Denied Party Screening
An integrated real-time Denied Party Screening service with operational modules and workflow functions to reduce compliance risks and penalties with minimal overheads.
Companies operating under today's global trade environment need to ensure that they are compliant with government regulations and protect themselves from dealing with organizations or individuals that are sanctioned by government agencies or restricted from conducting trade. Penalties can apply in cases of non-compliance, including fines, loss of export privileges or, in extreme cases, imprisonment.
Denied Party Screening is integrated with ediEnterprise's operational modules and workflow functions to reduce compliance risks with minimal overheads. The screening process searches against a comprehensive database of Denied Parties lists from global government agencies.
Integrated screening can be performed on all organizations and contacts registered on operational jobs, e.g. shipments, consolidations and brokerage jobs. Operators can easily filter organizations or operational jobs to perform bulk screening. A stand-alone screening feature allows operators to screen new contacts and organizations before registering them for trade.