Pitney Bowes Launches Global Trade Solutions to Power Global Commerce in the Cloud
April 26 2016 - 11:01AM
Business Wire
Guaranteed Delivered Duty Paid (DDP) takes cost
uncertainty out of cross-border trade improving experience for both
buyers and sellers
Pitney Bowes Inc. (NYSE:PBI), a global technology company that
provides innovative products and solutions to power commerce, today
announced the expansion of its Global Trade Solutions to facilitate
cross-border trade. The web-based technology of the Global Trade
Solutions portal now offers management of Guaranteed Delivered Duty
Paid (DDP) shipments along with calculation of import duty and
taxes, lookup of full digit Harmonized System (HS) commodity codes
and restrictions. Retailers, logistics providers and postal
operators can navigate the complexities of global trade, while
expanding cross-border reach.
“As the opportunity for global cross-border trade expands, so
does the complexity. More consumers from more countries are
shopping the globe, however duties, taxes and restrictions vary by
country and territory,” said Lila Snyder, Executive Vice President
and President of Global Ecommerce, Pitney Bowes. “To be successful,
merchants need to create a transparent experience, including
accurate final costs for the end customer. Our Global Trade
Solutions provide the tools to easily access and use the broad
range of data, rules and regulations needed for cross-border trade
in over 140 countries and territories.”
Pitney Bowes Global Trade Solutions improves the process through
easy to use and up-to-date tools; fast and easy to implement API
web services; and 24/7 tariff classification services at scale.
Whether it is understanding customs rules, looking-up HS tariff
codes, identification of restrictions or export controls, the SaaS
platform of Global Trade Solutions delivers a unique set of
technological protocols for seamless international trade.
“Avenue 32 first started using Global Trade Solutions at the
time when we were seeing our international markets enjoying
triple-digit growth, but a delivery performance that was impacting
negatively on our returning business,” shared John Brien,
Commercial Director at Avenue 32, an online luxury shopping site.
“The implementation was an effortless ‘plug-in’ and by making use
of low-maintenance classification uploads we enabled fully pre-paid
duty payments at checkout. Since launch, we have not had a single
duty query on any international delivery; either by customs
authority or customers. Moreover, with the expedited customs
clearance, we are able to offer standard 1-2 day delivery from our
UK warehouse to any destination in the USA. The Global Trade
Solution provides outstanding customer service with professional
and tailored support, as well as representing excellent value for
the money.”
In a short time, Global Trade Solutions have on-boarded over
5,000 customers in 88 countries. Clients can access Global
Trade Solutions in three ways, by using:
- Web tools to: calculate import duty and
taxes; lookup HS codes, rates and restrictions; and access
resources for country import/export guides, denied party screening
and Guaranteed DDP.
- APIs that can be embedded seamlessly in
business processes, for example to enable a merchant to charge
accurate import duty and taxes at checkout, and to offer a total
landed cost to their international customers. The APIs allow
merchants to classify their product catalog, charge accurate import
duty and taxes at checkout and create required documentation
(commercial invoice, packing list), including 10-digit HS codes for
the country of destination.
- Product classification services --
whether for a single product or for an entire catalog -- with a
choice of human classification by trade experts or machine
classification.
The Pitney Bowes Global Trade Solutions are an integral part of
the Pitney Bowes Commerce Cloud, a commerce enabler, providing
access to solutions, analytics and APIs across the full commerce
continuum with speed and agility to help clients identify
customers, locate opportunities, enable communications, power
shipping from anywhere to everywhere and manage payments.
About Pitney Bowes
Pitney Bowes (NYSE: PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas
of customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than
1.5 million clients in approximately 100 countries around the world
rely on products, solutions and services from Pitney Bowes. For
additional information, visit Pitney Bowes
at www.pitneybowes.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160426006041/en/
Pitney Bowes Inc.Dan Burris,
203-449-7635daniel.burris@pb.com
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