In order to meet the FTA (free trade agreement) conditions for reduced tariffs, a certificate of origin is what an exporter needs. Earlier, the exporters would need to visit the chambers of commerce in their respective areas to get these certificates validated and stamped. Also, another option was to post the certificates to the chambers’ postal addresses. Today, there is one more option that allows electronic procedures to accomplish the task.
If you are an exporter who still continues with the manual process, it is time to know the benefits of electronic documentation that you might be missing. So, let’s compare the two options for a better understanding.
Speed
In the manual process, you might have to prepare the certificate in the relevant format or get it typed and printed out. Next, you have to submit them either in person or by post. Due to this, a lot of time may get consumed. On the other hand, you just need to type the certificate and send it via email to the chamber. It is indeed time-saving. Moreover, you may expect the response time and overall turnaround time significantly reduced.
Data Availability
While preparing the origin certificate manually, you may have to refer to different sources of information that can indeed be frustrating. Contrary to this, the advantage of centrally stored data while using the electronic alternative can make the task absolutely hassle-free. You may also automate the process using a good software tool. Furthermore, you can easily and instantly provide the required documentary proofs like bill of lading and invoices electronically as required by the chamber.
Guidance
If you are preparing an origin certificate for the first time, you might wish expert guidance to avoid any mistakes. Traditionally, you may have to look up to others for help and the chances of manual errors are still high. In contrast to this, using export documentation software or service provides quick access to online assistance that ensures an accurate documentation process.
In addition, you may also save cost and get the advantage of monthly invoices while using the electronic medium to contact a chamber of commerce. You can easily start by registering with the relevant chamber to use the online process for origin certificate stamping.
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