QuestaWeb TradeMasterQW 4.0 Juggles Trade Regs
Changes to trade regulations, like the recent restrictions on trade with Iran or certain Chinese manufacturers, are recognized in real time in QuestaWeb's latest import/export rollout.QuestaWeb announced Oct. 29 the release of TradeMasterQW 4.0, the latest iteration of the companys Web-based, integrated trade and logistics management software that aims to unify dozens of import/export activities and reports. TradeMasterQW unifies import, export, logistics, compliance and financial processes that include U.S. Customs clearance, landed costs, Harmonized Tariff Schedule classifications, export licensing, denied party screening, quota management, product catalog, tracking, event management and international document repository, according to QuestaWeb. TradeMasterQW 4.0, like QuestaWeb overall, is Web-based and responsive to changes in the landscape of global supply chain regulations, the company said.
In order to allow its 60 current customers to roll with ever-changing global trade regulations that dictate tariffs, taxes and more recently, restrict trade with certain nations, groups or even specific manufacturers, the software must be extremely flexible and able to immediately reflect changes in global trade laws, QuestaWeb said.