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Determination Software
Integration Point Country of Origin Determination Software provides a web-based
environment for companies to automate their decision-making process when determining
the country of origin for all of their goods.
The Challenge
Country of origin marking has become a requirement in most
countries over the last few decades. With this requirement,
companies are finding that many countries require imported items
to be marked with a single country of origin, and, with sourcing,
processing and assembly happening all over the world, it becomes
difficult to determine country of origin accurately.
Managing the country of origin marking process is tedious and
consists of manually analyzing Bills of Materials to determine origin.
The accuracy of determining the country of origin information can
result in delays, detentions, monetary penalties or even criminal
sanctions.
The Solution
Integration Point Country of Origin Determination Software
automates the decision-making process based on the appropriate
Marking Rules of Origin for each importing country as well as
bundling the pertinent regulations and rulings for reference.
The Integration Point Country of Origin Determination Software
systematically analyzes each Bill of Material (BOM) against the
Marking Rules of Origin for the country of import to determine either
a single result or a list of relevant countries of origin from which a
company can select.
The Benefits
With Integration Point Country of Origin Determination Software,
automating the BOM analysis against rules of origin for the
country of import takes the process from a manual process to a
process that is managed by confirming decisions and managing
exceptions. Multiple BOMs may also be analyzed simultaneously
against different rule sets. Utilizing the software also provides an
easy way for origin decisions to be submitted faster and with more
accurate analysis to Customs when trying to obtain Binding Ruling
determinations.
Since the responsibility of compliance belongs to the importer,
it is vital to ensure that all legal obligations have been met. In the
case of an inquiry or an audit, Integration Point Country of Origin
Determination software can be used to show Reasonable Care and
a consistent process.
Email: Info@IntegrationPoint.com
Web: www.IntegrationPoint.com
2016 Integration Point, Inc.
The Features
Integration Point Country of Origin Determination Software allows
organizations to:
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One Trade
Platform
Globally