There are troubles and costs with each border crossed. Whether it is correctly classifying your goods, properly calculating origin, complying with varying and changing import and export customs regimes, or adhering to export control regulations, there are savings and precious time that can be optimised. Dealing with current customs process, duty and tax recuperation issues or revisions to the current regulations, MIC will help to ensure that you are always on the right track.
We offer customs software solutions for more than 45 countries on five continents. Save time and money with the standardisation and automation of your customs processes. MIC removes the bumps that hinder importing and exporting.
Supporting more than 45 countries, MIC CUST offers you a standard customs solution on a single technical platform. It enables the automated creation of import and export declarations and seamlessly converts one country's export data into another country's import clearance, streamlining inter-company shipping processes. The system also allows for the quick electronic transfer of data to third parties such as brokers or carriers. This eliminates the re-keying of data, prevents mistakes, reduces costs and increases compliance.
Correct customs tariff classification is the foundation of most other elements in international trade. It is a significant part of compliance and the decisive factor for calculating customs duties, admissibility and other agency requirements.
Every day, people in various parts of a company make difficult classification decisions. Frequently, work efforts are duplicated and inconsistencies in the classification of the same products can occur. To avoid this, a centralised and standardised product classification tool is necessary.
MIC CCS helps companies precisely classify products to conform to multinational customs tariff schedules while reducing costs and workload. MIC CCS simplifies the designation, validation and assignment of the classification and makes all information on tariffs available in a user-friendly format. Our software permits clear and easy control of the entire customs tariff classification process on a global level.
The basis for a compliant, reliable and efficient Free Trade Agreement (FTA) process is a precise calculation of origin - the MIC Origin Calculation System (OCS) delivers this.
It provides you with the tools to solicit and store origin data from suppliers (supplier solicitation) and to calculate origin for manufactured products. MIC OCS can store and process rules of origin for an unlimited number of unique free trade agreements. In addition, MIC OCS makes it easier to generate and track origin requests through various options including a web front end application for suppliers (supply chain solicitation system).
Put simply, MIC OCS addresses all legal compliance issues to accurately calculate preferential origin, which enables you to reduce duty costs and improve your cash flow.
MIC Export Control Management (ECM) helps you automate and monitor the complicated export compliance functions and processes that are involved with export control issues. It provides you with a broad spectrum of functionalities including the screening of numerous sanction lists whenever required, integration into various ERP systems, regular updates of the lists, and identification of licensable goods or audit trails. MIC ECM simply reduces risks and costs associated with global trade and it supports you in keeping track of the entire process to ensure absolute transparency.
MIC Global Trade Management Solutions provide more efficiency, more transparency and more compliance in a single system. They simply save time, energy and money. To learn more about them simply get in contact with us.
