International trade is ever evolving and the demand for international goods is always increasing. Failing to comply with U.S. Export Control laws can have significant impacts on your business. An effective trade compliance software can help ensure complex regulatory requirements are met and and goods are shipped on schedule without issue.
When evaluating a Trade Management Solution ensure it offers the following features:
- Automatic updates to trade compliance content & regulation changes
- Intelligent screening of trading partners, countries and restricted parties
- Smart “White Listing”
- Embargoed country screening
- License determination and management
- Data integrity and product-related compliance checks
- Trade partnership questionnaires
- Easy to use compliance management console
- Management by exception
- Audit trail and reporting
PRECISION Trade Compliance offers all of these features along with the ability to automate compliance checks and audit your compliance processes to ensure due diligence with in-country regulatory programs or cross-border customs requirements.
Want to know more? Watch our Trade Compliance Video!