The platform facilitates completely paperless trade easing the flow of the customs process using innovative technology solutions, including an Artificial Intelligence driven risk engine and smart valuation.
Cargoes Customs provides an intelligence-enabled, unified customs operating model that optimises border management and revenue collection activities. The system empowers customs agencies to facilitate trade, secure global supply chains, and increase compliance. At the same time, it is designed to minimise revenue leakage for government agencies.
The platform is built to assist global customs organisations in reforming and modernising processes by streamlining digital transformation through the latest technology and tools.
The system is further enhanced by its powerful risk engine which detects revenue leakages. This technology improves visibility and traceability, and is based on WCO best practices, thereby optimising the customs clearance process. As an intelligent risk engine, it helps enforce compliance and promotes seamless collaboration between authorities, government departments and stakeholders.
“Trade is a key driver to help economies around the world to recover fairly and sustainably from the economic shock of the pandemic. At DP World, we are doing our part to make trade flow as smoothly and seamlessly as possible, and with Cargoes Customs we really help customs authorities around the world to become dramatically more efficient – now and for the long term,” said Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World.
“This new digital solution connects customs officials and traders through an easy-to-use interface and a suite of custom-built tools.”
Pradeep Desai, Chief Technology Officer, DP World, said, “It’s a holistic solution powered by technology targeting all aspects of global trade including Finance, ERP, Tracking, Terminal Operating System, Customs software and enabling end-to-end logistics. We are excited to provide Logistics as one of our first Cargoes offerings to customers.”
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed. |