International Trading
Customs Clearance/ Bonded Warehouse
Customs Clearance/ Bonded Warehouse
Our Bonded Warehouse and Customs Clearance module can be used as a standalone module or it can be integrated with our full ERP software.
This module will allow companies to comply with Bonded Warehouse requirements and automatically get customs clearance for their containers of product. Our software will support a business that has a bonded warehouse or 3rd party offering this service on their behalf. It will give a business full visibility of all stock, what is bonded, what are not, controls around bonded stock, allowing you create a new product from within a bonded warehouse and sell on as bonded stock. Our ERP software has its own integrated warehouse management system so we have full control in managing the rules and regulations for bonded stock.
Our software automates the customs clearance of containers for your business, sending the required documents and information for clearance, provide feedback on the status of the clearance through a messaging service and once cleared will automate the spreading of costs to each product line. This automated exchange of data will mean improved efficiency and lead to better processes.
Benefits
- A reduction in the time it takes to get containers of fresh produce through customs
- An automatic communication process with customs
- Instant feedback from customs on any issues with processing documents/costs
- Support for all documents that need to be communicated for clearance
- Automated spreading of duty costs to each product line on a goods in receipt
- Helping a business to control and reduce costs
- Proactive status notifications
Features
- Our functionality complies with requirements on:
- Traceability
- Movements of Stock
- The changing of stock from one format to another (i.e. bonded to un-bonded)
- Informing business when customs duty needs to be paid
- Bonded warehouse audits
- Ability to change the format of product from one format to another in a bonded warehouse in a controlled manner with full auditable traceability
- Automatic spreading of duty costs after customs clearance back to container and individual product lines – this is currently a very manual process for all companies
- Selling of product from bonded stock to a customer who also has a bonded stock avoiding duty been paid
- Supports a bonded packhouse facility which allows product transformation in bonded state
