• Do you have processes in place to keep track of international free trade agreements, preference programs and/or preferential agreements?


• Is your company fully benefiting from available free trade agreements (FTA)?


• Are you spending too much time qualifying products and soliciting certificates of origins?

Without an automated system in place to manage updated FTA rules of origin, reference HS numbers and their applicable rules, an importer must research each product classification number and qualification status by hand. Importers must also obtain product information and certificates of origin from suppliers — a very time-consuming and daunting task when done manually. But to determine if products qualify for a free trade agreement (FTA), obtaining this information and performing the necessary validations is a requirement.

Using a web-based solution such as Integration Point® Free Trade Agreement management, importers significantly reduce the time needed to qualify goods for a free trade agreement by automating the most resource intensive steps in managing any free trade agreement - supplier solicitation and Bill of Material (BOM) analysis.

Supplier solicitation campaigns are automated in Free Trade Agreement Management allowing for email requests to be sent directly from the application to suppliers documenting the product information, and then produces the certificates of origins. Certificates are then entered into the system by the supplier providing greater visibility into which suppliers have responded and what information has been provided.

Products that do not meet the minimum requirements set forth in an FTA are not eligible for savings opportunities or preferential treatment. Performing the necessary calculations to determine product eligibility for any global FTA is completed within Integration Point Free Trade Agreement Management during a BOM analysis. Once this validation of the products is finalized, the BOM is noted as passing or failing the associated FTA(s).

Organizations using Integration Point Free Trade Agreement Management, are able to:

• Manage multiple free trade agreement programs in one integrated system
• Automate and manage supplier solicitation from initial request to certificate receipt
• Provide the ability for suppliers to create certificates from within the system
• Qualify Bills of Materials (BOMs) against multiple free trade agreements
• Generate accurate customer certificates once product eligibility is met
• Mange documentation in a central location for qualification and auditing purposes
• Access up-to-date free trade agreement rules of origin
• Minimize costs and increase savings opportunities by reducing or eliminating duties

For companies that wish to validate product classification and ensure their products are correctly qualifying for international free trade agreements, Integration Point Free Trade Agreement Management integrates with Integration Point Global Classification. Global Classification enables companies to store, manage and track all classification data in one central repository. By implementing Integration Point Global Classification along with Integration Point Free Trade Agreement and Global Trade Content, companies receive up-to-date classification data, tariff preferences, and current FTA rules in one web-based platform without the pain of manually searching or qualifying products, which could otherwise result in a loss of savings.

For more information on how Integration Point Free Trade Agreement Management can assist your company in qualifying for global FTAs and increase your organization's savings, please complete our online form or send us an email.