Now, more than ever, trade compliance has a seat at the executive table. Companies are revisiting their trade compliance strategies in order to:
Comply with complex trade regulations
Stay up to date on an ever-changing trade environment
And minimise the risk of errors that can lead to penalties, under payments of duty and other negative exposures, as well as the needless overpayment of duty
That means increased pressure on importers and trade compliance departments to:
Accurately classify products
In a quickly changing environment with resource and budget constraints along with a continuous flow of new products to classify
These pressures mean that resources have little time left for strategic planning and initiatives
In an era of such increasing demand on global trade compliance resources—now is the time for a new approach to trade compliance with leading-edge technologies and consistent methodologies that can decrease the need for manual effort and the risk of human error, while increasing accuracy and consistency.
A digital solution that alleviates the challenging and time-consuming classification work that many global trade functions struggle with today.
A global, automated classification solution, Trade Classifier is a leading multijurisdictional tool supported by our global trade specialists, offering:
A globally integrated, multi-faceted team experienced in multijurisdictional trade classification.
Leading edge technology solutions.
Tried and tested, effective-practice processes and tools.
Trade classifier can be used directly by the Client under a Software as a Service (SaaS) model. It can also be coupled with classification support services from Deloitte’s Global Delivery Centre classification specialists, which typically provides a more cost-effective classification solution. This includes standard quality review process, global network of trained classification specialists and around the clock support.
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Deloitte's Global Trade Advisory specialists around the world can help businesses establish an international business strategy designed to manage costs and global trade regulatory requirements while leveraging innovative technology solutions.
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