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GLOBAL TRADE COMPLIANCE

Save time, control costs and mitigate risks with QAD Precision Global Trade Compliance — ensure every order meets international regulations, no matter where you trade.

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International Trade Compliance, Made Easy

STREAMLINE YOUR GLOBAL TRADE COMPLIANCE PROCESSES

Changes in trade regulations, sanctions and restricted parties along with the growing complexity of trade laws and regulations make global trade compliance increasingly challenging. Supply chains have become global, and an increasing number of companies are engaged in cross-border trade. Trade compliance departments are equally challenged with both the growing number of trade laws and the increasing complexity of regulations. As a result, more companies are turning to automated international trade compliance software. 

Ensuring each and every import or export is compliant is a labor-intensive process, and mistakes are costly. Not only can companies incur heavy fines and reputational damage for compliance missteps, but Customs delays due to a missed admissibility requirement can equate to a lost sale, or a down manufacturing line.  QAD Precision’s scalable and extensible solution gives global enterprises the tools to turn global trade into a competitive advantage by reducing risk while maximizing trade optimization strategies.

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KEY FEATURES OF QAD PRECISION GLOBAL TRADE COMPLIANCE

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Import Execution
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Export Execution
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Free Trade Agreement Software
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Restricted Party Screening
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Trade Compliance Analytics

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Import Execution

MITIGATE REGULATORY RISK, REDUCE SPEND AND STREAMLINE TRADE ACTIVITIES

QAD Precision Import Execution automates and executes import processes to ensure a seamless, efficient and compliant importation of trade goods. Using QAD Precision Import Execution, global enterprises can proactively address new products and admissibility requirements, thus avoiding costly delays upon entry. Supported by automated workflows and alerts, QAD Precision Import Execution helps enterprises gain a competitive advantage by reducing regulatory exposure, avoiding unnecessary costs, and reducing process cycle-times.

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Leverage Automated Alerts & System Holds

SATISFY ALL REGULATORY CONTROLS

PRECISION’s trade compliance software provides an automated alert whenever a shipment or trading partner is subject to special regulatory controls. Through smart business rules, workflow tasks, escalations and due dates can be assigned to the proper resource. PRECISION ensures all export controls have been satisfied before your shipment is released.

Improve Operational Visibility & Management

GET DATA-DRIVEN INSIGHTS

Get greater insight into your international trade compliance processes. PRECISION Analytics provide on-demand dashboard views of key operational statistics, metrics and trends. These include the number and types of shipment holds as well as Denied Party Screening volume. These data-driven visibility tools are critical to helping you develop internal key performance indices and management reports.

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Restricted Party Screening

AUTOMATE VENDOR AND TRADING PARTNER SCREENING

Governments and international organizations issue lists of restricted individuals, groups and entities associated with organized crime, the proliferation of nuclear weapons, or terrorism. With QAD Precision Restricted Party Screening, enterprises can automatically validate that they are not trading with sanctioned or restricted groups, individuals or entities. With Companies can screen at any stage of the transaction on an ad-hoc, batch or transaction basis as required. QAD Precision issues daily content changes to ensure that you are kept up to date with the latest content data. 

Why PRECISION?

Why QAD Precision?

BEST-IN-CLASS GLOBAL TRADE COMPLIANCE SOFTWARE

QAD Precision is used by global enterprises, manufacturers, importers, exporters and high volume, high value and time-sensitive shippers. QAD Precision’s customers span multiple industries including banking and finance, life sciences, high technology, retail, industrial, automotive, higher education and public sector as well as logistics providers. To find out how QAD Precision can streamline global trade compliance across your organization, schedule a consultation today.