Dutywise operates as a full-service customs brokerage specializing in duty drawback recovery. Their proprietary, AI-powered platform integrates directly with CBP to streamline data collection, claim validation, and document retention for increased compliance. This service helps importers maximize refunds on duties, taxes, and fees associated with exported or destroyed imported goods.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses are unaware that they are eligible to recover customs duties and fees paid on imported goods that are subsequently exported or destroyed. The process of collecting, validating, and submitting duty drawback claims is often complex, time-consuming, and requires specialized knowledge, deterring companies from pursuing these refunds.
Solution
Dutywise offers an AI-powered platform that automates the duty drawback process, enabling businesses to recover up to 99% of eligible customs duties and fees. The platform integrates directly with existing ERP and ACE systems to streamline data collection, validation, and submission to CBP. Dutywise's proprietary validation engine flags potential issues and ensures accurate claim processing, while secure document retention simplifies compliance and records management. The cloud-based platform handles the entire drawback claim from start to finish, providing audit support and ensuring compliance with CBP requirements.
Target Audience
Dutywise primarily serves businesses that import goods and subsequently export them or destroy them, including manufacturers, distributors, and retailers involved in international trade.
Features
- Seamless data collection through direct integration with ERP and ACE systems
- Proprietary validation engine to flag and correct potential claim issues
- Secure, cloud-based document management for compliance and easy retrieval
- Automated claim preparation and submission to CBP
- Real-time claim tracking and status updates
- Audit support for all CBP inquiries related to claim submissions
- Bank-grade security and encryption to protect sensitive data
- Customizable reporting and analytics dashboards