision for Global Trade Management

Posted on: June 4, 2019 | By: Robert Joynt | Professional Services, QAD Business Process

Global trade management (GTM) streamlines global trade by revolutionizing the entire transactional process from order to settlement and in turn improving operations and cash flow. Many international companies are tested with the challenges of importing or exporting products such as buyer screening, customs, delivery and settlement. Implementing QAD Precision well allows seamless integration with Enterprise Resource Planning to overcome those challenges and help your company thrive.

Documentation and Compliance:

Many customers have come to expect detail documentation that is specific to their needs. GTM allows you to cater to those needs while still efficiently producing the needed documentation and ensuring compliance. All important data is stored and searchable to be used later whenever needed.   Automated shipment rules, cost calculations and third part management options are just some of the features to help with global business.

Visibility:

Utilization of reporting and dashboards can help track statistics and costs in real-time, allowing for necessary information to be available to make decisions and adapt when needed. With increased visibility into global operations, you gain deeper understandings and early detection of possible documentation or customs issues. These are just some examples of ways that visibility could help to mitigate costs and improve productivity.

Policies, Procedures and Data:

QAD Precision offers great tools to help improve global operations and grow your company. Nonetheless, GTM is only as good as the policies, procedures and data that are implemented. It is important to create and maintain strong policies and procedures surrounding your global operations in addition to confirming accurate data. Properly implemented policies, procedures and data combined with global trade management tools will help your company make proactive decisions and help your company grow.

We are here to help with any of your global trade management needs. QAD GTM software partnered with Logan Consulting implementation services can help you achieve a solution that meets your company’s needs.  Please do not hesitate to contact Logan Consulting to discuss your current processes or to explore other ways we may choose to work together.

Logan Consulting is a professional services firm committed to helping businesses improve business processes to get the most from their ERP investments.

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