Global trade has exploded over the past decade. The opportunities to grow and safe are enormous. But conducting global trade is also enormously complex due to regulatory controls and reporting requirements. Companies must stay in compliance. Importer must collaborate with their trading partners to ensure complete and accurate information for shipments. Companies must comply with a vast array of country specific import regulations to avoid regulatory violations, penalties, delays at customs and increased costs. Exporters are likewise challenged to comply with export regulations, government filing requirements and a host of security procedures.
Amber Road’s solutions automate all compliance functions. Our solution performs restricted party screening against blacklists. Determine import and export license requirements, generates shipping documents to file with government agencies and creates a complete audit trail. The solution provides rich analytics to help professionals better understand their trade flows and make decisions to optimize sourcing and distribution strategies.