Altana AI
UnclaimedAI-powered network for trusted global trade and supply chain management.
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TL;DR - Altana AI
- AI-powered network for global supply chain transparency and trusted trade.
- Streamlines trade compliance, duty calculation, and risk screening for businesses and governments.
- Enables public-private collaboration to enhance supply chain resilience and security.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Significantly reduces customs filing times (8x faster)
- Identifies substantial duty savings for customers (average $300M+)
- Avoids detention costs (average $5M+)
- Enhances compliance and reduces audit risks through proactive validation
- Provides deep visibility into product value chains down to raw materials
Cons
- Requires integration and collaboration across multiple parties in the supply chain
- The complexity of global trade regulations means continuous adaptation of the AI model is necessary
Key Features
AI-powered Product Network for unified product informationAutomated duty calculation with complex tariff stacking rulesTariff simulation for forecasting duty impact by supplier, component, and countryContinuous transaction screening for misclassification, origin, valuation, forced labor, and restricted partiesProduct Passports for pre-validation and continuous compliance monitoringHS classification with AI-driven assistance and collaborationFTA qualification and filing supportPGA analysis for flagging requirements and populating attestations
Pricing
Paid
Altana AI offers paid plans. Visit their website for current pricing details.
About Altana AI
By Toolradar Team·
Altana AI provides an AI-powered network that unites businesses, supply chain partners, and governments to create a single, trusted source of product information. This platform helps businesses build more efficient, resilient, and secure supply chains by automating trade information and processes, improving compliance, and optimizing working capital. For governments, Altana AI enhances security, manages borders, and promotes economic growth by providing visibility into product value chains down to raw materials, enabling more precise enforcement and faster clearance of trusted goods.
The platform is designed for importers, suppliers, logistics providers, and regulators. It facilitates public-private collaboration, enabling proactive compliance, accurate duty calculation, and risk remediation. By leveraging AI, Altana AI helps identify tariff evasion, sanctions exposure, forced labor risks, and narcotics trafficking, while also streamlining customs filing and ensuring continuous compliance through 'Product Passports' that pre-validate shipments.
How we evaluate tools →Source: altana.ai
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Altana AI FAQ
How do Altana's 'Product Passports' facilitate faster border clearance for trusted importers?
Product Passports enable importers to pre-validate compliance with U.S. Customs and Border Protection (CBP) before shipments reach the border. These trusted products then move through a fast lane with continuous AI monitoring, ensuring ongoing compliance and accelerating future border crossings, effectively acting as a 'Global Entry for Goods'.
What specific types of risks does Altana's AI screen for in product value chains?
Altana's AI continuously screens goods and their value chains for a comprehensive range of risks, including tariff evasion, sanctions exposure, forced labor, narcotics trafficking, misclassification, country of origin discrepancies, valuation errors, and involvement with restricted parties.
Can Altana AI help businesses understand the tariff impact of different sourcing scenarios?
Yes, Altana AI includes a tariff simulation feature that allows businesses to model supplier-level tariff exposure across various sourcing scenarios. This helps forecast the duty impact by supplier, component, and country, enabling strategic decision-making to optimize costs.
How does Altana AI support collaboration between importers, suppliers, and logistics providers for trade compliance?
The platform provides a common picture of products and risk factors, allowing these parties to communicate effectively. Importers can manage value chains and gather documentation, suppliers can respond to information requests, and logistics providers can collaborate on AI-powered product catalogs to ensure accurate customs entries and identify tariff savings opportunities.
What is the role of U.S. Customs and Border Protection (CBP) in the Altana network?
CBP is a key partner in developing Altana's modern trade infrastructure. They utilize Altana's AI to review flags for potential issues like transshipment or forced labor, enforce policy, and prioritize high-risk shipments for review, while pre-validating compliant goods for faster clearance, enhancing enforcement and accelerating trade for trusted importers.
Source: altana.ai