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ClearCross Delivers Advanced Import Capabilities over the ClearCross Network.


Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--July 17, 2000

ClearCross(TM) today announced the immediate availability of advanced import capabilities on the ClearCross Network(TM). The ClearCross solutions optimize the global procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  cycle to drive profitable and efficient inbound in·bound 1  
adj.
Bound inward; incoming: inbound commuter traffic.

Adj. 1. inbound
 commerce, enabling importers - including high-tech, chemical and automotive manufacturers; customhouse brokers an agent who acts for merchants in the business of entering and clearing goods and vessels.

See also: Customhouse
; and freight forwarders An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination.  - to streamline global commerce. The injection of these new import solutions into the ClearCross Network provides companies with an integrated source of all the regulatory compliance information, landed cost calculations, document production and execution capabilities needed to procure To cause something to happen; to find and obtain something or someone.

Procure refers to commencing a proceeding; bringing about a result; persuading, inducing, or causing a person to do a particular act; obtaining possession or control over an item; or making a person
 or fulfill goods across international borders.

The ClearCross import solutions include technology from Questa Corporation -- a 19-year-old global commerce management company with over 150 customers -- that ClearCross recently acquired. The ClearCross import solutions are U.S. Customs-approved, have full ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother.


(Application Binary Interface) A specification for a specific hardware platform combined with the operating system.
 capability, and offer advanced capabilities for customhouse brokers, including the efficient handling of multiple invoices, lines and tariffs, compliance verification, and document preparation. The solutions automate the end-to-end flow of transactions into Customs entities and across the enterprise trading network, greatly reducing the time and costs associated with inbound transactions.

In addition, ClearCross import solutions adhere to adhere to
verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful

2.
 CATAIR CATAIR Canadian Association of Technical Accident Investigators and Reconstructionists
CATAIR CATalonian AIR (Barcelona) 
 (Customs and Trade Automated Interface Requirements), ensuring that trade information is stored, queried, and communicated in compliance with government regulations. Early adopters of the ClearCross import offerings include Panalpina, Yamaha and Transoceanic.

"To profit in the global Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. , companies must eliminate the friction of borders, simplifying global commerce to the level of domestic commerce," said Richard Giordanella, chairman and chief executive officer at ClearCross. "The addition of these powerful, new import capabilities to the ClearCross Network advances our ability to deliver a single source for global commerce services, enabling companies to manage their global fulfillment and procurement needs quickly and easily."

The ClearCross Network is the first global commerce management platform that intelligently connects companies and online marketplaces with the information sources, applications and shipping resources needed to conduct business across borders simply and profitably. The ClearCross Network uses XML-based messages to link businesses with ClearCross Trade Engines(TM), which provide immediate answers to the regulatory, financial, and logistics questions that govern cross-border trade, and essential services such as Customs agencies, freight forwarders, carriers, banks and insurance companies.

About ClearCross

ClearCross (www.clearcross.com) is the leader in global commerce management solutions. Its ClearCross Network intelligently connects companies and online marketplaces with the information sources, applications and logistics resources needed to conduct business across borders simply and profitably. With 1,000 customers in 22 countries around the world, ClearCross enables businesses to expand worldwide sales and dramatically streamline global fulfillment and procurement processes. ClearCross is headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

Trademarks: ClearCross, ClearCross Network and ClearCross Trade Engines are trademarks of ClearCross Inc. All other company and product names referenced herein are trademarks of their respective holders.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 17, 2000
Words:468
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