Eurora and DPDgroup to automate cross-border trade compliance

Marko Lastik, founder & Group Chief Executive Officer at Eurora

Eurora Solutions, the provider of an AI/ML backed cross-border trade compliance platform, launches a partnership with DPDgroup, one of the world’s leading parcel delivery network. This partnership will enable DPDgroup, which delivers 2.1 billion parcels yearly, to enhance its quality and compliance processes whilst lowering the costs of customs processing.

How will DPDgroup leverage Eurora’s platform?

DPDgroup will use Eurora’s platform to automate the allocation of product classification (HS) codes and compliance with the export control rules applied in the EU, the UK, and US. The allocation of product classification codes and export control classification (ECCN code) is pivotal within the export process, as these classifications are needed to prove all restrictions and license requirements have been duly checked by the shipper before exporting an item.

Eurora’s compliance platform processes up to 5,000 requests per second with 98% accuracy – the highest level of accuracy, speed, and automation available in the market. As there are more than 15,000 10-digit commodity codes in the EU alone, it is impossible to match this speed and cost with manual or hybrid methods. Both firms are looking towards extending the geographical coverage of export compliance services, namely to the Middle East and Asia.

What were the executives’ thoughts on the partnership?

“In a context where product safety and transport security processes are key, and with growing international activity, we always aim to enhance quality and compliance,” said Olivier Tsalpatouros, Senior Director Regulatory & Global Trade Affairs at DPDgroup.

“Using AI and Machine Learning solutions will help us improve the scalability and reliability of our international operations, while paving the path for future opportunities like new customer services, new geography, and further automation,” Olivier Tsalpatouros further commented.

“Eurora and the DPDgroup have been working together since the start of 2022 to elaborate the rules of jurisdictions, containing a wide range of classification rules and restrictions that have been learned by the Eurora machine,” said Marko Lastik, founder & Group CEO, Eurora.

“Years of research and developing machine learning capabilities have allowed Eurora to show that we are trusted by the logistics and postal industry. Eurora AI engine can find the most appropriate response from a large amount of data by learning from constantly adding data.”