The global leader in revenue leakage forensics

The RiskLab Bi™ solution has been exclusively designed to help Customs Administrations identify and resolve problems being faced with revenue leakage and trade compliance that are impacting duty and tax collections, trade agreements and revenue management capabilities.

Our solution highlights where revenue leakage and / or non-compliance is occurring and helps our clients identify short and long-term solutions to recoup lost revenue to bolster government coffers, and achieve greater trade compliance with your trading community.

Our approach focuses on two key components that work together to produce results:

1)       The first is the deployment of a small team of international and industry leading Customs audit, investigations, commercial and systems experts who will examine current clearance processes, systems, and Customs data to detect likely causes of problems.

2)      The second component is the detailed and secure analysis of Customs transactional data by TTEK’s Data Analytics Experts using our proprietary diagnostic tool, RiskLab Bi™.

The RiskLab Bi™ solution is the most effective application in the market to detect lost or evaded revenue. The perfect targeting complement for Post Clearance Audit operations, RiskLab Bi™ can highlight attempts at undervaluation, mis-description, mis-classification, and misdeclaration of origin.

At the end of the engagement, the client will receive a detailed analysis ‘pinpointing’ the causes of revenue leakage and non-compliance as well as TTEK’s assessment of what solutions are required to address these causes.

Want to learn more?  Contact us.