Many companies have chosen to embrace the benefits offered by SAP, Oracle and other Tier I ERP, CRM and MRP technologies. While they often open communications within and between departments, there can be inherent trade compliance gaps. Some gaps are a result of the quality of international trade content, such as screening lists. Others are a result of specific functionality, and coverage of locations not yet rolled into the enterprise system.
Most compliance professionals also find their eCommerce technologies usually lack the sort of robust trade compliance protection and functionality necessary to adequately protect against the regulatory and market consequences of a trade compliance violation that hits the 6 o'clock news.
Supplementing your solutions with capabilities that allow you to go beyond your constraints makes sense. There’s no point having a great system, and using sub-standard trade data. Or exposing the entire organization to risk because one or more new acquisitions have yet to be integrated.
Solutions that bridge content and functional gaps
Visual Compliance can bridge these gaps in a cost-effective, compliance-focused fashion with virtually no resources from your IT department — and in record time. Experience the accuracy companies have come to expect from Visual Compliance with the additional benefit of being an integrated piece of your infrastructure.
In addition to bridging compliance gaps in your trade compliance, anti-money laundering (AML) and enhanced due diligence programs, you'll gain access to the full dataset to power your global or international trade modules:
- Up-to-date restricted, denied and sanctioned party lists, tariff and other master data
- Automate screening of parties at business process points where extensions to your system are costly
- Add continuous compliance with automated rescreening that requires no additional effort
- Implement effective and efficient case management tools
- Record technical data exports against licenses and agreements
- Record and report on exemptions used
- Decrement and add against licenses where your GTS/ITM is not implemented
Visual Compliance is extremely straightforward to implement and requires virtually no maintenance. And because it's exceptionally easy to use, you'll find update rates exceed your expectations.
With a seamless integration, you'll be leveraging your existing investments in IT infrastructure. And with new functionality, you'll be protecting your staff, company and executive from the significant risks — and penalties — of non-compliance with laws and regulations designed to protect the Homeland Security of the U.S. and its Allies.
For more Information
For more information, call toll-free 1-877-328-7866 and talk to one of our foreign trade compliance consultants. They'll help you analyze your requirements, evaluate your options, and provide focused demonstrations. Or send an email.
Visual Compliance provides robust, cost-effective automation solutions and regulatory content to manage all of aspects of foreign trade compliance. With over 30 years of experience helping companies easily gain control and visibility over their compliance issues and processes, our solutions are relied on by more than 4,000 companies at home, and abroad.
