Free Trade Agreement (FTA)

Automatically determine if your  product is eligible for FTA duty-free entry to:

  • Lower or eliminate your tariffs
  • Simplify the creation of all required FTA documentation
  • Enhance FTA filing efficiency with automation
  • Eliminate origin determination errors

Key Challenges

  • Rules of Origin complexity - Relying on manual efforts to qualify goods slows down the process and can result in your organization avoiding FTAs all together

  • Obtaining vendor documentation - Soliciting documentation from partners to meet regulatory requirements can overwhelm your trade professionals

  • Lack of expertise - Knowledge shortcomings result in overlooking eligible FTAs to lower your company’s total landed costs

Capabilities

  • Data and compliance integrity
  • QAD’s solution determines eligibility in fractions of a second and performs integrity checks to identify missing and invalid origins determination data for transactions. A predefined list of checks is provided, including harmonized tariff schedule numbers, country of origin and others.
  • Inbound certificate of origin
  • Certificates of Origin expire over time. Your organization can maintain accurate and valid certificates of origin for sourced materials at all times.

  • Compliance console
  • You are provided information on the FTA origin determination carried out for a transaction. The console identifies the compliance checks that were performed and the outcome.
  • Auditing and reporting
  • An audit trail of the origin determination provides your organization a permanent audit trail. A number of reports and filter mechanisms are available for audit analysis and proof of FTA origin.

Further Information

Free Trade Agreements: Increase Your Bottom Line with FTA Compliance

FTA Origin vs Country of Origin

Removing the Burden of FTA Compliance

3 Minute Explainer: Free Trade Agreement Compliance

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