International shippers are confronted with the challenge of determining if a partner, customer or contact is designated as a restricted party. With hundreds of lists worldwide, manually screening for restricted parties is time-consuming, inefficient and prone to errors. As a result, companies involved in global trade have a greater chance of running afoul of restricted party screening regulations and can face consequences such as the loss of export privileges or criminal prosecution.
E2open’s restricted party screening brings confidence and efficiency to the denied party screening process. Used as a standalone tool or as a capability integrated within E2open’s Global Trade Management intelligent application suite, the system enables shippers to save time and money by quickly and automatically screening customers, suppliers and other parties against denied party lists worldwide.