Digital Track and Trace Systems
Digital Track and Trace for enhanced tax compliance and combating illicit trade across the supply chain.
Executive Summary
traceCORE's Digital Track and Trace Systems provide a comprehensive solution for monitoring product movements throughout the entire supply chain, from manufacturing to the point of sale. This robust platform is designed to ensure accurate tax collection, combat illicit trade, and enhance overall supply chain transparency. By leveraging digital markers and advanced tracking capabilities, traceCORE helps governments and businesses maintain fiscal integrity and prevent the flow of counterfeit or untaxed goods. The system integrates seamlessly with existing sales applications, accounting systems, and tax authority information systems via open APIs. It automates critical processes such as VAT reporting, tax accrual, and e-invoicing, significantly streamlining tax administration. Furthermore, traceCORE's solutions include features like legislation monitoring, which automatically tracks legal changes and adjusts processes, ensuring continuous compliance in dynamic regulatory environments. traceCORE aims to modernize fiscal systems by replacing legacy setups with cloud-based modules, offering real-time data access and flexible reporting. This digital transformation not only improves efficiency and reduces administrative burdens but also provides powerful tools for combating the shadow economy and ensuring fair competition.
Use Cases
- Ensuring accurate tax collection and reporting across the supply chain.
- Combating illicit trade and counterfeit goods through comprehensive traceability.
- Automating VAT reporting and e-invoicing for B2B and B2C transactions.
- Monitoring the legality of specific products like mobile devices for tax compliance.
- Facilitating tax payments for self-employed individuals on digital labor platforms.
Features
Visibility
- Real-time Transaction Visibility: Access registered fiscal transactions and product movement data online 24/7.
- Comprehensive Supply Chain Traceability: Monitor product movements across all supply chain levels within a single, unified platform.
Intelligence
- AI-Powered Tax Automation: Automates VAT reporting, tax accrual, and e-invoicing using AI for enhanced efficiency.
- Automated Legislation Monitoring: Automatically tracks legal changes and adjusts compliance processes to ensure continuous adherence.
Technical Specifications
- Architecture
- Cloud-native, API-first architecture designed for seamless integration and scalability.
- Deployment
- SaaS
- API Available
- Yes
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About traceCORE
traceCORE is a digital transformation advisor and software solutions provider specializing in government services. They empower governments globally with expertise and digital tax solutions, including B2B E-Invoicing, SoftPOS Payment, and Digital Track and Trace systems, to enhance tax compliance and transparency.