OFAC Checker: best software to check sanction compliance
Compliance with OFAC laws and regulations is mandatory to deal with any business or undertake any transaction within the United States. Typically, it necessitates many manual processes, paperwork, and investment as you must visit certain OFAC screening organizations to complete your job.
Cloud Maven, Inc., a certified Salesforce ISV Partner and the winner of the “2021 Salesforce Partner Innovation Award,” has developed OFAC Checker, to automate business workflow. It eliminates manual steps resulting in human error and makes the compliance process easy.
OFAC Checker allows unlimited OFAC checks on individuals and entities from any standard or custom Salesforce object. The application is available on Salesforce AppExchange.
Significant features of the application include,
- It supports batch processing
- Provides OFAC report in seconds
- Saves False-positive entries as marked
- Provides OFAC dashboard
- Supports advanced reporting metrics that provide statistical details, graphs, charts of each activity
- Provides updated OFAC rules, regulations, and notices
OFAC Checker performs comprehensive screening against the DPL (Denied Persons List), EL (Entity List), UVL (Unverified List), ISN (International Security and Non-Proliferation), DTC (Directorate of Défense Trade Controls), CAP (Correspondent Account or Payable), FSE (Foreign Sanctions Evaders), PLC (Palestinian Legislative Council List), SSI (Sectoral Sanctions Identifications List), SDN (Specially Designated Nationals), and other sanction lists available on the government watchlists in order to reduce the risk of anti-money laundering and rule violations.
To know more about its features and benefits, please visit https://cloudmaveninc.com
To get a 30-day free trial, write to us at info@cloudmaveninc.com
