Collapsible text is perfect for longer content like paragraphs and descriptions. It’s a great way to give people more information while keeping your layout clean. Link your text to anything, including an external website or a different page. You can set your text box to expand and collapse when people click, so they can read more or less info.
"AI-powered Customs and VAT Fraud Detection." Gain valuable intel on ChatGPT and the latest in commercial modal trends. Watch the full recording now!
[Webinar] AI-powered Customs and VAT Fraud Detection. Delve into VAT fraud insights and navigate the complex trade regulation landscape. Gain valuable insights now!
Collapsible text is perfect for longer content like paragraphs and descriptions. It’s a great way to give people more information while keeping your layout clean. Link your text to anything, including an external website or a different page. You can set your text box to expand and collapse when people click, so they can read more or less info.
Why should you consider migrating to tradePhlo customs software?
Migrating to TradePhlo simplifies customs management by consolidating functions into a single platform, enhancing efficiency through automation, and ensuring real-time compliance with changing regulations.
Collapsible text is perfect for longer content like paragraphs and descriptions. It’s a great way to give people more information while keeping your layout clean. Link your text to anything, including an external website or a different page. You can set your text box to expand and collapse when people click, so they can read more or less info.
Simplifying Customs Clearance for Removal Companies
With tradePhlo, removal companies can navigate customs clearance with confidence, ensuring efficiency, compliance, and cost-effectiveness. Let us handle the complexities so you can focus on what you do best – providing exceptional removal services.
Recent Publications
Frequent KYC Checks
Key Functions
Automated Verification
Interface with third-party KYC service providers like Reuters for real-time verification.
Manual Checks
Initial manual verification with checkboxes to confirm KYC completion.
Regulatory Compliance
Ensure compliance with global sanction lists and regulatory bodies.
Objective:
Ensure that all concerned parties, including borrowers, lenders, and supply chain partners, are legitimate and compliant with legal standards.
Airtight Legal Documentation
Key Functions
Master Agreements
Capture and store master legal agreements between counterparties.
Automated Documentation
Generate specific loan agreements automatically, complete with digital signatures via DocuSign.
Legal Compliance
Ensure all documents are in accordance with the relevant legal frameworks to prevent any future discrepancies.
Objective:
Ensure all activities and communications adhere to strict legal standards, providing a solid foundation for financial operations.
Accurate Visibility of Monies
Key Functions
Real-Time Tracking
Monitor all incoming and outgoing funds in real-time.
Cash Flow Forecasting
Generate detailed forecasts to anticipate financial needs and manage liquidity effectively.
Objective:
Provide clear and precise visibility of all financial transactions and cash flow projections to maintain financial stability.
Credit Limits and Collateral Requirements
Key Functions
Credit Limit Alerts
Set and monitor credit limits at various levels, including borrower, commodity, and geography.
Collateral Tracking
Maintain detailed records of collateral to ensure adequate coverage and minimize exposure.
Objective:
Manage and mitigate financial risks by defining and enforcing credit limits and ensuring sufficient collateral coverage.
Fraud Detection
Key Functions
AI-Powered Analysis
Use AI tools like ChatGPT to analyze trade documents and detect anomalies.
Continuous Monitoring
Regularly review transactions and documents to identify and flag potential fraud.
Objective:
Identify and prevent fraudulent activities through advanced analytics and continuous monitoring.
Operational Control
Key Functions
Approval Hierarchies
Implement a 4-eye principle, ensuring that no transaction is approved without review by multiple parties.
Audit Trails
Maintain detailed audit logs for all system activities to ensure transparency and accountability.
Objective:
Ensure internal controls and processes are in place to maintain operational integrity and prevent unauthorized activities.