For Foreign Trade Management
Smart Manage Your Export & Import Business – The Complete Solution
Our customers are able to achieve faster and more efficient documentation and
compliance with the help of OptiSuite
The solution has been developed in IVL’s registered namespace and can therefore be installed and configured without any adverse impact on SAP and other custom-objects in the client’s SAP landscape. There is no need of additional server or hardware for installing OptiExim. It can be installed in the same instance where SAP is live (on-premise or cloud as the case may be). Specific OptiExim enhancements, if any needed, would be safeguarded from future support packs/ upgrade of OptiExim.
Overview
This solution provides digitalized documentation with alert notifications and analytics to help the corporates to take real-time business critical decisions.
IVL has more than two decades of experience in designing SAP Certified Add-ons (Opti range of products). OptiExim handles the scenarios based on current Foreign Trade policy/ regulations. The solution architecture uses native SAP transactions, SAP Enterprise portal & SAPUI5/Fiori applications. OptiExim can be easily integrated with external applications, government portals using APIs
OptiExim enables you to:-
Major Challenges faced by your business
Competitive advantages of OptiExim
SAP Certified Product
This solution have been tested and validated by SAP
Accelerating Documentation Processing
Helps in reducing the cycle time for documentation processing
Maximizing Export Capacity
The ability to effectively manage and handle large volumes of exports
Track and avail export incentives
A tracking mechanism that helps businesses monitor and access export incentives
Bank integration through API
Digital readiness (through APIs) for Bank integration related to International payment methods
Track & Monitor
Users can Track and monitor exports and import bills
Enhance customer experience
Improve the experience for customers
Introducing a revolutionary way to transact with Trade APIs
OptiSuite 10x is
certified for deployment on
SAP S/4HANA 2020
A comprehensive Add-on Solution for SAP for meeting various statutory needs in Indirect Taxation, International Trade, Invoicing and more for Indian Enterprises.
Features
Imports
- Connector.
Document Set Generation
Pre-Shipment & Post-Shipment Docs
e BRC
- Connector.
Export Obligation of Benefit Schemes
Advance Authorization and EPCG
- Connector.
Trade Finance
Letter of Credit
Advance Payment - e FIRC
Reconciliation of LC with Sales Order
Letter of Credit utilisation
Amendment tracking
Tracking of LC discrepancy charges - Connector.
Post Export Incentive
Duty Drawback – AIR
RoDTEP
IGST Refund Tracking
RoSCTL - Connector.
Container Tracking for Factory stuffing
- Connector.
MIS Reports
- Connector.
Mail Alerts
Integration with SAP ERP and Facility for
Exports
- Connector.
Scheme Management as per Foreign Trade Policy 2015-2020
Advance Authorization, EPCG & MEIS – Application related to DGFT
Imports under restricted category - Connector.
Trade Finance
Letter of Credit
Advance payment
DA/DP payment
Open account payment
A1 & A2 remittances
Imports bill retirements
Bank Guarantee - Connector.
Vendor Documents
Vendor Document Set
Clearing Instruction
Bill of Entry
IGCR
License utilization
Bond Management - Connector.
MIS Reports
Functional Scope
Exports
- Statutory Document Set Generation for Origin and Destination Country Customs Clearance
- Trade Finance (Letter of Credit, DA, DP, Advance Payment)
- Duty Drawback- All Industry Rate
- CHA Charges Tracking
Imports
- Benefit Schemes (Advance Authorization, EPCG & MEIS) Governed Under India’s Foreign Trade Policy
- Trade Finance (Letter of Credit, DA/DP, Advance Payment, Bank Guarantee)
- Vendor Document Set capture & Clearing Instruction
- Bill of Entry Capture
- Bond
Value Added Services
- IceGate filing
- SAP Enterprise Portal and SAPUI5 / Fiori Applications (Access Over Mobile, Web browser)
- Document Upload in DMS
- Analytics & Dashboard for Export Sales
Export Cycle
Exports Document Set
- Splitting and Clubbing of SAP Sales Documents
- Logical Grouping of Capturing Data to Feed Step wise Information
- Tracking Export Obligation (EPCG & Advance Authorization
- Generation of Bank Documents – Letter to Bank, Bill of Exchange
- Generation of Various Pre-shipment and Post Shipment Documents
- Upload Scanned Documents
- Document Customization for Inter company / SEZ/EOU
- Modification of SAP Data in OptiExim for Export Documentation
- Additional Text Entry
- In-completion Log
- Print Action Log
- Customization of Number of Print
- Create Documents With Reference to Another Document
- Export Realization updation through e-BRC details
- e-FIRC tracking for Advance Payment
- Mail Alerts
- MIS Reports
- Exports Register
- Shipping Bill Tracking Report
- Accounts Receivable Report
- Exports Bill Pending for Negotiation
- MEIS Entitlement Reports
Pre-Shipment Documents
- Order Confirmation
- Customs Invoice
- Shipping instruction
- Proforma Invoice
- Packing List
- Bombay Chamber of Commerce Certificate of Origin
- Certificate of Origin for Thailand
- IMC Certificate of Origin
- GSP Certificate of Origin
- ICC Certificate of Origin
- Certificate of Origin -ISFTA
Post-Shipment Documents
- Commercial Invoice & Packing List
- Advance Cargo Declaration
- Export Value Declaration
- Sworn Declaration
- Form 3, Form 7, Form 9
- DEEC Print
- Duty Drawback Declaration-AIR
- Shipping Advice
- Form A2
- Bill of Exchange I & II
- Draft Bill of Lading
- Letter to Bank
Exports Trade Finance
- Tracking of Export Letter of Credit / DA/ DP
- Checklist to Compare the Terms and Conditions of Export Letter of Credit with Sales Order
- Assignment of Sales Order / Contract
- LC Approval Process
- Data Flow from LC Created in SAP
- Mail Alert – LC is Fully Utilized / Expiry Date
- Discrepancy Tracking Report
- Provision to Capture FIRC Details for Advance Payment Received
- Assign Multiple Billing Documents to an FIRC
- Provision to Generate FIRC Request Letter to Bank
Duty Drawback (All Industry Rate)
-
Maintain DBK Rate & DBK Serial Number against SAP
Material Code or MSN code - Upload Data to the DBK Master
- MIS Report Drawback Entitled Amount
- Actual Receipt of Amount Against each Shipping Bill.
- Upload of DBK realization, from the data downloaded from ICE Gate Portal
Container Tracking / Factory Stuffing
- Indent Creation
- Container Arrival Tracking
- Stuffing & Sealing
- Attaching Container to Delivery
Import Cycle
Benefit Schemes
- Advance Authorization, EPCG , MEIS
- ARO, Invalidation, Enhancement & Re-validation
- Utilization / Fulfillment / Cut over of Open Authorizations
- Attach Scanned Copy of Documents
- EPCG Installation Certificate tracking
- Locking to Control Export Obligation
- Mail alerts – Imports and Export validity against Authorization
- Reports – Advance Authorization, EPCG, MEIS
- SION based Consumption Register for Advance Authorization
- Tracking of Purchase and Sale of MEIS
Imports Trade Finance
- Maintain Bank Limit & Charges
- LC / DA/ DP Application, Document, Amendment
- Acceptance and Retirement
- LC Approval process
- Mail alert – Approval Process and LC Expiry Date
- Track LC Outstanding & Utilization
- Tracking LC Based on the Purchase Order
- Maintain Bank Charges
- Vendor Wise Advance Payment MIS Report
- Bank Guarantee Receipt & Issue
- BG Print Document, Covering Letter, Vacation Letter & Validity Extension Letter
- BG Amendment
- BG Mail Alert for Expiry Date
- Bank Guarantee Tracking MIS report
Vendor Document Set Capture, Bill of Entry & Bond
- Capture Import Related Information Referenced to SAP Purchase Order and Vendor Invoice Items
- Carrier Information, Bill of Lading or Airway Bill (AWB)
- Geographical Information
- Book LC and Benefit Schemes in Document Set
- High Sea Sales
- Track Various Types of Bill of Entry
- Noting and Appraising Process Tracking in Bill of Entry
- Duty Calculation with Benefit Schemes
- Capture CHA charges
- Tracking Various Types of Bonds
- Stock Status in Bonded Warehouse
- Maintenance of Customs Tariff & Notification Master for import Duty Calculation against HSN/SAP Material Code
- Scheme Wise Duty Code Set off Configuration
OptiEXIM : Complete Product Walkthrough
You can also watch specific modules of
OptiExim by following time lines