Managing treaty and trade restrictions for cross-border commerce

Chennai: Avalara has announced new capabilities being added to its cross-border solution: Trade Treaty Support and Trade Restrictions Management.

These new features enable businesses to take advantage of preferred treaty rates in their landed cost calculations and to avoid selling items to countries where there are restrictions with customs regulations.

“As more commerce takes place online, ecommerce is enabling sellers of any size to reach customers internationally,” said Kevin Permenter, research manager, IDC.

“When it comes to cross-border commerce, tools that enable retailers to easily account for applicable treaties and trade restrictions can save money and minimise shipping disruptions.”

 

NT Bureau