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Global Trade Management (GTM)

Oracle Global Trade Management (GTM) Consulting Services

Global trade systems have been in the news for the past few years, with disputes between the US and China, new trade agreements like the USMCA and the CPTPP, and Brexit. Governments around the globe have updated or tightened export and import compliance regulations. They have increased enforcement measures and violation penalties, making compliance more critical than ever. Gaps in compliance programs can carry civil fines, jail time, and revocation of trading privileges. It is crucial to ensure that your trade processes are compliant with all appropriate regulations.
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our approach

  • Gain an in-depth understanding of our customers' global trade operations and the challenges they face through a detailed discovery process.
  • We provide comprehensive Oracle GTM implementation services that include Restricted Party Screening, Rule-Based Compliance Screening, License Management, Document Generation, and Automated Filings.
  • Leverage best-of-breed integration technologies and adapters built by Accelalpha to integrate Oracle Global Trade Management (GTM) solutions with other business applications such as Oracle EBS, JDEdwards, and SAP, among others.
  • Leverage pre-packaged proven implementation tools for rapid Oracle GTM implementation and accelerated return on investment. 

key benefits

  • Reduce risk by leveraging the most experienced Certified Oracle Global Trade Management Consulting Partner.
  • Automate screening of trade transactions processed in business applications such as ERP.
  • Improve scalability, accuracy, and speed of compliance screening of all your cross-border trade transactions. 

the accelalpha difference

  • Depth of knowledge, experience, and skill of Accelalpha's Oracle GTM consultants with an average of over 10 years in logistics.
  • The largest global team of Oracle GTM consultants.
  • Accelalpha has completed more successful Oracle GTM implementations than any other services partner. 

frequently asked questions

Q: What makes Oracle GTM Cloud the best in its class?

A: Oracle Global Trade Management Cloud is a well-known Oracle product with robust trade compliance functionality that allows clients to mitigate risks throughout the entire supply chain process. The OTM Cloud constantly evolves to meet the client's needs with new compliance updates and facilitates scalability and accuracy within the organization's growth (domestically and globally).

Q: How Oracle GTM Cloud mitigates trade risks?

A: By allowing organizations to be proactive in the early stages of the supply chain process on the trade compliance screening. Companies can detect in the early stages of the supply chain process whether the order will be compliant with global trade regulations by being able to screen third-party vendors and avoid any audits or potential fines.

Q: Can Oracle GTM Cloud help accelerate compliance screening on cross-border transactions?

A: Oracle Global Trade Management Cloud allows you to identify the necessary documentation, import and export licenses, estimated duties, and taxes that must be included for customs clearance. Oracle GTM Cloud also streamlines the customs clearance process by sending the proper documentation and clearance information to the local customs brokers and government agencies.

Q: How can Oracle GTM Cloud improve my internal global trade team's efficiency?

A: The initial setup of Oracle Global Trade Management Cloud is based on your input of the local regulations for trading with each country. This ensures that all the current processes and regulations are respected and automated inside the tool. All pertinent rules are automated in the Oracle GTM Cloud system, so your team can be more efficient while complying with the regulations.

Q: How is document generation used in Oracle GTM Cloud?

A: Any logistic documents, like shipping letters of instruction, custom invoices, package lists, etc., can be stored in Oracle GTM Cloud and made available when needed. Oracle GTM will identify all required documents based on the ship-from and ship-to countries.

Q: How can Oracle GTM Cloud be integrated with other solutions?

A: Accelalpha's Oracle GTM Cloud consultants can integrate Oracle GTM with multiple ERP solutions like JDE, EBS, and SAP, utilizing various middleware applications. In addition, Oracle GTM Cloud can be combined with Oracle EBS using the standard out-of-the-box Oracle ITM adapter. These integrations enable data sharing and establish two-way communication between the ERP system and Oracle GTM Cloud.

Q: How is Oracle GTM Cloud simplifying the cross-border transactions between countries with free trade agreements?

A: Oracle Global Trade Management Cloud has functionality that enables you to do supplier solicitation and free trade agreement qualification. Oracle GTM can utilize free trade agreement rules to help determine if a product or shipment qualifies for a free trade agreement. This will simplify the approved shipments.

Q: How does license management work in GTM?

A: Oracle Global Trade Management Cloud has a robust license management functionality that allows you to manage import and export licenses based on the total shipment value or quantity. This is part of the trade compliance screening process, and rules can be configured to determine if that shipment requires a license based on the ship-from and ship-to locations.

Q: How much can GTM be customized?

A: Our Oracle GTM Cloud consultants can customize Oracle GTM cloud as little or as much as you need to optimize your trade compliance process.

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