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EAST RUTHERFORD, NJ, August 10, 2011 -- Management Dynamics, a leading
provider of global trade management solutions, today announced the release of
Export On-Demand 1.2, its export compliance solution for small and medium-sized
exporters. The new release provides for enhanced compliance screening and
management of export licenses. Easily configured and deployed in a SaaS-based
model, Export On-Demand can be implemented in a modular fashion without the cost
and expense of an on-premise solution.
"This latest release of Export
On-Demand improves support for global exporters with enhanced embargo and
restricted party screening, as well as a new license determination and
management module," stated Nathan Pieri, senior vice president, marketing and
product management for Management Dynamics. "The modularity of Export On-Demand
allows our clients to first establish a foundation by managing product
compliance and screening parties, then adding successive capabilities such as
global license management, document generation and filing."
New features include the
following:
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Global license determination -
Access regulatory control content for over 100 countries to determine
whether licenses are required when exporting from those countries,
including US re-export license determination |
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Enhanced license management -
Account for license usage by quantity and dollar value, and choose
whether to auto-apply a license based on sophisticated rules that check
the validity of the license |
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Global embargo configuration - Configure new embargo screening
options for specific compliance policies by country |
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Warning word dictionary - Define keywords that will immediately
cause a transaction to be put on hold for further investigation |
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Retroactive list screening -When adding a new restricted party
list, users may choose to screen all trade partners at once, or only new
and updated partners against the added list |
Export On-Demand 1.2 helps
companies to quickly and efficiently develop an Export Management and Compliance
Program (EMCP), and take advantage of new government programs such as the
National Export Initiative (NEI) in the United States. Taking advantage of the
modular, on-demand deployment, companies may efficiently build a program in
phases, and cost-effectively enter new international markets.
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