Kewill eases the pain of customs compliance with global customs exchange
3 March 2009
Guildford, UK, Kewill (LSE: KWL), a leading provider of solutions that simplify global trade and logistics, has launched a fully integrated global solution that will enable logistics service providers and manufacturers, who need to process customs declarations in multiple countries, to trade more simply and cost effectively.
Kewill CustomsXchange will bring simplicity, local expertise and transparency to customs compliance. Users can expect to achieve increased productivity and efficiency, improved customer service, increased responsiveness and agility and better control.
Kewill CustomsXchange acts as a messaging hub, where customs information is entered in the same format and through the same interface regardless of its final destination. The solution handles the onward connections to customs or legislative authorities, using local customs applications, designed and developed in each country by local experts; all applications are therefore proven, certified and available in local language.
Evan Puzey, Chief Marketing Officer at Kewill added, “Offered as a service, CustomsXchange will provide companies with much more accurate visibility of the true cost of managing customs, which in many companies today is impossible. This is extremely valuable for companies such as logistics service providers that offer customs handling as a service to their customers, and need to price with more accuracy and ensure margins are maintained. Those logistics service providers that have wanted to expand their service offerings into customs and compliance will now be able to do so in a cost effective manner through lower start-up costs.”
Kewill CustomsXchange will make it easier for users when trading across multiple countries, and increase the speed to market for new countries, because information is processed through one source. This contrasts with the current situation for most companies that requires them to manage multiple applications and partners to achieve the connection to customs or other legislative bodies in multiple countries around the world.
Evan Puzey, Chief Marketing Officer at Kewill said, “This is currently the only solution that operates consistently in multiple countries. Legislation across the globe is constantly changing, and there hasn’t been a solution that can keep up with these updates. The beauty of CustomsXchange is that it is backed by experts in each individual country, who have inside knowledge of requirements and advanced visibility of any changes in legislation, and who can provide support where required in local language and with local domain expertise. With new regulations coming into force, including Export Control System (ECS), the Import Control System (ICS) in Europe and the ISF 10+2 legislation in the US, companies are having to change the way they work; and increasingly if a company doesn’t comply with legislation, they are facing financial penalties.”
Puzey continued, “With moves to facilitate global commerce, customs requirements were expected to reduce. However, with a greater focus on security, customs bodies have actually taken on new responsibilities. New legislation is transforming the customs landscape from one of simple and periodic declarations, towards a transaction by transaction approach for every single shipment. If handled inefficiently, such requirements can delay the movement of goods and have a knock-on effect on cash flow, transport, load planning, lead times and safety stock levels.”
For additional information, contact:
Tanya Pring
Fieldworks Marketing
Tel. (UK) +44 (0)1435 873080
tanya@fieldworksmarketing.co.uk