Customs and International Trade Analytics Tool
PwC’s newly developed Tool performs a broad and in-depth analysis of your import and export transactions including customs duties paid (trade flows). This will enable your company to gain a refined understanding of your trade flows, identify red flags and uncover potential business planning opportunities.
More about the tool
Are you an importer, exporter and/or manufacturer? Compliance with Customs and Trade requirements is an essential part of your routine operations.
Considering this, PwC has developed a ‘Customs and International Trade Analytics Tool’ (Tool) that performs a broad and in-depth analysis of your import and export transactions including customs duties paid (trade flows). This will enable your company to gain a refined understanding of your trade flows, identify red flags and uncover potential business planning opportunities.
Increasing the efficiency of your Customs processes
The Tool is principled on the World Customs Organization Authorised Economic Operator (AEO) programme and is aimed at ensuring quality assured procedures and increasing the efficiency of your Customs processes by:
- Outlining areas of noncompliance with the Customs legislations
- Outlining potential Customs duties and cost savings opportunities
- Proposing relevant Customs risks mitigation action plans
- Increasing utilisation of Customs incentive regimes
- Detailed trade statistics to enable informed decision making
Tool introduction and facts
- Data collection and organising
- Optimisation and visualization
- Presentation and reporting
Data collection and organising
Data used in the Tool is derived from your Company’s operational data which comprises of details of your imports and exports.
Optimisation and visualization
We develop various detail oriented analytic dashboards.
Presentation and reporting
We will take you through the analytic dashboards and recommend remedial actions (as appropriate) in line with the Customs legislation.
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