What is Global Trade Management Software ?

Global Trade Management (GTM) software is a category of software solutions designed to streamline and automate various aspects of international trade and supply chain management. GTM software enables businesses to manage their global trade operations more efficiently by automating tasks such as import/export compliance, trade documentation, supply chain visibility, customs clearance, and trade finance.

With the increasing complexity of global trade regulations and the growing importance of international trade, GTM software has become an essential tool for companies of all sizes that conduct business internationally. The software can help companies reduce the risk of non-compliance with import/export regulations, improve visibility into their supply chain, accelerate the processing of customs documentation, and optimize their trade finance operations.

GTM software solutions typically include a variety of features and modules that support different aspects of global trade management. Some of the common features include trade compliance management, shipment tracking and visibility, tariff management, free trade agreement management, customs management, and landed cost calculation.

In addition to automating and streamlining various trade-related processes, GTM software also provides businesses with real-time analytics and reporting capabilities. This enables businesses to gain deeper insights into their trade operations and make data-driven decisions that can help them optimize their supply chain and improve their bottom line.

Overall, Global Trade Management software is an essential tool for businesses that conduct international trade and want to manage their supply chain more effectively, improve compliance, and reduce costs.