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Automated classification with Smart HS
Product classification has never been easier.
Artificial intelligence has the potential to truly transform the routine classification process. Classification assistance software that’s rooted in the principles of AI can help you streamline the classification process and avoid the accidental under or overpayment of duties. Gain confidence and improve your level of compliance with automated 6-digit product classification for 178 countries worldwide and a customs-ready audit trail.
Companies continue to struggle with classification. Here’s why
- Keeping up with regulatory changes and analyzing their impact across the entire value chain can cost you upwards of 30-35 hours of productive time every week.
- Even the slightest delay or error in communicating compliance requirement updates to relevant partners can result in the stoppage of your products at the borders.
- Tracking hundreds of thousands of products with varying regulatory standards across multiple countries, on a daily basis, is incredibly complicated. Even minor variations can change the product classification and cause a stark disparity in the duties paid.
Simple and intuitive, the Smart HS classification tool works in 3 easy steps
Enter a basic product description such as a wooden chair or turbine engine.
If required, the software will guide you through a series of tailored questions, which use product characteristics taken from the tariff schedule, to recommend an HS number at the 6-digit, WCO level.
You can then select the correct, fully qualified HS number with the use of additional navigation and research tools.
What you get with AI-powered classification
Reduce your risk of noncompliance and incorrect duty payments by improving the accuracy of your classifications
Save time with automated 6-digit classifications, allowing you to shift your attention to more strategic activities
Enhance your country-specific research capabilities by leveraging the most comprehensive database of trade regulations on the market today, which is updated 24/7 and includes tariffs schedules, duty rates, binding rulings, and more