About ONESOURCE Free Trade Agreement Management
A software solution for global trade management that helps businesses identify opportunities to qualify goods under Free Trade Agreements (FTAs). It aims to reduce duties and simplify the qualification process with less manual effort.
ONESOURCE Free Trade Agreement Management is a component of Thomson Reuters' ONESOURCE Global Trade suite. This software is designed for corporate tax and trade professionals to navigate the complexities of international trade. Its primary function is to identify opportunities for goods to qualify under various Free Trade Agreements (FTAs), thereby reducing duties and simplifying compliance. The system automates the qualification process, minimizing manual effort and potential errors. It is a cloud-based solution, supported by Thomson Reuters' extensive global trade content. While the website does not provide specific pricing details, it emphasizes reducing costs through duty savings. The platform is aimed at corporations managing cross-border trade and seeking to optimize their supply chain and ensure compliance with international regulations.
Pros & Cons
- Helps reduce duties by identifying and qualifying goods for Free Trade Agreements.
- Simplifies and automates the complex FTA qualification process.
- Integrates with a broader suite of global trade management tools from ONESOURCE.
- Powered by Thomson Reuters' extensive and updated global trade content.
- Includes automated denied-party screening to minimize sanctions risk.
- Pricing is not publicly available and requires contacting sales.
- The software is part of a larger, potentially complex enterprise suite which may be more than a small business needs.
- No free trial or free tier is mentioned on the website.
Features
Key features
Identifies opportunities to qualify goods under specific Free Trade Agreement rules of origin.
Helps businesses reduce duties by leveraging applicable trade agreements.
Simplifies the process of free-trade-agreement qualifications with reduced manual effort.
Powered by trusted content with rapid updates and broad coverage for global trade compliance.
Manages export compliance, screening, clearance, and documentation within a single workflow.
Additional features
Automates screening against over 750 global lists to minimize sanctions risk.
Uses AI for Harmonized System (HS) code classification for import and export.
Assesses and identifies risks with customizable software that delivers calculated scores and adverse flags.
Employs machine-learning technology to detect complex fraud schemes, providing risk scoring and insights.
Pricing
Countries & Languages
Interface languages
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About ONESOURCE Free Trade Agreement Management
A software solution for global trade management that helps businesses identify opportunities to qualify goods under Free Trade Agreements (FTAs). It aims to reduce duties and simplify the qualification process with less manual effort.
ONESOURCE Free Trade Agreement Management Details
ONESOURCE Free Trade Agreement Management's In-App Market Place
Does ONESOURCE Free Trade Agreement Management have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
Pros & Cons
- Helps reduce duties by identifying and qualifying goods for Free Trade Agreements.
- Simplifies and automates the complex FTA qualification process.
- Integrates with a broader suite of global trade management tools from ONESOURCE.
- Powered by Thomson Reuters' extensive and updated global trade content.
- Includes automated denied-party screening to minimize sanctions risk.
- Pricing is not publicly available and requires contacting sales.
- The software is part of a larger, potentially complex enterprise suite which may be more than a small business needs.
- No free trial or free tier is mentioned on the website.
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