Case Study: a leading customs organization achieves a 155% increase in seizure rate with Cognyte's NEXYTE

Combating Customs Fraud and Tax Evasion Case Study

A leading customs organization in Latin America faced significant challenges with customs fraud and tax evasion, resulting in major revenue losses. They struggled with siloed data systems and a lack of predictive analytics, forcing them to rely on random inspections. They turned to Cognyte and its NEXYTE decision intelligence platform for a solution.

Cognyte implemented its NEXYTE platform, which fused the organization's disparate data sources and used a tailored machine learning model to automatically risk-score every incoming package. This solution enabled a 155% increase in the customs seizure rate and led to a significant improvement in revenue collection by allowing inspectors to proactively target high-risk shipments.