Integration Point Free Trade Agreement Management is a web-based solution that not only provides organizations with the ability to reduce or eliminate duties, but also to increase trade and lower landed costs.
Managing product qualifications against one free trade agreement can be a tricky process. Add multiple Bills of Material (BOMs) that need to be analyzed against various free trade agreements, and you have an extremely
time-intensive and paper-laden process. This causes organizations to miss potential savings opportunities due to misclassification of products, incomplete documentation or just not having the time to qualify every product against all applicable trade agreements.
Don't let these common challenges keep your organization from maximizing the benefits offered by free trade agreements. Instead utilize software for NAFTA compliance, or any trade agreement compliance (CAFTA-DR,
EU-MED, Mexico-Japan, etc.), offered by Integration Point.
Integration Point Free Trade Agreement Software provides organizations with the ability to meet free trade agreement compliance rules around the world by allowing users to:
- Analyze multiple Bills of Material automatically
- Qualify Bills of Material against various free trade agreements (FTAs) bilateral trade agreements, regional trade agreements (RTAs) and other preferential trade agreements such as the US Generalized System of Preference (GSP)
- Automate the supplier solicitation and origin calculation process
- Pinpoint aspects of the Bill of Material where products could qualify based on updated rules
- Generate certificates using supplier/customer information entered into system
- Verify completion of supplier certificates
- Retain documentation required for free trade agreement qualifications
- Track all communications and documents used during product qualification
- Create a centralized product database using Integration Point Global Classification
- Access up-to-date trade agreement rules by integrating with Integration Point Global Trade Content
Utilizing the extensive Integration Point Global Trade Content database of trade agreement rules, Free Trade Agreement Management is capable of analyzing any bi- or multi-lateral agreement, including:
- NAFTA
- US - Jordan
- US - Australia
- CAFTA - DR
- EU - Mexico
- Japan - Mexico
- EURO - MED
- EU - EWR
- Thailand - Australia
The graphic below depicts how Integration Point Free Trade Agreement Management assists organizations with trade agreement compliance.
Importers use Integration Point Free Trade Agreement Software to verify trade agreement applicability and to ensure that all product eligibility is verified against the most current free trade agreement, preferential agreement and preference program rules.
Make sure you are in compliance with NAFTA, CAFTA, EURO-MED, Australia-Thailand, CARICOM, or any of the trade agreements currently in force around the world using Integration Point FTA Software.
For more information on Integration Point Free Trade Agreement Management, please fill out the form above or send us an email.
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