Reducing shortfall in duties revenue www .glisc o.ai Glisco.ai’s artificial intelligence technology helps Customs in economic transformation The Customs Department of a Middle Eastern emerging market needed to modernise their economic programme. They estimated that fraud and errors accounted for 40%-60% shortfall in duties revenue. Their key strategic mission is allowing trade to flow efficiently (achieving less than 24 hours clearance), while managing risks and raising revenue effectively. Glisco.ai developed an AI application to quickly detect risk of undervaluation automatically and applied it during the clearance stage and the post-clearance audits. Machine learning experts, data engineers, auditors, risk analysts and revenue analysts worked together to speed up innovation. Pro

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