--- title: Do You Make These Global Trade Service Mistakes?[Self-Audit Checklist] description: Facilitate your Global Trade using SAP GRC GTS solutions. Follow these Best Practices to ensure you are both compliant and profitable. image: https://www.sapbwconsulting.com/hs-fs/file-16562536-png/images/grc_framework.png --- ![Global Trade Service Mistakes](https://www.sapbwconsulting.com/hs-fs/file-16562536-png/images/grc_framework.png) # Do You Make These Global Trade Service Mistakes?[Self-Audit Checklist] Table of Contents ## SAP Global Trade Compliance Audit Checklist SAP has a powerful [Global Risk & Compliance (known simply as GRC) module](https://www.sapbwconsulting.com/sap-partnership-advisory-services) to support virtually all Global Trade Services (SAP GTS) [processes](https://www.sapbwconsulting.com/hubspot-integrations-sales-sap-chat).  Given the ever growing level of [global trade](https://www.sapbwconsulting.com/blog/what-is-the-tco-of-that-shinny-new-system-youre-about-to-buy), you need to avoid the following [mistakes](https://www.sapbwconsulting.com/sap-sem-cpm-risk-register-design-template) to ensure [success](https://www.sapbwconsulting.com/blog/inbound-marketing/are-you-ready-to-think-grow-rich-mindmap) with your [global ventures](https://www.sapbwconsulting.com/blog/inbound-marketing/4-ways-to-bring-digital-innovation-to-your-company): ![SAP GRC Solution](https://www.sapbwconsulting.com/hs-fs/file-16562536-png/images/grc_framework.png?width=533&height=322&name=grc_framework.png)       1. Not actively [**screening transactions**](https://www.sapbwconsulting.com/blog/inbound-marketing/does-pci-dss-compliance-affect-you) and new/modified [partner data](https://www.sapbwconsulting.com/request-sap-bw-naming-conventions-review) against lists of sanctioned parties and embargoed countries. 2. Not actively screening transactions to **ensure licensing requirements** are satisfied. 3. Failing to systematically generate paperwork that **aligns** to customer, product, and country standards in order to [reduce manual errors and omissions](https://www.sapbwconsulting.com/consulting-rate-calculator-whats-your-rate). 4. Not **electronically submitting export [reports](https://www.sapbwconsulting.com/blog/business-reporting-requirements)** to government regimes and applicable agencies, thus reducing errors and liabilities caused when using [3rd parties](https://www.sapbwconsulting.com/blog/sap-grants-management). 5. Are you actively maintaining and updating **certificates of origin** provided by vendors for sourced materials? 6. Performing **FTA calculations** without appropriate supporting proof of country of origin. 7. Not **screening imports for compliance and correctness**, prior to sending information to broker. 8. Not [providing the ability](https://www.sapbwconsulting.com/blog/12-risk-management-considerations-to-measure-wricef-a) to **cross-reference purchase orders to imports**, and to reconcile goods receipts. 9. Not yet establishing a **global [master data](https://www.sapbwconsulting.com/develop-a-data-governance-framework) infrastructure** that stores all trade related attributes of materials and [partners](https://www.sapbwconsulting.com/blog/inbound-marketing/how-to-nail-sap-partnership-management). 10. **Not reducing errors by [systematically](https://www.sapbwconsulting.com/blog/inbound-marketing/10-shortcuts-to-mastering-multi-channel-marketing)**[ generating paperwork](https://www.sapbwconsulting.com/blog/inbound-marketing/10-shortcuts-to-mastering-multi-channel-marketing) (when needed) that [aligns to customer, product, and country standards](https://www.sapbwconsulting.com/amazon-consulting-amazon-ads-management-e-commerce), [reducing manual errors](https://www.sapbwconsulting.com/total-cost-of-ownership-tco) and omissions. 11. Not [reducing cost and](https://www.sapbwconsulting.com/blog/inbound-marketing/how-important-is-data-governance-to-internet-marketing) errors by providing [quality data](https://www.sapbwconsulting.com/blog/data-quality-best-practices-for-effective-sap-bw-reporting) in the **right filing formats**, even if you are using 3rd parties. 12. Not Automating the [**tracking of compliance**](https://www.sapbwconsulting.com/blog/10-things-you-need-to-know-about-sap-s-hrms) on the **project/BOM level. ** 13. **Not [Automating trade processes](https://www.sapbwconsulting.com/blog/do-you-make-these-global-trade-service-process-control-mistakes)** through the use of [technical interfaces](https://www.sapbwconsulting.com/blog/how-to-understand-sap-supply-chain-management-and-bw) with other systems (internal), [partner](https://www.sapbwconsulting.com/blog/sap-support-companies) / vendor systems and government/customs agencies.   ## Trade Finance and Process Audit   All of these audit questions could just as well be interpreted as [steps you need to take](https://www.sapbwconsulting.com/blog/learn-what-makes-sap-dfps-solution-different) during a trade finance and process audit, and we recommend you do so.    ## Self-Audit Checklist of Global Trade Rules   If you need to ensure compliance with the ever changing Global Trade rules, we have also created a checklist that you can use to conduct your own [self-audit](https://www.sapbwconsulting.com/blog/how-to-determine-your-fully-loaded-cost-rate) or as a basis for having someone conduct the audit for you.      [![Get My Global Trade Services Self Audit Checklist!](https://no-cache.hubspot.com/cta/default/118735/b3b28d53-8628-4ee1-8916-b2cfaf6ecab2.png)](https://cta-redirect.hubspot.com/cta/redirect/118735/b3b28d53-8628-4ee1-8916-b2cfaf6ecab2)    Topics from this blog: [SAP BW Consulting](https://www.sapbwconsulting.com/blog/topic/sap-bw-consulting) [INDUSTRY SOLUTIONS](https://www.sapbwconsulting.com/blog/topic/industry-solutions) [Best Practices](https://www.sapbwconsulting.com/blog/topic/best-practices) [GRC](https://www.sapbwconsulting.com/blog/topic/grc) [Classification](https://www.sapbwconsulting.com/blog/topic/classification) [GTS](https://www.sapbwconsulting.com/blog/topic/gts) ### Download SAP BW Mindmap Learn what SAP Business Warehouse is and what it does in under five minutes [![Get this Mindmap](https://no-cache.hubspot.com/cta/default/118735/8db2ad37-8211-47a3-86ae-09b6b2bb297b.png)](https://cta-redirect.hubspot.com/cta/redirect/118735/8db2ad37-8211-47a3-86ae-09b6b2bb297b) [mailto:someone@yoursite.com](mailto:someone@yoursite.com) ### Lonnie D. Ayers, PMP About the Author: Lonnie Ayers is a Hubspot Certified Inbound Marketing consultant, with additional certifications in Hubspot Content Optimization, Hubspot Contextual Marketing, and is a Hubspot Certified Partner. Specialized in demand generation and sales execution, especially in the SAP, Oracle and Microsoft Partner space, he has unique insight into the tough challenges Service Providers face with generating leads and closing sales using the latest digital tools. With 15 years of SAP Program Management experience, and dozens of complex sales engagements under his belt, he helps partners develop and communicate their unique sales proposition. Frequently sought as a public speaker in various events, he is available for both inhouse engagements and ** remote coaching. ** ![Balanced Scorecard Consultant](https://www.sapbwconsulting.com/hubfs/social-suggested-images/Balanced%20Scorecard%20Certified%20Graduate.jpg) He also recently released a book **"How to Dominate Any Market - Turbocharging Your Digital Marketing and Sales Results",** which is available on [ Amazon.](https://www.amazon.com/Dominate-Turbocharging-Digital-Marketing-Results/dp/1728357950/ref=sr_1_1?dchild=1&qid=1589182458&refinements=p_27%3ALonnie+D.+Ayers&s=books&sr=1-1&text=Lonnie+D.+Ayers)**** [View All Articles by Lonnie D. Ayers, PMP](https://www.sapbwconsulting.com/blog/author/lonnie-d-ayers-pmp) ## The SAP Blog Subscribe to our blog and receive SAP BW Updates, demand generation, inbound marketing, sales enablement, technology and revenue generation insights and ideas delivered right to your email. [mailto:someone@yoursite.com](mailto:someone@yoursite.com) ![SAP](https://googleads.g.doubleclick.net/pagead/viewthroughconversion/960101754/?value=0&guid=ON&script=0) ![](https://www.facebook.com/tr?id=199270410761059&ev=PageView&noscript=1) ```json { "@context" : "https://schema.org", "@id" : "https://www.sapbwconsulting.com/blog/do-you-make-these-global-trade-service-mistakes#blogposting", "@type" : "BlogPosting", "about" : [ { "@type" : "Thing", "name" : "Global Trade", "sameAs" : "https://en.wikipedia.org/wiki/International_trade" }, { "@type" : "Organization", "name" : "SAP", "sameAs" : "https://en.wikipedia.org/wiki/SAP_AG" }, { "@type" : "Thing", "name" : "GRC GTS", "sameAs" : "https://en.wikipedia.org/wiki/Governance,_risk_management,_and_compliance" }, { "@type" : "Thing", "name" : "Practices", "sameAs" : "https://en.wikipedia.org/wiki/Best_practice" }, { "@type" : "Thing", "name" : "profitable", "sameAs" : "https://en.wikipedia.org/wiki/Profit_(accounting)" }, { "@type" : "Thing", "name" : "trade", "sameAs" : "https://en.wikipedia.org/wiki/Trade" } ], "author" : { "@id" : "https://www.sapbwconsulting.com/about-lonnie-ayers#person" }, "dateModified" : "2024-09-28", "datePublished" : "2024-09-28", "description" : "A checklist-style guide to common global trade service mistakes and how to avoid them.", "headline" : "Do You Make These Global Trade Service Mistakes?", "inLanguage" : "en", "mainEntityOfPage" : { "@id" : "https://www.sapbwconsulting.com/blog/do-you-make-these-global-trade-service-mistakes#webpage" }, "mentions" : [ { "@type" : "Thing", "name" : "Checklist", "sameAs" : "https://en.wikipedia.org/wiki/Checklist" }, { "@type" : "Thing", "name" : "Audit", "sameAs" : "https://en.wikipedia.org/wiki/Audit" }, { "@type" : "Thing", "name" : "partner", "sameAs" : "https://en.wikipedia.org/wiki/Partnership" }, { "@type" : "Thing", "name" : "data", "sameAs" : "https://en.wikipedia.org/wiki/Data" }, { "@type" : "Thing", "name" : "parties", "sameAs" : "https://en.wikipedia.org/wiki/Party" }, { "@type" : "Thing", "name" : "Failing", "sameAs" : "https://en.wikipedia.org/wiki/Failure" }, { "@type" : "Thing", "name" : "paperwork", "sameAs" : "https://en.wikipedia.org/wiki/Document" } ], "name" : "Do You Make These Global Trade Service Mistakes?", "potentialAction" : { "@type" : "ViewAction", "name" : "Get My Global Trade Services Self Audit Checklist", "target" : { "@type" : "EntryPoint", "actionPlatform" : [ "http://schema.org/DesktopWebPlatform", "http://schema.org/MobileWebPlatform" ], "inLanguage" : "en", "urlTemplate" : "https://www.sapbwconsulting.com/sap-gts-global-trade-compliance-self-audit-checklist-" } }, "publisher" : { "@id" : "https://www.sapbwconsulting.com#organization" }, "url" : "https://www.sapbwconsulting.com/blog/do-you-make-these-global-trade-service-mistakes" } ``` ```json { "@context" : "https://schema.org", "@id" : "https://www.sapbwconsulting.com#website", "@type" : "WebSite", "name" : "SAP BW Consulting, Inc.", "publisher" : { "@id" : "https://www.sapbwconsulting.com#organization" }, "url" : "https://www.sapbwconsulting.com" } ``` ```json { "@context" : "https://schema.org", "@id" : "https://www.sapbwconsulting.com#organization", "@type" : "Organization", "logo" : { "@id" : "https://www.sapbwconsulting.com#logo" }, "name" : "SAP BW Consulting, Inc.", "sameAs" : [ "https://www.linkedin.com/company/543163/admin/", "https://www.youtube.com/user/SAPBWConsulting/", "https://twitter.com/Lonniea39", "https://www.facebook.com/SAPBWConsulting" ], "url" : "https://www.sapbwconsulting.com" } ``` ```json { "@context" : "https://schema.org", "@id" : "https://www.sapbwconsulting.com#logo", "@type" : "ImageObject", "caption" : "SAP BW Consulting, Inc. logo", "url" : "https://www.sapbwconsulting.com/hubfs/sapbwconsulting_logo.png" } ``` ```json { "@context" : "https://schema.org", "@id" : "https://www.sapbwconsulting.com/about-lonnie-ayers#person", "@type" : "Person", "name" : "Lonnie D. 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