RPS 1

RESTRICTED PARTY SCREENING

Reduce regulatory exposure and mitigate global trade compliance risks with QAD Precision’s automated Restricted Party Screening software.

RPS 2

Restricted Party Screening, Made Easy

STREAMLINE DENIED PARTY SCREENING

Government bodies and international organizations issue lists of individuals, groups and entities with whom it is illegal to do business. These restricted or denied party lists aim to prevent companies from trading with those profiteering from organized crime, the proliferation of nuclear weapons, or terrorism. 

In order to comply with global trade regulations, companies must ensure that their trading partners do not appear on any restricted party lists. Enterprises that do not adequately screen their trading partners can face severe penalties. However, these denied party lists are subject to frequent changes — sometimes thousands a year. This makes manually updating and checking against current information an almost impossible task. As a result, more and more companies are turning to automated denied party screening software.

With QAD Precision’s automated Restricted Party Screening software, companies can perform due diligence, stay up-to-date with denied party lists and create audit-ready electronic reports.

RPS 3

KEY FEATURES OF QAD PRECISION GLOBAL TRADE COMPLIANCE

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Verify trading partners
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Leverage automatic alerts and system holds
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Automatically update compliance content
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Perform due diligence
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Determine end use
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Create audit ready reports

RPS 4

Screen & Verify

VALIDATE TRADING PARTNERS AUTOMATICALLY

With QAD Precision Restricted Party Screening, enterprises can automatically validate that they are not trading with sanctioned groups, individuals or entities that appear on the official lists published by government bodies and agencies around the world. QAD Precision also screens against ‘Watch Lists’ for groups and individuals with known financial, criminal, or ethics violations.

Add Screening to Workflow

SCREEN WHEN YOU NEED, AS OFTEN AS YOU NEED

Putting automated denied party screening in-line with business workflows becomes a far easier task when you have the right technology in place. With QAD Precision Restricted Party Screening, companies can perform a background check on trading partners at any stage of the transaction and screen on an ad-hoc, batch or transaction basis as required.

RPS 5

Keep Up To Date with Restricted Party Lists

ALWAYS SCREEN AGAINST CURRENT LISTS

QAD Precision’s team of dedicated content professionals monitor changes to published lists. Content changes are issued daily to ensure our customers are constantly kept up to date with the latest content data from ever-changing government lists

RPS 6

Why QAD Precision?

BEST-IN-CLASS AUTOMATED RESTRICTED PARTY SCREENING

QAD Precision automated Restricted Party Screening software is used by high volume, high value and time-sensitive global enterprises. QAD Precision’s customers span multiple industries including banking and finance, life sciences, high technology, retail, industrial, automotive, higher education and public sector as well as logistics providers. To find out how QAD Precision can streamline denied party screening across your organization, schedule a consultation today.

RPS 7

INTERESTED IN QAD PRECISION?
Harness a global carrier network, master global trade management and stay permanently proactive with QAD Precision. Call +1 312 239 1630 or contact us here.

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Further Reading

In-depth information and analysis

White Paper

TRADE COMPLIANCE IN A BRAVE NEW WORLD

Any company that trades globally knows the importance of compliance. However not all companies are equal when it comes to mitigating risks. In this white paper, we discuss the importance of due diligence and how to avoid compliance pitfalls in a world of increasingly complex trade regulations.

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QAD Precision Report

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