iCustoms
AI-powered trade compliance to simplify customs declarations and reduce errors.
Executive Summary
iCustoms is an award-winning, cloud-based AI-powered global trade compliance management software designed to simplify complex cross-border trade processes. It automates customs declarations, reduces errors, and saves time and costs for businesses, customs agents, and carriers. The platform leverages machine learning capabilities to streamline customs operations efficiently. The solution enables users to effortlessly manage import and export declarations across multiple countries, including 22 EU member states, from a unified digital command center. Key functionalities include quickly finding HS codes, screening restricted goods, calculating duties, and simplifying global cargo and security filings. By utilizing AI-driven Intelligent Document Processing (IDP), iCustoms automates customs declarations with high accuracy, achieving up to 99% accuracy and significantly reducing the time required for filings, often to just minutes or even 90 seconds for security filings.
Use Cases
- Automating import and export customs declarations across multiple countries.
- Calculating landed costs, duties, and taxes for optimized trade.
- Ensuring compliance with evolving international customs regulations, including EU ICS2 security filings.
- Streamlining HS code classification and screening for restricted goods.
- Integrating with existing ERP, accounting, and eCommerce systems for seamless data flow.
Features
Visibility
- Centralized EU Customs Filing: Manage all export declarations across 22 EU countries from one digital command center.
- Real-time Declaration Status: Track the progress and status of all customs declarations and security filings in real-time.
Intelligence
- AI-Powered HS Code Finder: Quickly and accurately find Harmonized System (HS) codes for goods, reducing classification errors.
- Automated Duty & Tax Calculation: Simplify the calculation of customs charges, duties, and taxes with an AI-driven landed cost calculator.
- Restricted Goods Screening: Automatically screen goods against restricted lists to ensure compliance and prevent shipping delays.
Technical Specifications
- Architecture
- Cloud-based
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- Machine Learning
- Intelligent Document Processing (IDP)
Security & Compliance
Certifications: ISO 27001, SOC 2, GDPR compliance, CBP ACE certification
Pricing
- Starting Price
- Contact sales
- Free Trial
- No
About iCustoms
iCustoms is an AI-powered trade compliance management platform that automates customs processes such as product classification, compliance checks, and declaration. It offers fully automated customs management solutions to simplify declarations and reduce errors for businesses.