OFAC Checker: Maintain compliance and security in your business
Sanctions lists updates frequently Financial or trade sanctions are complex and designed to achieve a specific goal. It takes time to determine whether they are broad or specific and whether they are directed at an individual, an organization, or the entire state. Typos, misspellings, or different naming conventions may result in incorrect screening, particularly when dealing with foreign entities.
Furthermore, depending on the type of business and its size, the volume of customer data that must be analyzed may make it nearly impossible for one person or even a small team to keep track of everything. To overcome all of these issues Cloud Maven, Inc. has developed OFAC Checker. It is an automated OFAC screening tool that will speed up the screening process, saves time, and eliminates human error.
OFAC Checker provides unlimited OFAC checks on individuals and entities automatically/manually using any Salesforce standard or custom object. It supports batch processing to assist businesses in screening a group or list of individuals and entities at once. It supports advanced reporting metrics to obtain comprehensive data on each activity via charts and graphs. The OFAC dashboard helps in understanding and monitoring the report easily. It provides updated OFAC rules, regulations, notices from all the agencies.
OFAC Checker automatically screens existing customers and can perform scheduled screening. It supports continuous monitoring of existing customers to ensure the compliance regulations are being followed. The application takes less than 20 minutes to set up and install. It validates the customer’s DOB, SSN, name, alias name, and address and provides a complete report in less than 10 seconds. As a result, it reduces “False Positive.” It requires no coding knowledge or any manual typing of information. The clean and intuitive interface makes it the best Salesforce OFAC screening app available on Salesforce AppExchange for keeping your business safe and compliant.
For a 30-days free trial of OFAC Checker or any Salesforce consulting services, reach out to us at firstname.lastname@example.org