OFAC Screening Salesforce
OFAC Checker is an application that automates business workflow by screening individuals and entities against the most recent OFAC sanctions list. This solution is developed by Cloud Maven, Inc., a certified Salesforce ISV Partner and winner of the 2021 Salesforce Partner Innovation Award. An OFAC check is essential for any import or export company. It aids in ensuring that companies follow the regulations of the Office of Foreign Assets Control, which are intended to protect national security and foreign policy objectives. Companies can ensure that their business operations are safe and legal by checking against OFAC’s Specially Designated Nationals list. By conducting due diligence and verifying the identities of their counterparts, such businesses can avoid violating US sanctions and participating in money laundering and terrorism financing.
Import/export companies need reliable and accurate methods for complying with OFAC regulations. A good OFAC checking tool should provide features that enable easy integration with existing systems, provide data accuracy, automation and offer fast scanning times. It should also include automatic updates notifying users of any changes or additions to the sanctions list.
OFAC Checker assists import/export companies to avoid anti-OFAC activities by instantly determining whether their customers are involved in anti-national activities. It provides the most recent OFAC rules, regulations, and notices from all authorized agencies, allowing import/export companies to keep their watchlists updated and ready to counter future risks. I Import companies can conduct unlimited OFAC checks on individuals and entities using any Salesforce standard or custom object. Using its batch processing feature, they can screen all profiles and contacts simultaneously and view the reports on a fully customizable dashboard. It helps them save a significant amount of time and effort. the app allows continuous profile monitoring and an automated audit trail that notifies users when the status of their client’s profile changes. Import companies can schedule OFAC screens daily, weekly, or monthly based on their business needs. Businesses can obtain real-time statistics reports using OFAC Checker’s advanced reporting metrics in graph and chart form. It saves “False Positive” profiles to avoid repeated screening. Profile that is “false positives” being visible in all future searches.
OFAC Checker helps import/export companies protect their business environment and stay compliant. This OFAC compliance checking tool is available for a free 30-day trial on the Salesforce AppExchange. Contact info@cloudmaveninc.com or follow Cloud Maven, Inc. on LinkedIn and Twitter to get more info.
