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Global Trade Management (GTM) Software automates the management of global trade processes. This includes trade compliance, logistics, and financial settlements.
Entities involved in GTM Software include exporters, importers, carriers, and customs authorities. Examples include integration with customs databases, automated documentation generation, and real-time tracking of shipments.
GTM Software features compliance audits, trade agreement management, and duty optimization. Compliance audits check adherence to international regulations, trade agreement management helps utilize free trade agreements, and duty optimization calculates and minimizes payable duties.
Leading GTM Software providers offer integration with Enterprise Resource Planning (ERP) systems, multi-language support, and scalable solutions fit for large enterprises and SMEs. Providers include SAP Global Trade Services, Oracle GTM, and Amber Road.