Foreign-Trade Zone

Your organization should establish and manage foreign-trade zones and bonded warehousing operations to:

Reduce or eliminate duties on manufactured goods
Reduce Merchandise Processing and other import fees
Eliminate duties on waste, scrap and production yield loss

Various FTZ systems - Independent systems are costly and less likely to effectively integrate with each other, leading to unnecessary duplication and increased risk for errors
Time consuming administration - Your organization can be burdened with the meticulous record-keeping required for products entering and exiting zones
Manual efforts - Without the right software developed by industry experts, the administrative hours required are excessive and cut into margins

Capabilities

FTZ compliance

Accelerate the process for establishing an FTZ as well as ensure your company’s compliance with documentation and reporting requirements.

Inventory control and recordkeeping

QAD’s solution properly tracks, by value and quantity, and prepares weekly estimates for you by Harmonized Tariff Schedule of the United States (HTSUS).

eFiling

You can create all necessary reports and electronic files for filing with Customs such as 3461/7501, e214, ISF ACE and others.

Auditing and reporting

A permanent audit trail allows you to easily prepare for any CBP review or audit. You can simply drag and drop supporting documents such as BOL, invoices, in-bond documents and others from emails, or upload from the network or local computer.

QAD Foreign-Trade Zone was developed in collaboration with senior consultants and FTZ operational practitioners to create a user-friendly and configurable FTZ Inventory Control and Recordkeeping System (ICRS). QAD FTZ ensures compliance with FTZ regulations while lowering FTZ administration costs.

Industry leading Inventory Control and Record keeping
FTZ documentation and electronic submissions
Notifications, Alerts and Audit Trails
Advanced built-in reporting
Powerful, easy to use custom reporting tools
Flexible integration tools
HTSUS update management
Secure granular permissions to support FTZ Operators managing multiple importers of record

Maintaining and ensuring Foreign-Trade Zone compliance requires access to the right information, training, and tools. The most important tool in FTZ compliance is the Foreign-Trade Zone Inventory Control and Recordkeeping System (ICRS).

QAD FTZ properly tracks and prepares weekly estimates by Harmonized Tariff Schedule of the United States (HTSUS). The solution compliantly tracks by value and quantity. QAD FTZ ensures the FTZ Operator never exceeds its weekly entry estimate. Pre-set thresholds can be established in QAD FTZ’s notification system to ensure that your company is notified well in advance of shipments exceeding weekly entry estimates.

QAD FTZ removes significant administrative burdens and boosts FTZ program efficiency. The solution processes all receipts, adjustments, and shipments from the Zone in a manner that satisfies CBP and FTZ Board requirements.

It includes a number of easy-to-use dashboards for FTZ administration. Dashboard views let the user know at a glance:

Status of weekly entry estimate
Notifications and reminders
Upcoming CBP due dates
Many more notifications and pertinent information that keeps the FTZ administrator informed

QAD FTZ prints all required reports and forms necessary to administer a Foreign-Trade Zone, including:

Individual and weekly entry (CBPF 3461 and CBPF 7501)
Annual CBP reconciliation
FTZ Board Report
Quarterly Harbor Maintenance Fee Report
CBPF 7512 (in-bond documentation)

In addition, it offers easily customizable reports. A user may customize a report by simply picking fields or using a simple query system.

QAD FTZ also enables electronic submission of important documentation, including:

E-214 submissions
QP/WP (electronic in-bond transactions)
ISF submissions
Lacey Act APHIS submissions

QAD FTZ notifies your organization of expiring and changing HTSUS numbers. It also identifies each item affected within HTSUS and notifies users of any new HTSUS codes that need to be added to the Weekly Estimate.

QAD FTZ has a robust notification and alert system. There are numerous preset alerts to ensure the user stays compliant with required reports, processing and deadlines. In addition, custom alerts can be created that send emails, texts, or even reports to the QAD FTZ customer. The alerts and notifications can be sent to users, managers and others that wish to stay informed on Zone activity and compliance.

In addition to HTSUS updates, QAD FTZ provides updated data such as:

Foreign Port Codes
US Port Codes
Country Codes
Currency Conversion Rates
MID Search and Verification
CBP messages Cargo Systems Messaging Service (CSMS)
Special Program and Free Trade Agreement Information
AD/CVD information
Participating Government Agency Flags such as FDA

The solution includes a calendar and reminder system that automatically updates to ensure the user does not miss CBP or FTZ Board deadlines or submission dates.

QAD FTZ automatically provides data backup and stores all data without user intervention.

Better manage supply chain costs, ensure compliance with strict FTZ regulations and minimize your administrative workload with QAD Foreign-Trade Zone software.