SAP Global Trade Services (GTS) is part of the governance, risk, compliance (GRC), and cybersecurity solution. The overall objective of this solution is to reduce risks that may result from violations of statutory provisions and corporate rules in day-to-day business. In fact, there are quite a few such risks in international trade, with some serious consequences.
SAP GTS technically encapsulates international trade from the logistics and accounting system processes. When you implement SAP GTS, you store international trade in a specialized system. As the product name suggests, this specialized system assumes the role of a service provider. From this service provider’s perspective, SAP ECC and SAP S/4HANA are feeder systems, that is, systems in which various business processes are controlled. An SAP EWM or an SAP TM system, or ERP systems from other software providers can also assume the role of feeder systems. An SAP GTS system can be the service provider of several feeder systems.
The feeder system is relieved of all international trade activities, but it has to provide SAP GTS with all the master data and process data required to carry out these activities. For example, for sanctioned party list screening, SAP GTS relies on the addresses of the business partners that it receives from the feeder system.
SAP GTS serves as a central gateway to the outside world in international trade. All the data required for international trade transactions are available in SAP GTS. Communication with authorities and customs agents is thus the sole responsibility of SAP GTS.