|Current listings of all export regulations including licenses, permits, inspections, quotas and other restrictions|
Embargo and Sanction Identification
|Highlight specific barriers from the country of export, such as absolute embargoes, prohibitions or other trade sanctions|
Comprehensive Country Logic
|Identify applicable export restrictions for products manufactured or imported from certain countries|
|Capture export restrictions established by specific government published regulations for 145 countries|
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.
Organizations buying or selling goods globally are overwhelmed with complexity. And the mountain of legalese and red tape required to establish and maintain compliance with government regulations.
Amber Road maintains the most comprehensive and robust database of global trade content, government regulations, and international business rules available today. We cover over 145 countries, roughly 95% of world trade making our trade content and content management process the best in the industry. We call it Global Knowledge® and it’s tightly integrated within our suite of global trade management software.
"As a multinational technology leader, screening is critical to our business. We selected Amber Road to help us comply with global export regulations because of its complete and up-to-date list coverage."
Director, Regulatory Compliance and Senior Counsel