As companies continue to look to foreign markets as a means to grow top line revenues, exports have boomed. Unfortunately, with more customers spread across more geographies, the export compliance challenge has mushroomed, and so has the risk of regulatory violations. Many exporters struggle to effectively screen potential customers against restricted party lists, determine license requirements, perform export compliance checks, and generate international trade documents.
Amber Road's solutions automate the necessary export compliance and transactional functions including country controls, restricted party screening (RPS), license determination and tracking, document generation, and filing. Audit trails and complete management reporting promote compliant and efficient trade processes, reducing the risks and costs associated with exporting goods.