Paperless trading — it's quickly becoming a reality in countries around the world. More and more Customs Authorities are moving to electronic form submission for import and export declarations. In the European Union (EU) especially, member states' Customs Authorities are collaborating and working towards having more and more companies file the Single Administrative Document (SAD) and other import/export documentation electronically.
Regardless if you are still filing paper declarations or if you have initiated electronic filing, one thing is certain — a central solution to manage all aspects of global trade, including duty management programs, is a must.
Customs Warehouses and Processing under Customs Control (CW/PCC) are but two examples of Duty Management programs operating in the EU. And for the economic operator in charge, optimizing CW/PCC while eliminating the paper-hassle when filing declarations is key. Using an automated, web-based solution, economic operators can efficiently manage CW/PCC operations as well as trade agreements, exports, and Export/Import Control System (ECS/ICS) requirements, all while maximizing savings opportunities.
Integration Point® Customs Warehouse/Processing under Customs Control (CW/PCC) provides companies with a web-based platform containing all the tools needed to meet Customs declaration requirements, create ad-hoc reports, and reconcile inventory in a paperless trading environment. |