Integrated Trade Facilitation Services
Integrated Trade Facilitation Services (ITFS) is a Business to Government (B2G) and Government to Government (G2G) solution aimed at simplifying and streamlining government transactions with external parties, agencies or departments within a government. The process of manually submitting information and paperwork to multiple government agencies can require a needless duplication of effort on the company’s part, and can also increase the chances of errors, conflicting information and other issues that can delay the approval process.
Without integrated trade facilitation service solutions, trading organizations are confronted by excessive reporting requirements, multiple forms, systems and messages. Generally, the more agencies involved, the greater the complexity of the trade process for all international trade parties involved.