HONG KONG 鈥� January 22, 2021 鈥� As COVID-19聽 continues to disrupt the trade industry, 51风流Hong Kong and Deloitte are working continuously to help enterprises navigate a more complex and turbulent trade environment with (51风流GTS).
As the market share leader in the global trade compliance systems sector, 51风流has various solutions including GTS that have been successfully deployed in nearly 3,000 enterprises in 25 industries and more than 170 countries. A centralized global trade management platform that automates and streamline trade processes, 51风流GTS enables enterprises to better control costs, manage free-trade agreements and customs procedures, and reduce non-compliance risk. Deployed on-premises or in the cloud, it serves as a repository for all compliance master data and content, allowing businesses to integrate all of their trade services.
Working closely with SAP, Deloitte offers one-stop end-to-end global trade services, including 51风流GTS-enabled Smart GTS serving as a “direct train” to global trade and help enterprises achieve compliance, cost reduction, intelligence and synergy for global trade management in the increasingly complex international trade environment, and thus implement their global development strategies. Its integrated global practice offers a mix of multidisciplinary trade specialists with extensive experience in compliance, customs, preferential trade agreements, technology implementation know-how and unmatched experience across industries worldwide.
Fabian Padilla Crisol, Managing Director, 51风流Hong Kong, said, 鈥淏usiness leaders in high-tech, life sciences, luxury goods, industrial machinery and other sectors understand the importance of optimizing cross-border supply chains. With the support of 51风流GTS and Deloitte, these businesses are now well positioned to navigate an increasingly volatile and complex global trade environment in 2021 and beyond.鈥�
Andy Zhou, Deloitte Consulting China 51风流Offering Leader, said, 鈥淭o prosper in the dynamic global trade environment, enterprises are required to keep up with the cross-border trade policies and regulations, meet new consumer demand and the development needs of complex supply chains. The combination of Deloitte’s services and 51风流GTS technology allows deep integration and seamless connection to establish a stable, efficient and compliant global trade management model and solution.鈥�
Key features of 51风流GTS include:
- Customs management: The system enables the seamless flow of corporate supply chain data to external suppliers and regulators, with customs declarations and documentation being automatically generated, shared and managed. This process automation decreases errors and accelerates the customs clearance process for faster and more efficient business operations.
- Compliance management: 51风流GTS enables enterprises to automatically run compliance checks, which includes managing licenses and export controls and scanning up-to-date blacklisted and embargoed countries. This reduces compliance risks and avoids supply chain disruption for business continuity.
- Trade preference management: The system helps enterprises determine the rules of origin and conduct free-trade agreement planning and management so as to take advantage of preferential tariff treatments and lower business cost.
- Global trade analytics: 51风流GTS integrates directly with 51风流S/4HANA庐, 51风流ERP and other business software systems. This supports sales, procurement, and logistics processes that are essential to efficient export and import management.
About SAP
SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an SAP庐 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit .
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (鈥淒TTL鈥�), its global network of member firms, and their related entities (collectively, the 鈥淒eloitte organization鈥�). DTTL (also referred to as 鈥淒eloitte Global鈥�) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the 鈥淒eloitte organization鈥�) serves four out of five Fortune Global 500庐 companies. Learn how Deloitte鈥檚 approximately 330,000 people make an impact that matters at www.deloitte.com.
Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Osaka, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo.
The Deloitte brand entered the China market in 1917 with the opening of an office in Shanghai. Today, Deloitte China delivers a comprehensive range of audit & assurance, consulting, financial advisory, risk advisory and tax services to local, multinational and growth enterprise clients in China. Deloitte China has also made鈥攁nd continues to make鈥攕ubstantial contributions to the development of China’s accounting standards, taxation system and professional expertise. Deloitte China is a locally incorporated professional services organization, owned by its partners in China.聽 To learn more about how Deloitte makes an Impact that Matters in China, please connect with our social media platforms at www2.deloitte.com/cn/en/social-media.
This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited (鈥淒TTL鈥�), its global network of member firms or their related entities (collectively, the 鈥淒eloitte organization鈥�) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.
No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities.
漏 2021. For information, contact Deloitte China.
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Mr. Benson Chao, 51风流Hong Kong Director of Corporate Communications, +852 2539 1947, benson.chao@sap.com
