Compliance Solutions

NAFTA and Other Trade Agreements

NAFTA and other Free/Preferential Trade Agreements

Using NAFTA and other FTAs is a smart business strategy

Lowering or eliminating your customs duties and import fees is a smart business strategy, particularly in this tough economic climate. So too is minimizing your foreign customers import duties on your products.
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Expert Technologies to ensure cost-effective NAFTA compliance

Visual Compliance powerful, comprehensive web-based NAFTA solutions enable and enhance the execution and management of your NAFTA processes, including supplier solicitations, to dramatically improve compliance, minimize resources, and increase profit margins. And because it's an online system, it's straightforward to implement and you'll always have the latest regulatory changes and trade content. more +

It's Essential to Control your Free Trade Participation Costs

As with most benefits, there are costs to participating in free trade programs like NAFTA. Costs in the form of human resources (yours or a consultants) to execute and manage the grueling workload, coordination, and integration involved. As well as undertaking the due diligence processes necessary to comply with the complex legal requirements. more +

Penalties for Non-Compliance undermine NAFTA Benefits

Manually creating, updating, storing, and searching for NAFTA certificates, as well as maintaining a constantly changing, complex Bill of Materials, is time consuming and error prone. So, too, is ensuring the certificates you accept can withstand government scrutiny, and are applied consistently and appropriately, otherwise your company is at risk for substantive retroactive duties and expensive penalties, and your management is at risk for contravening Sarbanes-Oxley (SOX). more +

As enabling agents, expert, streamlining automation technologies help companies cost-effectively enjoy the bottom line rewards by making it easier to fully realize all the benefits, overcome serious resource challenges, improve and integrate processes, manage compliance obligations, and mitigate compliance risk.

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