Other challenges are- lack of cross-functional trade visibility and internal trade controls, costly delays, and associated business risks. To overcome these challenges, there is a need of one solution that can provide comprehensive visibility and control over orders and shipments to extend cutting-edge trade practices. Oracle Global Trade Management Cloud is one such solution that is crafted keeping present challenges in mind. It streamlines cross-border trade practices by empowering stakeholders to exchange trade data and share milestones as they monitor the physical flow of goods. This solution helps connect all customs and compliance processes into the physical flow of goods by establishing a global network of shipping partners. Oracle Global Trade Management has the following features- screening master data verifying necessary licenses and other regulatory requirements producing commercial shipment documents and electronic filings.