PricewaterhouseCoopers certifies AEB’s Classification Solution

AEB (International) Ltd's ASSIST4 Classification 3.0, together with the SAP® plug-in ATC :: Classification have been audited and certified by PricewaterhouseCoopers (PwC), the world’s largest professional services and public audit firm.
 
LEAMINGTON, U.K. - Oct. 25, 2013 - PRLog -- AEB (International) Ltd, a leading provider of supply chain management and global trade software, has announced that its solution ASSIST4 Classification 3.0, together with the SAP® plug-in ATC :: Classification, have been audited and certified by  PricewaterhouseCoopers (PwC), the world’s largest professional services and public audit firm.

AEB’s classification solution accelerates the product classification process and largely automates it. All necessary sources of information, be it legislation, EU dual-use lists or database links, are just a mouse-click away. Businesses are alerted when new commodity codes come into effect at the start of a new year, and reclassifications based on legacy data are quick and reliable, so you’ll never miss another deadline. All product classifications are embedded in a transparent, fully documented workflow.

For companies without software support, the process of categorising goods and materials with the correct customs tariff number is both complex and tedious. Sifting through the entire nomenclature - consisting of 21 sections, 96 chapters and over 5,000 subheadings - in order to find the right code is a time consuming and complex task that requires a high level of expertise. With their self-learning algorithms, AEB’s solutions ASSIST4 Classification and the SAP® plug-in ATC :: Classification simplify this process.

PwC‘s auditors had access to AEB‘s test systems and conducted interviews with AEB developers and product managers. In addition to examining the software’s functionality, they also took into account the data service, documentation and the development and quality assurance processes. The certified AEB Classification software supports users in classifying materials according to the customs tariff and export control list. All relevant rules are considered automatically: nomenclature including notes, coded documents, explanatory notes, footnotes, mapping directory, etc.

PwC assessed functionalities that are relevant for the classification of materials with respect to commodity codes (export), customs tariff codes (import) and EU dual-use number, in particular:

- Maintenance of material data including supplementary data
- Import and export of material data
- Various procedures for classification of materials
- Release of classified materials
- Display of data relevant for import and export
- Year-end changes for materials with SAP Plug-in.

Claire Umney, General Manager of AEB (International) Ltd said: “PwC’s auditors were careful to obtain all relevant information with regards to quality management, product development and life cycle management from AEB. We were particularly impressed by how meticulously they tested the software and even provided suggestions for future software developments.”

ASSIST4 Classification is the second of AEB’s solutions to be certified by PwC. In 2012, AEB’s compliance solution was audited, gaining certification for all applicable products: ASSIST4 Compliance & Risk Management; ATC :: Compliance; and COMPLIANCE||XPRESS; including the sanctions list screening, EU export controls, and U.S. EAR export controls modules.

The PwC certificate can be downloaded from AEB’s website, http://www.aeb.com/uk/assist4/customs-management/classification-software-certificate.php.

Contacts
For further information, photos or interview requests, please contact Andrea Krug, Krug Communications Ltd, tel. +44 (0)7740 245 867, email: andrea@krugcomms.com. To find out more about AEB’s software solutions please visit www.aeb-international.co.uk.

Notes to Editors

About AEB (www.aeb-international.co.uk)

AEB is one of Europe's leading providers of supply chain logistics software and has been delivering solutions to customers for over thirty years. The company has over 6,000 customers worldwide and is headquartered in Stuttgart, Germany, supported by offices in the UK, Switzerland, Singapore and the U.S.  AEB’s core product - ASSIST4 - is the comprehensive solution suite for all logistics processes in global business. ASSIST4 offers a complete set of business services for end-to-end logistics, including international goods movements, making it possible to standardise and automate business processes in supply chain execution. ASSIST4 also creates transparency and provides a reliable basis for making the right decisions about the planning, monitoring, control and continual optimisation of supply networks, even beyond the boundaries of the business. The ASSIST4 suite offers full functionality via a wide range of modules including Visibility &Collaboration Platform, Order Management, Warehouse Management, Transport & Freight Management, Customs Management and Compliance & Risk Management.

About PricewaterhouseCoopers (www.pwc.co.uk)
PwC helps organisations and individuals create the value they’re looking for. It is a network of firms in 158 countries with over 180,000 people who are committed to delivering quality in assurance, tax and advisory services.
End
Source: » Follow
Email:***@krugcomms.com Email Verified
Tags:Pwc, Classification, Global, Trade, Customs
Industry:Software, Shipping
Location:Leamington - Warwickshire - England
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
AEB (International) Ltd News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share