A shipment that crosses a border touches currency, customs, and cash flow before it touches a customer.
Import and export trading runs on juggling multiple currencies, multiple suppliers across time zones, and payment terms that can stretch for months while goods are in transit. Yukti keeps currency conversion, supplier performance, and multi-warehouse stock connected to the same books, instead of reconciling a trading ledger by hand at month-end.
The Real Workflows Behind Import & Export Trading ERP
Multi-currency accounting converts and revalues automatically
Multi-currency accounting handles transactions, invoices, and payments in the currencies your suppliers and customers actually use, with every entry converting to your base currency for consolidated reporting. Because a shipment invoiced in one currency often gets paid weeks or months later, period-end revaluation of open foreign-currency receivables and payables posts the resulting unrealized gain or loss automatically, instead of that difference sitting unaccounted for until someone notices the bank statement doesn't match the books.
Landed cost folds freight and duty into real product cost
Freight, customs duty, insurance, and handling charges get allocated into the actual cost of the goods based on configurable rules, so that cost flows into inventory valuation and margin analysis instead of sitting as a separate expense line that quietly distorts what looks like a healthy margin. Industry cost analysis generally puts these non-product costs, freight, duty, insurance, and brokerage combined, in the range of 20 to 40 percent on top of a supplier's invoice price, depending on the product and the trade lane, based on industry benchmarks.
Supplier performance gets scored on data, not memory
Purchase management tracks supplier performance across your import base, on-time delivery, pricing trends, and quality rejection rates, so a supplier relationship gets judged on data instead of memory. That matters more in international trade than domestic sourcing, since suppliers are a flight away and a site visit to check on a problem usually isn't happening this quarter.
Stock in a bonded warehouse is tracked, not invisible
Inventory gives real-time stock visibility across every warehouse or bonded location, with inter-warehouse transfers tracked end to end as goods move from port of entry to distribution point. Sales order management tracks the full order lifecycle from quote to fulfillment, handling backorders gracefully when a shipment is delayed in transit.
How the Pieces Connect
Landed cost converts every currency into one real number
A single shipment rarely settles in one currency. Ocean freight might be quoted in US dollars, customs duty assessed locally, and the supplier's invoice written in the manufacturer's own currency. Yukti converts each component at the applicable exchange rate and allocates them into the same product cost record, so landed cost reflects what the shipment actually cost in your base currency.
Supplier history feeds the next purchase order
Supplier performance data feeds directly into the next purchasing decision instead of living in a file someone reviews once a year. A supplier whose on-time delivery rate is drifting or whose quality rejection rate is creeping up shows up in the same system generating the next purchase order.
A backorder reflects stock that's actually cleared customs
A sales order for stock that's technically owned but still sitting in a bonded warehouse isn't shown as available the same way stock on a domestic shelf is, so a customer gets a realistic delivery promise instead of a date based on inventory that hasn't cleared customs yet.
AI that watches supplier lead times drift before a shipment is late
Yukti's procurement agent monitors inventory across every warehouse and compares supplier pricing, lead times, and quality scores to select the best vendor for each order.
Compares supplier pricing, lead times, and quality scores per order
Catches a supplier's lead time creeping longer before it causes a stockout
Flags the delay before a shipment that should have arrived goes missing
See What This Could Save Your Team
Procurement cycle time
You could save ~36.0 hours/month
Hackett Group: Digital World Class procurement teams operate with 32% fewer FTEs and spend less than half their hours on transactional activities. Ardent Partners 2024 Procurement Metrics report: 40% manual workload reduction. Base case modeled at 30% cycle time reduction.
RFQ and vendor quote comparison
You could save ~5.0 hours/month
Based on documented ERP implementation efficiency benchmarks: sending RFQs to multiple vendors and comparing quotes side by side typically sees a 20% efficiency gain when quote requests and comparisons are handled in one system instead of email and spreadsheets.
Order follow-up and expediting
You could save ~6.0 hours/month
Based on documented ERP implementation efficiency benchmarks: chasing vendors for order status and handling rush or delayed deliveries both see a 30% efficiency gain when order status and vendor communication are tracked in one place instead of email threads and phone calls.
Vendor and purchase order administration
You could save ~7.5 hours/month
Based on documented ERP implementation efficiency benchmarks: routine vendor record-keeping and purchase order paperwork typically see a 50% efficiency gain when documents and vendor data are centralized instead of filed manually.
Supplier performance tracking and evaluation
You could save ~2.5 hours/month
Automatic tracking of on-time delivery and quality against each supplier replaces manually compiling performance scorecards from separate records.
Purchase requisition approval
You could save ~2.5 hours/month
Employee requisitions that route for approval and convert to a purchase order automatically remove the manual handoff between request and PO.
Reorder point automation
You could save ~2.6 hours/month
Automatic alerts when stock hits its reorder point replace manually reviewing inventory levels to decide when to raise a purchase order.
Total: ~62.1 hours/month, ~$1,937/month
Common Questions
How does Yukti calculate landed cost, and does it happen automatically?
Freight, customs duty, insurance, and handling charges get allocated into the actual cost of each product based on configurable rules, and that true cost flows into inventory valuation and margin analysis automatically. You're not manually adding a shipping estimate to a purchase price after the fact, the landed cost is part of the product's actual recorded cost.
We invoice suppliers in USD but book in our local currency. How does currency revaluation work when payment happens weeks or months after the invoice?
Each transaction records at the exchange rate in effect on its date, and at period close, any open foreign-currency receivable or payable gets revalued to the current rate, with the resulting unrealized gain or loss posted to the correct account. That keeps your books accurate to current exchange rates instead of stale ones from whenever the original invoice was raised.
Can we track supplier performance separately when we're sourcing from multiple countries with different lead times?
Yes. Purchase management tracks on-time delivery, pricing trends, and quality rejection rates per supplier, so a supplier in one country with a six-week lead time and one in another country with a two-week lead time are evaluated against their own history and their own terms, not a single blended benchmark that doesn't reflect either one accurately.
Do you support stock sitting in a bonded warehouse or in transit before customs clearance?
Yes. Inventory gives real-time visibility across every warehouse or bonded location, with transfers tracked end to end as goods move from port of entry to a distribution point, so stock that's technically owned but not yet cleared is visible and trackable, not invisible until it physically shows up on a domestic shelf.
What happens to a sales order when a shipment is delayed in transit?
Sales order management tracks the full order lifecycle from quote to fulfillment and handles backorders gracefully, so a delayed shipment doesn't just disappear from view. The order stays visible against the delayed stock, and fulfillment updates once the shipment actually arrives, instead of the order needing to be manually recreated or chased down.
Where a Simpler Tool Might Be Right
A trading business buying and selling in a single currency, with one supplier relationship and no multi-warehouse stock to track, doesn't need multi-currency consolidation or supplier performance scoring. A simpler invoicing and inventory tool is a better starting point. This page is for import/export and trading companies managing multiple currencies, multiple suppliers, or stock moving through more than one location.
See AI-Native ERP in Action
Whether you are outgrowing a billing tool or evaluating a full ERP for the first time, we can show you what Yukti does differently.