Amber Road, a vendor of global trade-management software, has released an enhanced version of its Restricted Party Screening (RPS) on Demand application. The tool automates the trade party-screening process. The new version provides expanded coverage of restricted-party lists, along with integration options for boosting compliance with government regulations. RPS On Demand integrates with any source system via extensible markup language (XML), to screen customers, suppliers and other trading partners against more than 50 restricted-party lists issued by government institutions worldwide. In addition, the Web-based software alerts users of potential non-compliance, while providing workflow to resolve hits. Users can screen multiple parties to each transaction before goods are shipped, to prevent illegal transactions with banned entities and trading partners. In the process, companies avoid fines, penalties and sanctions. RPS On Demand can also be utilized by human-resources departments to screen all employees, vendors and visitors. A complete audit trail preserves a history of screening actions performed on a given customer or supplier record.
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