As companies have increasingly looked to foreign markets as a means to grow top line revenues, exports have boomed. Unfortunately, so too has complexity. Exporting to a handful of customers within one geography might have been manageable with spreadsheets, but as companies have added more customers across more geographies, the compliance challenge has mushroomed; so too has the risk of violation.
Many exporters struggle to effectively screen potential customers against restricted party lists, determine license requirements, check the validity of licenses, and generate the documentation required for partners and customers.
Amber Road's export compliance solution automates the necessary compliance functions including restricted party screening (RPS), export license determination and tracking, shipping document generation and government reporting. Audit trails and complete management reporting provide you with a compliant process that adheres to government regulations and reduces risks and costs associated with global trade.
