How can businesses simplify customs compliance with EY GTA tools?

It minimizes manual errors and accelerates compliance through automated documentation. The platform continuously monitors shipments against customs regulations while tracking supply chain performance in real time. Additionally, it seamlessly integrates with ERP and supply chain systems to create a unified data ecosystem and proactively identifies compliance and supply chain risks before they escalate, enabling businesses to operate efficiently.

What are the benefits of using a trade compliance platform like EY GTA?

The benefits include improved accuracy in documentation, reduced compliance risks, and enhanced visibility into trade operations. The platform automates the tracking of legislation changes on a timely basis. Additionally, it streamlines communication between stakeholders, reduces manual workload, and provides analytics for better decision-making. Overall, trade compliance platforms lead to cost savings and increased operational efficiency.

What features should you look for in global trade software?

When selecting global trade software, consider features such as automated customs documentation, real-time tracking, compliance checks, and integration capabilities with existing systems. User-friendly interfaces, robust reporting and analytics tools, and support for multiple languages and currencies are also essential. Additionally, ensure the software provides alerts for legislation changes and offers comprehensive support and training to facilitate smooth implementation and ongoing use.

What are the key challenges in global trade compliance and how can automation help?

Key challenges in global trade compliance include navigating complex regulations, managing documentation, and timely updates on changing laws. These challenges can lead to delays, penalties, and increased operational costs. Automation of trade compliance helps by streamlining documentation processes, improving data accuracy, and providing real-time compliance checks. This allows businesses to focus on decision-making, reduce human error, and enhance their ability to adapt to legislative changes efficiently.

EY Global Trade Automation (EY GTA)

EY Global Trade Automation (GTA) enables enterprises to plan, track, integrate and comply with end-to-end trade operations through AI-enabled HSN and FTA analysis, automated customs validation, e-commerce-like visibility, and audit-ready compliance. EY GTA helps deliver faster decisions and stronger control across the entire EXIM lifecycle.

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What EY GTA automates

Transform your trade landscape through EY GTA:

AI-driven analytics and reporting control
Substantial duty savings and opportunities for additional incentives
Potential reduction in litigation risk
Better control of demurrage and detention charges

Watch our short video to see how EY GTA aims at streamlining and strengthening your global trade operations.

Our short video

How EY GTA empowers your business

EY Global Trade Automation (GTA) for enterprises supports unified global trade management by combining AI, automation, compliance specialization and connected workflows into one integrated platform.

Why choose EY GTA solution

Easy to use and unified:

The platform puts critical data at your fingertips, delivering faster decision making, better operational efficiency and stronger risk management.
It offers better working capital management and better control on duties, penalties and logistics cost.
It boosts productivity and sparks seamless collaboration across the entire organization and external stakeholders such as Customs and Directorate General of Foreign Trade (DGFT) portal, Unified Logistics Interface Platform (ULIP), customs brokers, freight forwarders and banks.

Advanced algorithms and capabilities:

The intuitive and intelligent learning capabilities of the solution help improve efficiency and accuracy.

Scalability and automated processes:

The platform enables fast and confident decisions at scale with highly governed analytics.
It reduces costs and increases efficiencies by automating every step of analytics, including data preparation, blending, reporting and data visualization.

Frequently Asked Questions (FAQs)

It minimizes manual errors and accelerates compliance through automated documentation. The platform continuously monitors shipments against customs regulations while tracking supply chain performance in real time. Additionally, it seamlessly integrates with ERP and supply chain systems to create a unified data ecosystem and proactively identifies compliance and supply chain risks before they escalate, enabling businesses to operate efficiently.
The benefits include improved accuracy in documentation, reduced compliance risks, and enhanced visibility into trade operations. The platform automates the tracking of legislation changes on a timely basis. Additionally, it streamlines communication between stakeholders, reduces manual workload, and provides analytics for better decision-making. Overall, trade compliance platforms lead to cost savings and increased operational efficiency.
When selecting global trade software, consider features such as automated customs documentation, real-time tracking, compliance checks, and integration capabilities with existing systems. User-friendly interfaces, robust reporting and analytics tools, and support for multiple languages and currencies are also essential. Additionally, ensure the software provides alerts for legislation changes and offers comprehensive support and training to facilitate smooth implementation and ongoing use.
Key challenges in global trade compliance include navigating complex regulations, managing documentation, and timely updates on changing laws. These challenges can lead to delays, penalties, and increased operational costs. Automation of trade compliance helps by streamlining documentation processes, improving data accuracy, and providing real-time compliance checks. This allows businesses to focus on decision-making, reduce human error, and enhance their ability to adapt to legislative changes efficiently.

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