OFAC Checker: Best OFAC checking tool to screen individuals & entities against the OFAC sanctions list
Sanction compliance is the most important factor to consider when owning an auto dealership. The auto industry is governed by many rules and regulations, and if your dealership isn’t following and prioritizing them, you won’t be in business for long. Compliance with the Office of Foreign Assets Control (OFAC) is one form of regulation that auto dealerships must be aware of. The OFAC is a government agency that keeps a list of names and aliases of individuals, organizations, and enterprises that the US government has categorized as potentially hazardous and a threat to national security. The majority of organizations have implemented new measures to ensure OFAC compliance, including sanctions screening software to determine whether an applicant is on the OFAC list. However, the problem with that software is its complexity and difficulty to use. Besides, they are expensive. To address these concerns, Cloud Maven, Inc. has developed OFAC Checker. It is a simple no-coding application for automatically/manually screenings individuals and entities using any Salesforce object.
OFAC Checker is a highly acclaimed revolutionary OFAC sanction screening tool that ensures compliance with the constantly changing OFAC rules. It enables businesses to screen unlimited individuals and entities automatically/manually via single/joint or bulk screening. Its advanced reporting metrics provide comprehensive data on each activity via charts and graphs. The application automatically monitors individuals and entities to see if their status has changed. It is routinely updated with new OFAC rules, regulations, and notices from all agencies. OFAC checker only requires the name of an individual or organization to screen against all the government watchlists and provides you with a comprehensive report. It takes roughly 20 minutes to install and configure the application. It automates the screening process, avoiding human efforts and errors while saving time and money. The app is available on the Salesforce AppExchange. Get your free 30-day trial now by contacting us at firstname.lastname@example.org.