Successfully Navigate the Transactional Document and Reporting Challenges of International Trade Using Microsoft Dynamics AX

Last month I described how companies leveraging Microsoft Dynamics AX could increase the benefits associated with their accounts receivable output through different transactional document process automation (DPA) projects.

Given all the ways in which globalization is quickly reshaping long-standing business practices, I thought this would be an ideal time to take a closer look at some of the document and reporting challenges that can be created as a result of international trade. And how, with help from a Microsoft Dynamics AX partner, along with an add-on DPA solution for more sophisticated enhancements, organizations can drive new process efficiency gains to reduce costs and enhance customer services.

Where domestic trade is concerned, the transactional documents most associated with exchanging goods and/or services with a customer include sales confirmation, picking lists, packing slips, bills of lading and invoices. When you throw cross-border trade into the mix -- be it to South America, Europe or Asia Pacific -- that manageable universe of ERP output expands to include import/export documentation, which is always complex.

But that's not all....