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EAST RUTHERFORD, NJ, April 9, 2013 -- Amber Road, a leading provider of global trade management solutions, announced today that
Flextronics, a leading electronics manufacturing services provider, selected its
Restricted Party Screening (RPS) On-Demand
solution to automate the screening of partners, customers and vendors. Flextronics' objective is to maintain a low export
risk profile while expediting screening.
With a global network consisting of more than 30
countries on four continents, Flextronics needed an improved solution for global denied party and embargo screening, global export
license determination, and ECCN (Export Control Classification Number) validation in order to preserve a high compliance rate.
"Amber Road's RPS On-Demand was the solution that best
fit our needs," said Tim Seitz, senior vice president, global tax and trade at Flextronics. "Because of the solution's high-speed
processing times, accuracy rates, user configuration features, robust reporting, and audit capabilities, we feel confident that
Amber Road is the right choice."
RPS On-Demand will support users globally and
integrate with Flextronics' ERP system. The solution will help simplify audit processes through maintaining a complete
history of actions performed on a given customer or supplier record. In addition, automated alerts will allow users to
focus on other tasks, while ensuring compliance.
"As a result of the worldwide trend
towards increased regulatory enforcement, companies cannot afford to ignore the importance of restricted party screening,"
said John Preuninger, president and COO of Amber Road. "We are pleased that Flextronics has chosen our RPS
On-Demand solution to optimize this critical compliance function."
RPS On-Demand is a hosted, Web-based application
that helps companies avoid doing business with sanctioned parties. Sanctioned parties are individuals or companies that have
been placed on debarred lists by government institutions around the world. By using Amber Road's highly configurable,
automated solution, companies can quickly screen their customers, suppliers and other trading partners against over 200
restricted party lists worldwide.
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