OFAC Sanction Screening Tool: OFAC Checker
OFAC Checker is a user-friendly application that automates the business workflow by instantly providing OFAC reports inside Salesforce. Cloud Maven, Inc., a certified Salesforce ISV Partner and the 2021 Salesforce Partner Innovation Award winner has developed this solution. The hospitality and tourism industries are two of the fastest-growing industries worldwide. With this growth comes an increased need for compliance with the Office of Foreign Assets Control (OFAC). OFAC is a US government agency that administers and enforces economic and trade sanctions against targeted foreign countries, terrorists, international narcotics traffickers, and those engaged in the proliferation of weapons of mass destruction. To ensure compliance with OFAC, hotel and tourism businesses must run OFAC checks on individuals. These industries are constantly looking for a solution that will automatically check all of their customer lists on a scheduled basis to help their business grow quickly and nurture customers.
OFAC Checker can be the best and most convenient solution to all their problems. The industry can easily set up a scheduled OFAC check on a daily/weekly/monthly basis or at any other predetermined time based on their business needs. It identifies sanctioned individuals and entities in seconds. The app provides the most recent OFAC rules, regulations, and notices from all authorized agencies. As a result, visa consultancies can obtain an up-to-date list of OFAC sanctions. By using this powerful tool, tourism and hospitality industries can automatically screen the profiles of current and potential employees to ensure business safety and compliance. Before any transaction, these sectors can use the OFAC Checker to confirm that no specific person or organization has been convicted of funding terrorism, money laundering, trafficking in illegal drugs, or dealing in weapons of mass destruction. It enables them to carry out comprehensive OFAC screening on individual and entities. It supports batch processing to help industries check multiple profiles simultaneously, allowing you to screen hundreds of individuals and entities at once. It also provides a fully customizable OFAC dashboard to comprehend and keep track of the reports. Its advanced reporting metrics provide insightful reports to employees through charts and graphs. It also automates the business workflow, eliminating human intervention and saving costs and time. The app can be found on the Salesforce AppExchange. Send an email to info@cloudmaveninc.com to request a 30-day free trial.
