Benefits of Asycuda World
- Allows for 24/7 online access to declaration processing and other system resources
- Speeds up the assessment of customs declarations
- Significantly reduces transaction time for payment and release of cargo
- Improves accountability for revenue collection and cargo consignments
- Limits discretionary powers of Customs Officials
- Facilitates the use of risk management and selectivity principles
- Encourages voluntary compliance by importers
- Provides for real-time reporting and generation of statistics on demand
- Provides an opportunity for other administrations to interact with customs more efficiently: Bureau of standards and other administration who provide permits and licenses.
- Increases efficiency of record-keeping problems of lost declarations and paper invoices
- Encourages the modernization of customs by providing: opportunities for alternative payment options eg prepayments, credit encourages activities with larger companies