Export Regulations

Issues and Challenges

As companies look to foreign markets as a means to grow top line revenues, exports have boomed. Unfortunately, with more customers spread across more geographies, the export compliance challenge has increased, and so has the risk of trade regulatory violations. Many exporters struggle to effectively screen potential customers against restricted party lists, determine license requirements, perform export compliance checks and generate international trade documents.

Export compliance can be tedious and complicated work, especially since government rules and trade regulations are constantly changing for cross border shipments. For companies that perform this job manually, the task can be overwhelming. By relying on Amber Road's Global Knowledge^®, companies find they can reduce export compliance risks and improve export efficiencies.

How Amber Road Can Help

Amber Road's network of In-Country Content Providers (ICCP) and trade specialists monitor and screen government trade regulations worldwide. Actively monitoring various country export regulations can require many hours of manual interpretation of trade rules and regulations. With Global Knowledge^®, organizations can automate their export trade content process and gain up-to-date access to the most accurate export regulatory requirements for 147 countries. By automating key tasks such as product classification, export regulatory controls, restricted party screening and landed cost calculation, organizations can reduce the costs of global trade, improve compliance and profitably develop new markets.