Global Trade ClassifierWorld-Class Global Import/Export Classification Software from Thomson Reuters
Reduce time spent on manual tariff code lookup and improve accuracy of product classification
Thomson Reuters ONESOURCE™ streamlines and automates your classification workflow with our Classifier so you can reduce the time and resources spent on classification, increase accuracy and improve collaboration across your organization. You can upload your product database into the application and run a batch classification to assign a six-digit HS code or run an audit to validate their previously classified products, reducing time spent classifying individual products.Learn more
Product Classification continues to be a manual, challenging task for most organizations. Industry studies suggest that as many as 20-30 percent of product classifications are incorrect leading to supply chain delays, over-payment of duties, risk of penalties, and an increased likelihood of customs audits.Register
Features of our import/export classification software
Reduce resources and improve classification accuracy
Automate your assignment, management and tracking of classification activities. Classifier sets up tasks for products requiring classification and assigns to individuals based on organizational structure.
Experience semi-automated batch classification & audit
You can upload your product database into our application and run a batch classification to assign a six-digit HS code or run an audit to validate their previously classified products.
Ensure consistency in classification decisions across business units & locations
Customers can create and share product information across their organization by creating single or multiple instances of their product database within Classifier.
Maintain audit trail for classification decisions and tariff code lookup
Attach supporting documentation to your individual product records that support classification, valuation and duty calculations. These may include an HS code classification certificate capturing details on individual product classifications, internal documents/drawings/images, notes, email exchanges and supporting regulatory documents.
Research and Guidance
Also available: Get research, guidance and tools combined with compliance software for all your classification needs – with ONESOURCE Global Trade Classifier on Thomson Reuters Checkpoint.ONESOURCE Global Trade Classifier PDF - 820kb
Explore the 2nd Annual Global Trade Management Survey Results
A majority of global trade departments lack the systems, processes and visibility needed across supply chains to maximize incentives and internal resources to thrive in today’s highly-dynamic global marketplace. Find out more global findings, key trends and regional and industry-specific data.Global Trade Survey
- The WCO 2017 Tariff Classification Changes and the Effects upon Thailand Adoption 24 Mar, 2017 - WCO 2017 Version of the Harmonized System Every 5 years the World Customs Organization has the duty under the 1983 HS Convention Article 16 to provide an update amendment, guideline and recommendation of an “Internationally Standardized and Recognized System of Names and Numbers”. The “Harmonized Commodity Description and Coding System”, abbreviated as “HS”, [...]