Anti-money laundering software: OFAC Checker
Non-compliance with OFAC has numerous consequences.
You may face fines and penalties.
Your company’s license could be revoked.
Your clients may face legal issues.
Determining this is critical but difficult if you consider manually screening each person or company against the extensive OFAC sanctions list. It could take weeks or months to reach a decision. Furthermore, it is costly and time-consuming. This impacts your deal and business growth. To help you save time and cost, Cloud Maven, Inc. has developed OFAC Checker. This user-friendly OFAC sanction screening tool allows you to automate business workflows with instant and accurate OFAC screening. Cloud Maven, Inc. is a Salesforce-certified ISV partner and the proud recipient of the Salesforce Partner Innovation Award 2021. The firm is well known for providing various products, business advisory, and top-notch Salesforce consulting services to all businesses.
OFAC Checker allows unlimited OFAC checks on individuals and entities from any Salesforce standard or custom object. Significant features of the application include,
Supports batch processing
Provides OFAC report in seconds
Saves false positive entries as marked to avoid duplication in screening
Provides OFAC dashboard to help in easy interpretation and monitoring
Supports advanced reporting metrics that provide statistical details, graphs, and charts of each activity
Provides updated OFAC rules, regulations, and notices
OFAC Checker performs comprehensive screening against ten major OFAC databases available on the government watchlist to reduce the risk of money laundering, terrorist financing, and rule violations. The app is available on Salesforce AppExchange with a 30-day free trial offer. To learn more, contact firstname.lastname@example.org