DESMAT is a software driven methodology that maps process flows at a client in connection with the physical movement of goods and match those to customs declaration records to identify possible errors or exceptions. The software generates reports, including exception reports, for management to then investigate further and resolve.
Rapidly advancing technologies and growing capabilities on the part of tax authorities has resulted in increased compliance burden. Organisations are searching for means to reduce the cost of compliance and increase visibility across customs functions.
DESMAT is cloud-based software that validates your specific business processes against trade data collected from various sources to efficiently analyse transaction level data against trade flows.