SAP Gains Importer Security Filing Certification for Global Trade Solutions
SAP(R) BusinessObjects(TM) Solutions for GRC Achieve Importer Security Filing Certification (ISF-5, ISF-10) from U.S. Customs and Border Protection Agency; Further Commitment to Help Customers Increase International Supply Chain Security
Conducting business on a global scale has become increasingly challenging. Today, organizations must comply with frequently changing domestic and global laws, satisfy trade security measures, meet mandatory electronic filing requirements, understand complicated tariffs and collaborate with parties across the supply chain. As companies expand internationally and conduct trade interactions with an increasingly global supply base, managing all of these tasks manually increases the margin for error, which can be costly. Similarly, relying on third parties to manage these critical processes adds expense and risk. As a result, companies rely on SAP BusinessObjects GRC solutions and the SAP BusinessObjects Global Trade Services application to establish a uniform, automated process and enterprisewide standard for reliable and compliant trade activities.
SAP Boosts Broadest Set of Import and Export Certifications With ISF Certification
The new ISF certification from SAP helps enable customers to more efficiently comply with U.S. customs clearance processes and helps reduce or eliminate thirdparty importfiling costs by submitting entries directly to the U.S. CBP. With the addition of ISF to the certification portfolio of SAP BusinessObjects Global Trade Services, SAP now has one of the broadest set of import and export certifications available on the market today. Receiving this significant certification underlines the top tier status of SAP BusinessObjects Global Trade Services among enterprise vendors for expediting the U.S. import process. The automated ISF interface from SAP BusinessObjects Global Trade Services helps enable customers to more easily comply with mandatory electronic security filing requirements, which take full legal effect in January 2010. The interface helps increase visibility into where goods are in the customs process, reduce customsclearance cycle times and maximize international supply chain security.
This latest certification complements SAP's ABI certification and demonstrates its drive to extend its leadership in the global trade compliance and supply security solution markets. SAP's unified platform for GRC helps customers enact a corporatewide standard for trade processes throughout the enterprise, which provides them with greater control and insight over their international business transactions. Increasingly, companies rely on SAP to help expedite crossborder transactions while helping enable them to more efficiently ensure reliable, compliant trade activities.
The ISFcertified interface for U.S. Customs and Border Protection (CBP) is generally available today.
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become bestrun businesses. With more than 92,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit www.sap.com.
(*) SAP defines business software as comprising enterprise resource planning, business intelligence, and related applications.
Any statements contained in this document that are not historical facts are forwardlooking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forwardlooking statements. SAP undertakes no obligation to publicly update or revise any forwardlooking statements. All forwardlooking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of their dates.
Copyright © 2010 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
Press releases you might also be interested in
Weitere Informationen zum Thema "Software":
Rückblick und Ausblick auf den Cloud-Markt
Die Cloud wird 2018 smarter und vernetzter, wächst noch stärker mit Rechenzentren und dem Internet der Dinge zusammen und entwickelt sich zum integralen Bestandteil von Serviceangeboten. Im Interview erläutert Andreas Weiss, Direktor EuroCloud Deutschland_eco e. V., diese und weitere Cloud-Trends für 2018 und wirft auch einen Blick auf wichtige Entwicklungen des vergangenen Jahres.Weiterlesen