In September, Amber Road broadcasted part one of a two part webinar series entitled, Export Compliance Webinar Series Part 1: Restricted Party Screening. Our presenters, Scott Lewis and Scott Parker, both of Amber Road, received several questions throughout the webinar that they were unable to address during the live broadcast. We have compiled their answers into a Q&A document – here is a preview.
Does Export On-Demand perform dynamic rescreening? For example, if I screen a name today, but then that person is added to a list in 6 months, will I get notified?
- Of course! Our content is updated every 24 hours. As a result, we prompt a rescreening of all trade partners against the changes made to the various denied party lists. If a new hit is found for any of your previously screened partners, you will be notified via email or through the integration with your back-end system.
Should someone be notified if an entity is flagged on a restricted party list?
- You are not required to notify anyone, but it would certainly be the right thing to do. You should contact legal counsel and have them make the decision. Most importantly, you should not do business with that person.
Upon implementation, is Export On-Demand capable of pouring through several thousand of our existing customers?
- Yes. In fact, almost all of our customers will start by uploading their existing trade partners into the tool through a CSV upload. Volumes are not an issue.
Is there an Administrator function that enables a small group of people to resolve matches input by users?
- The application allows for role-based security whereby a user's role gives access to different functionalities within the tool. There are roles for data-entry, which would allow for users to only enter data to be screened, as well as roles that allow for users to make decisions against those hits. The configurability of the tool allows each company to set up their own work flows and email notifications to help make the process more efficient.
Click here to view the entire Q&A document.
Want to learn even more? Download The ROI of Automating Trade Compliance white paper.
