nEXIM
First co-innovated product with SAP in India
End-to-end solution to automate & optimize your International Trade business that includes Export Documentation, Trade Finance Process, License & Incentive Management
- India’s First and Globally 2nd co-innovated product from SAP
- Certified for S4HANA with continuous product improvements & updates
- Curated by industry experts in International trade; refined by innovation and best practices of SAP Technology
- ROI within a year of its implementation
- 24 X 7 customer support to ensure smooth and seamless business continuity
- More than 40 happy and satisfied customers across India & MENA
Do you think your international trade process management is still lagging behind in the competitive market due to the gaps that you are experiencing in terms of process documentation, financial transactions and further key operations related to foreign trade?
Improving the SAP EXIM features with an end-to-end solution, Applexus nEXIM add-on module transforms the way you conduct your foreign trade business transactions. Offering an increased visibility into your Export-Import operations by capturing available data from SAP and reporting on key indicators, nEXIM bridges the gaps in the areas of Import License Management, Export Schemes Management, Letter of credit management, Documentation, Logistics Spend as well as Bonds and Bank guarantee.
Well proven implementation technology spanning across 6 weeks
Comprehensive system to ensure smooth & seamless process transitions
Track and manage end to end EXIM business flow
Dedicated Support programme to incorporate all statutory amendments
What happens when you deal with huge volumes of import-exports amounting to transactions worth billions of dollars and are left with an EXIM solution that is inadequate to manage country-specific documentation and financial transactions?
Applexus helped a Global Pharmaceutical Company streamline its export-import process with a comprehensive solution that made their business operations seamless, while also providing an alert framework that facilitated time-critical decision making.
Multijurisdictional - compliance requirements to be monitored and stay abreast with
Regular requirement to efficiently handle and manage highly volumetric data and prevent any possible revenue losses
Creating a win-win situation in the rapidly evolving landscape by developing healthy and collaborative relationships
Trade Finance
Better control on Letter of Credits & cash management resulting in improved financial health
Easy management of dynamic schemes which may be subject to timely revisions. This is complemented by end-to-end management of license or scheme lifecycle, to include the redemption.
Ensures 100% accuracy in availing Export Incentives, which can help avoid loss of Export revenue caused by manual processing.
- Flexibility to create pre-shipment and post-shipment documents that are essential for your international trade business, from data available in your ERP
- Manages documentation as per LC terms and conditions to ensure error-free document submission to the bank
- Automates LC processes of both export and import by directly fetching data from SAP and reading the details from LC document to avoid manual intervention and errors due to the same
- Bank limit for import LC is tracked to ensure LC application rejection from bank and delay in establishing the LC, which in turn delay the shipment
- Sends notifications on events like LC expiry to ensure that you don’t miss any deadlines
- Helps to know the cash flow position anytime and manage fund accordingly
- Sends notifications on events like LC expiry to ensure that you don’t miss any deadlines
- Tracks import shipments clearance process and plans monthly material requirements for production with more accuracy
- Files Goods in Transit with an approximate estimate of the duty payable. Includes information such as quantity of goods, port of loading and delivery, ETA and more. This helps you plan your duty as well as import license requirement in advance and avoid paying detention and demurrage
- Files Bill of Entry (BOE) with key details such as the actual duty payable, license utilization, customs BOE number, and much more
Helps you track complete logistics expense in detail to evaluate budgeted expense and actual spend.
Anil Nair
Senior Vice President
Subhash Sidharthan
Delivery Manager
nEXIM revolutionizes the way businesses conduct foreign trade transactions seamlessly through automating the extensive documentation processes in compliance with the international trade rules and regulations. Easy to manage, accurate and transparent, nEXIM offers increased visibility into the Export-Import operations, ensuring efficient financial management & optimization of business trade processes.”
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