SAP GTS Vs. SAP S/4HANA International Trade ManagementWhat’s the difference?
|SAP ITM||SAP GTS|
|Product Classification||(more comprehensive)|
|International Trade Compliance (Export/Import Control)|
|Sanctioned Party List||If integrated with SAP Watch List Screening|
|Customs Filing – Import/Export|
|Trade Processing (CN)|
SAP GTS offers a comprehensive set of global trade services, most of which are not yet available on SAP S/4HANA International Trade Management. The areas that SAP S/4HANA International Trade Management supports as of S/4HANA 1909 FPS00 release include Intrastat, International Trade Classification, International Trade Compliance, and integration with SAP Watch List Screening and SAP GTS for added capabilities. SAP S/4HANA International Trade Management, however, is continuously being optimized to offer more capabilities.
Simplify Foreign Trade
Using SAP S/4HANA International Trade Management
International Trade Classification
Optimize product classification with Intrastat service codes, commodity codes, and Customs Tariff Numbers. Enable product classification with control classes and control groupings for legal control. Allow for management of classification data from external data providers.
International Trade Compliance
Enhance control of statutory regulations for import and export. Efficiently manage countries/regions under embargo. Simplify the management of licenses in accordance with legal control for import (purchase orders and stock transfer orders) and export (sales orders and deliveries). Automate the management and release of blocked legal control documents for more streamlined trade compliance.
Optimize the management of Intrastat declarations and their master data.
Integrate SAP S/4HANA International Trade Management with SAP GTS to take advantage of GTS functionalities in your processes. By integrating it with the SAP Watch List Screening application, you can automate the screening of names and addresses for sales orders, outbound deliveries, purchase orders, and purchasing contracts, allowing you to remove unnecessary friction.