QAD Precision FTZ
Simplify Foreign-Trade Zone (FTZ) management and reduce duties, fees and taxes.
Overview
QAD Precision FTZ is a comprehensive software solution for managing Foreign-Trade Zone operations. While its primary focus is on FTZs, this inherently involves managing the criteria that allow for duty deferral, reduction, and elimination, which aligns with the goals of FTA management. The software automates inventory control, customs reporting (e.g., e214 admissions), and compliance with Customs and Border Protection (CBP) regulations. This enables companies to leverage the financial and logistical benefits of operating within an FTZ, which often complements an overall FTA strategy.
✨ Key Features
- Automated FTZ admissions (e214)
- Inventory control and reconciliation
- Automated customs reporting
- Withdrawal processing
- Scrap, waste, and destruction tracking
- Audit trail and compliance management
🎯 Key Differentiators
- Deep expertise in both global trade and multi-carrier transportation execution.
- Tight integration with the QAD ERP suite for manufacturing companies.
- Global deployment capabilities with local compliance support.
Unique Value: Provides a specialized, robust solution for managing the complexities of Foreign-Trade Zones, which is a critical component of a comprehensive duty minimization strategy alongside FTAs.
🎯 Use Cases (4)
✅ Best For
- Reducing duty, fee, and tax expenditure for importers.
- Improving supply chain efficiency by streamlining customs processes.
- Maintaining a compliant audit trail for all FTZ transactions.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies that do not operate or plan to operate a Foreign-Trade Zone.
🏆 Alternatives
Offers a more focused and in-depth FTZ management solution compared to broader GTM suites that may only offer basic FTZ capabilities.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Available tier)
🔒 Compliance & Security
💰 Pricing
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