Shifting to paperiess trade processes would reduce costs for inventory and assist in improved resouce allocation as personnel would not be required for trivial and mundane tasks such as preparation and cross checking of numerous documents.
In totality, a fully digitized system provides all users with the means to do away with inefficienciesthat hold back the speed of document processing, approval, communication and inspection stages.
Further benefits such as the dissemination of data through multiple agencies ranging from border control authorities freight forwarders, customs brokers, shipping agents, banks and so on will result in improved inter-agency coordination and increased transparency.
The tradeIT software program compliments the proposed Sri Lanka National Window by enabling internation traders to link directly to the National Single Window Hub.