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EAST RUTHERFORD,
NJ, August 10, 2011 --
Management Dynamics, a leading
provider of global trade
management solutions, today
announced the release of Export
On-Demand 1.2, its export
compliance solution for small
and medium-sized exporters. The
new release provides for
enhanced compliance screening
and management of export
licenses. Easily configured and
deployed in a SaaS-based model,
Export On-Demand can be
implemented in a modular fashion
without the cost and expense of
an on-premise solution.
"This latest release of Export
On-Demand improves support for
global exporters with enhanced
embargo and restricted party
screening, as well as a new
license determination and
management module," stated
Nathan Pieri, senior vice
president, marketing and product
management for Management
Dynamics. "The modularity of
Export On-Demand allows our
clients to first establish a
foundation by managing product
compliance and screening
parties, then adding successive
capabilities such as global
license management, document
generation and filing."
New features include the
following:
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Global
license determination -
Access regulatory control
content for over 100
countries to determine
whether licenses are
required when exporting from
those countries, including
US re-export license
determination
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Enhanced
license management -
Account for license usage by
quantity and dollar value,
and choose whether to
auto-apply a license based
on sophisticated rules that
check the validity of the
license
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Global
embargo configuration -
Configure new embargo
screening options for
specific compliance policies
by country
-
Warning word dictionary
- Define keywords that will
immediately cause a
transaction to be put on
hold for further
investigation
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Retroactive list
screening -When adding a
new restricted party list,
users may choose to screen
all trade partners at once,
or only new and updated
partners against the added
list
Export On-Demand
1.2 helps companies to quickly
and efficiently develop an
Export Management and Compliance
Program (EMCP), and take
advantage of new government
programs such as the National
Export Initiative (NEI) in the
United States. Taking advantage
of the modular, on-demand
deployment, companies may
efficiently build a program in
phases, and cost-effectively
enter new international markets.
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