SUMMARY
We
provide a unique solution that allows the automation of
FTA "rule of origin" compliance. Over 100,000
algorithms developed by experts take into
account changes in tariff
classification of non-originating materials, regional
value content (net cost and transaction value methods) of goods as well
as de
minimis requirements. The Customs Compliance
Solution (CCS) also allows you to
create high quality, compliant Certificates of Origin quickly, thereby
reducing resource requirements, minimizing compliance risks and
allowing you to provide customers information
on preferential treatment claims under NAFTA.
WORKFLOW
Customs Compliance Solution - Business Workflow
KEY BENEFITS OF
TRADEWIND'S CCS
REDUCE
RESOURCES: The
number of Full Time Equivalents (FTE) required to
perform Regional Value Content (RVC) and prepare FTA documents will be
significantly reduced as CCS automates processes and can be integrated
with SAP, Oracle or Infor ERP offering.
ADDITIONAL
REVENUE: Allows the timely
generation of Certificate of Origins (COO)
that can be used by Sales Team to highlight customer's savings via
preferential tariff treatment.
CUSTOMER
SATISFACTION: Improve customer
satisfaction by ensuring timely generation
of high quality cover letters and COO using consistent, refined
calculations and centralized data.
RECORD
RETENTION: Centralized storage of
key documents and history of changes
to RVC and COO.
DUE
DILIGENCE/RISK MINIMIZATION: Minimizes
negative response by U.S., Canadian and Mexican
Custom Border Protection as CCS provides centralized files and audit
trail of complex FTA rules.
LOW
COST OF OWNERSHIP: CCS is a
commercialized solution that is developed and
maintained using best software practices and supported both via on-line
portal and call center.
BOM
DRILL-DOWN: Assessment viewing
capability as well as visualized batch
process.
CCS
FACILITATES COMPLIANCE WITH THE FOLLOWING:
- - NAFTA tariff shift status
- - RVC qualification determination
- - De minimis cut-off
- - Certificate Of Origin (COO) creation
- - Future versions to include additional FTA
(e.g. European OPR) and Duty Drawback
HOW CCS COMPARES TO CURRENT SYSTEM:
Majority
of companies/CHB have not automated RVC determination and FTA document
generation. This approach raises the following concerns:
- - Elevated costs
- - Timeless of
submission to government agencies
- - Audit ability
of process by government
inspectors
- - Record
retention
- - Addresses functionality not in commercial
software and operated within the customer's Local Area Network
- - CCS was designed in conjunction with industry
experts to facilitate ease of use
- - Ongoing updates as legislation changes
- -
Activity Modules: Import, Export, Vendors,
Customers, Products,
Rules of Origin, Reports, Archives, History
and
Users