Headquartered in Irvine, CA GTKonnect's global trade management suite of products include individual modules-each performing its own set of functions-tied together as a collaborative suite, for the unique needs of organizations. "Our services are exclusively based on import and export business to support processes such as drawback filing, C-TPAT, denied party screening and free trade agreement," says Raghavendran. Adding to these unique capabilities, GTKonnect builds and provides Global Trade Content that powers the global trade management system-helping customers to simplify the process of managing imports, exports and trade agreements.
Launched in 2007, the GTKonnect suite today is helping many large and small enterprises manage import-export and maintain compliance from a global perspective. "Our suite of products ensure the 3C's-compliance, collaboration and content are achieved by every trade organization," points out Raghavendran. The comprehensive component of the product suite-Denied Party Screening (DPS)-automatically enables global traders to screen their customers and suppliers against denied and blacklisted parties, ensuring compliance with federal and international rules and regulations. The comprehensive solution replaces manual trade screening processes in order to follow and comply with the government regulations. The system alerts organizations against globally denied party lists that include denied persons, unverified entity, debarred brokers, non-proliferation organization, terrorist agencies, anti-money laundering checklist and others. For global traders, this web-based portal works as a first level of defense before items are shipped, packaged or taken into account, where they can simply use the name and address to access the platform and perform a rudimentary check.
While maintaining the integrity of its products at one hand, GTKonnect constantly works alongside its customers to understand their various requirements while developing and suggesting unique implementation processes for every institution. "We configure our technology to fit into their business practice and help provide user-friendly compliance solution to manage their regulation processes," explains Raghavendran.
This methodology has helped the company garner scores of world-class clients including Mattel, Mitsubishi Motor North America, DHL Express, Boeing, and Johnson & Johnson among others. GTKonnect has maintained unique compliance program for each of these organizations, helping in their growth process, while making every compliance aspect automated processes, discounting the need for any manual interventions.
Being a customer-first company, GTKonnect provides technology as well as domain experts to assist their clients in their business processes. Forging ahead, GTKonnect plans to make their existing platforms more advanced and sophisticated to address the emerging challenges in the global trade industry. The company also wants to establish itself as a global content provider. "Content is the most expensive thing in today's global trade landscape. We plan to offer a technology for content construction, which will make it easier for people to consume the global trade content cost-effectively," says Raghavendran. The company sees themselves becoming a collaborative platform in the upcoming years, where content creation will include experiences from other organizations in order to make the whole process more appealing.