For manufacturers, bonded zones offer significant tax benefits, although they also come with strict rules that require precision and transparency. Due to its complexity, the procedure often leads to errors in IT inventory, particularly if it's not managed correctly. 

These errors can result in penalties and audits. In the worst case, the company can lose its bonded zones' privileges. And of course, it will directly impact company leaders and all business performances.

To avoid these problems, the company management must find a way to transform bonded zones IT inventory into a source of cost efficiency and strategic assets.

The Financial Challenges of Operating in Bonded Zones

Company managements typically encounter some financial challenges during operations in bonded zones.

• Compliance costs and complex reporting

Direktorat Jenderal Bea dan Cukai (DJBC) in Indonesia requires a CEISA 4.0-compatible IT inventory system to ensure data accuracy and transparency. That's why having a well-controlled and precise real-time tracking of the goods is essential for any company in bonded zones. 

If your business continues to use outdated systems or conduct manual tracking, problems may arise, including delayed reporting and inaccurate data. As a result, your company has to deal with audits or penalties.

• Audit errors and financial risks

Companies often encounter many errors during the operation, such as incorrect withdrawal data or missing stock entries.

If these incidents had occurred, your company would have had to deal with additional financial penalties or customs audits. To address the issues, you must pay taxes back that will impact your company’s cash flows. Moreover, this incident frequently interrupted production schedules and resulted in a greater financial burden.

Turning IT Inventory into a Strategic Leadership Tool

With the financial challenges in bonded zones, the management can start to view IT inventory as a financial tool to manage complex procedures. But what does IT inventory offer?

• Real-time financial visibility

IT inventory helps the finance team to monitor inventory value, depreciation, and usage trends. By doing so, they can make a more accurate budget.

• Strong risk management

This tool offers several features, including full integration, automated audit trails, and access control, to detect anomalies before they escalate into larger problems.

By implementing and synchronizing bonded zones IT inventory with your company's financial system, the company management can have a solution to address many potential problems. It will not only support your company's operations but also ensure compliance and help with decision-making. 

SystemEver: A Trusted Partner for The Company Management

Recognizing the burden of the company management regarding bonded zones, SystemEver offers a category A-certified IT inventory system that has been fully integrated with DJBC's CEISA platform. This tool can automatically make validated custom reports, track movements in real-time, and detect anomalies that may escalate into larger problems. This, of course, provides greater benefits for the management.

Although they have some benefits, bonded zones can be burdensome for management. However, you can protect tax privileges and achieve cost efficiency with proper management and a well-organized system, such as the bonded zones IT inventory system from SystemEver.

Contact SystemEver today and discover how IT Inventory can become a strategic asset for your company.