GLOBAL TRADE COMPLIANCE / INTELLIGENCE
CROSS BORDER SERVICE (XBS)
XBS is a centralised global trade platform that facilitates cross-border trade with end-to-end compliance connectivity. Based on Software-as-a-Service (SaaS) model, it has an ever-growing global network of over 163,000 connected parties and 50 over Customs authorities. Through one unified platform, XBS powers data management and transformation for trade declaration, import and export permits applications to government agencies and trade associations globally. It also serves as a system of records for trade related data and documents required for statutory compliance.
Instead of having to manage a multitude of compliance requirements across multiple countries, users only need to input their trade data and documents into the XBS platform for automatic trade declarations processing - generating them in local and respective cross-border regulatory formats for compliance submission; requisite approvals for clearance of goods is routed back to XBS. XBS’ inherent automatic data population and pre-validation capabilities ensure accuracy in declarations and consistency in fulfilling end-to-end regulatory compliance.
Real-time dashboard, alerts, status, data reuse and electronic integration drive better collaboration, increase visibility among stakeholders and reduce compliance complexities.
XBS Connectivity Nodes
|Centralised XBS Compliance Connectivity platform||Reduce the time and effort to establish individual connection with disparate systems in multiple countries.
Data transformation into regulatory formats for declarations regardless of users’ data format.
|Faster turnaround time for customs permit preparations||Pre-population of declaration data minimises repetitive re-keying; saves time and increases data accuracy.
Automatic HS Code conversion eliminates time spent on manual search for different country codes.
|End to end visibility of cross-border shipments||Real-time updates for all clearance status across multiple countries through XBS dashboard|
|Ease trade data management||As a system of records for trade related data and documents required for statutory compliance.
Consolidated trade transactions archive enables instant retrieval of records and reports.
|Streamlined and easy-to-use application||Fully web-based solution - no need to spend money on software purchase or installation.
24/7 customer support via email, phone or live webchat.
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