facilitation

TTEK’s White Paper on CBM for UAE is Foundational -Provides a Roadmap for Other Countries to Consider

TTEK’s White Paper on CBM for UAE is Foundational -Provides a Roadmap for Other Countries to Consider

Coordinated Border Management (CBM) is a concept providing the principles and frameworks for multiple agency coordination and cooperation. Constructive discussion on CBM between the right stakeholders can define a roadmap for establishing a structured and effective collaboration among border agencies, which in turn will provide the necessary balance for success. Success is achieved by balancing trade facilitation with enhanced security controls, which will result in economic prosperity for the UAE and it’s regional partners.

TTEK’s Framework for Recouping Lost or Evaded Revenue on Display in the Caribbean

TTEK’s Framework for Recouping Lost or Evaded Revenue on Display in the Caribbean

TTEK recently re-started a Customs revenue enhancement engagement with the Bahamas Ministry of Finance, after it was temporarily paused due to Covid-19 and the ongoing pandemic travel restrictions back in June 2020. This current phase of the project has primarily focused on strengthening the capabilities of the Bahamas Customs Post Clearance Audit (PCA) program. Prior to this phase, TTEK’s Ai-driven technology was employed to perform a revenue forensics analysis, which identified the most likely areas of revenue leakage associated with recent importations.

Perspective on Risk Management Systems for Customs Administrations

Read what CEO and Founder Chris Thibedeau has to say about data, analytics and frameworks that are crucial for the strategic, operational, and tactical decision-making by officers at the border.

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“As a vendor who designs and deploys border processing systems, we have seen many Customs and border administrations make significant investments towards optimizing and modernizing their border processing capabilities and methodologies in an effort to meet the demands of today’s fast-paced international trade environment.”

“Some administrations build, for example, Single Window environments with automated control mechanisms for licences, permits, certificates and other documentation (LPCO) required by other government agencies (OGAs). But while this can help reduce release times and promote trade facilitation, the other key variable involves the introduction of an effective risk management regime.”

SELECTIVITY IS KEY

“The landscape of risk management technology solutions for Customs administrations varies widely. In some instances, we find smaller economies and lower GDP nations not using risk-based decision making at the border”…(read more)

Customs Risk Management System Checklist - Compare Available Applications with 55 Functions

Customs Risk Management System Checklist  - Compare Available Applications with 55 Functions

Through our market analysis and customer engagements, we have learned that many Customs administrations are not entirely clear on what systems are indeed available in the market, or how to compare those applications.  We believe it's necessary to create a common and fair playing ground to compare the options, and TTEK is certainly prepared to be considered in any cross functional comparison.  As such we've prepared a checklist to assist those customs administrations who seek a leading edge operational risk management solution.  Our list includes 55 functions that you should be measuring when considering a risk management solution.

Contact us for more info or visit www.ttekglobal.com