E2open Introduces Innovations in Global Trade Compliance Technology to Help Companies Address New and Evolving Challenges
New AI capabilities and enhancements to proven global trade software help streamline classifications, global trade content, due diligence, and unstructured document processing
While AI is a key component, e2open's strength lies in its holistic approach, integrating AI-driven processing and automation with its industry-leading, proprietary
“As global trade continues to evolve rapidly, compliance professionals are under immense pressure not only to keep up with changing regulations, tariffs, and new compliance requirements, but also to evaluate their exposure and create response strategies that mitigate impact to cost, demand, supplier networks and production timelines,” said
Among the innovations in e2open’s proven Global Trade suite are:
- Automated Classifications: More than ever, customers are looking for ways to improve their overall classification process. E2open’s automated product classification replaces outdated manual processes and ensures classifications are consistently accurate even as regulations evolve, avoiding costly customs delays, penalties, and other risk. Increased accuracy and the ability to audit existing classification reduces compliance risk and increases user productivity.
- Global Trade Content: With language learning model (LLM) and generative AI enhancements, e2open simplifies trade content by transforming dense, jargon-heavy regulatory content into clear, easy-to-understand summaries. This application is specifically valuable for large carriers, parcel and internal company mail room transactions to minimize the impact of wrong shipments.
- Enhanced Due Diligence: Customers often do not translate their source data into English, making it impossible to check foreign names against English-language lists. E2open’s AI enhances due diligence processes by providing more comprehensive screening capability, such as transliteration of localized names. It can automatically map and cross-reference these inconsistencies against global data sources, ensuring that businesses are screening all available information, even when data is in non-standard formats or different languages.
- Unstructured Document Processing: This “holy grail” capability solves a major problem of global trade: time-consuming, manual documentation. Unstructured Document Processing automates the processing and mapping of transactional documentation into a structured format with high accuracy, connecting it to global trade content with a learning feedback loop. This increases efficiency for importers or their Logistics Service Provider (LSP).
Learn more about e2open’s Global Trade solutions at e2open.com/global-trade.
About e2open
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