Currency Conversion
Automatic currency conversion is a powerful feature of Dexter that enables businesses to streamline their customs declaration process by automatically converting currency values found on customs documents to the currencies required in the customs declaration. This feature can even work with documents that have values with mixed currencies, ensuring accuracy and completeness of the declaration.
With Dexter's highly customizable data extraction feature, businesses can define custom validation rules to ensure the accuracy and completeness of extracted data. This includes the ability to use special currency conversion tables, such as the IATA exchange rates, to ensure compliance with regulations and avoid potential fines or penalties.
By automating the currency conversion process, businesses can save valuable time and resources, and focus on more value-adding tasks. This feature also provides businesses with greater control over their supply chain and enables them to make more informed decisions regarding their import and export operations.
Overall, Dexter's automatic currency conversion feature is a vital tool that enables businesses to streamline their customs declaration process, ensure compliance with regulations, and avoid potential fines or penalties. By automating the currency conversion process, businesses can provide accurate and complete information to customs officials, avoid potential delays or complications, and focus on more value-adding tasks.
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