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MarkIt is a trade compliance infrastructure platform designed to streamline import workflows for enterprises. The system focuses on managing classification processes, maintaining audit trails, and ensuring trade compliance governance across multiple departments including legal, procurement, and logistics teams.
The platform provides enterprise-grade solutions for managing trade compliance requirements throughout the import process. It handles classification management, which is critical for proper tariff codes and duty calculations. The system maintains comprehensive audit trails to ensure compliance tracking and regulatory reporting. Trade compliance governance features help organizations maintain adherence to international trade regulations and internal policies.
MarkIt operates across three key workflow areas: legal teams use it to ensure regulatory compliance and manage risk; procurement teams leverage it for supplier compliance and import documentation; logistics teams utilize it for customs clearance and shipment tracking. The platform serves as a centralized system for managing all trade compliance activities, replacing fragmented processes with an integrated approach.
The infrastructure is positioned as an alternative to traditional customs brokers and freight forwarders, specifically referencing Flexport's original promise before becoming what the company describes as a "normal customs broker / forwarder." This suggests MarkIt focuses on the technology and compliance aspects rather than physical logistics services.
Key Features
- •Real-time Classification: Automatically classifies HS codes with 99%+ accuracy using advanced machine learning, processing products like industrial bearings and cotton shirts in a live stream to eliminate manual errors and compliance risk.
- •CF-28/29 Report Generation: Creates complete immutable records of every classification decision to support defensibility in regulatory audits, ensuring enterprises meet customs audit standards and maintain comprehensive audit trails.
- •Enterprise Integration: Offers seamless API integration with existing ERP systems such as SAP and Oracle, enabling deployment in weeks rather than months for smooth data flow between compliance and business operations.
- •Compliance Ready: Designed to meet regulatory requirements and customs audit standards, fully compliant with HS Code standards to help organizations adhere to international trade regulations and internal policies.
Publisher
A
admin
Launch Date2026-05-12
Pricingfree