Entry visibility aims to ensure that all regulatory, compliance, and documentation requirements are met in a timely fashion along the way.
Furthermore, the Mod Act includes a "Reasonable Care" clause, which states that importers and brokers need a comprehensive audit process to ensure they have met all compliance requirements and provided the correct information on all entry filings.
Main types of entry include: Due to time and cost restrictions most importers cannot audit all of their entries on a regular basis, and therefore they are potentially losing money due to classification errors, inaccurate quantities or missed Free Trade Agreement eligibility.
An automated solution identifies common entry errors such as incorrect tariff numbers, product description, and country of origin.
Keeping customers, suppliers, 3PLs, freight forwarders, and brokers all on the same page can be accomplished with an automated solution, allowing all parties to view the same data and further ensure the information on the entry is correct and up-to-date.