With over 190 countries in the world actively involved in (and regulating) trade, it is increasingly complex and time consuming to understand all of the requirements to legally ship to or source from a given country. Today, companies must maintain compliance with changing trade regulations while managing a growing network of trading partners and ensuring product availability with the lowest delivered cost.
Amber Road’s Trade Wizards solution enables organizations to:
Improve compliance with international trade regulations and advisories
Accurately identify restricted parties before goods are shipped
Prevent illegal transactions with banned entities and trading partners
Preserve a complete audit trail of screening activity to reduce corporate risk
Avoid fines, penalties and sanctions by demonstrating proof of compliance with legal requirements