Reducing the Risk of Transacting with Sanctioned, Restricted & Denied Parties Worldwide
Descartes Denied Party Screening for NetSuite mitigates risk to ensure that business is not transacted with denied, restricted, or sanctioned parties, Descartes aggregates an extensive and broad range of global denied party lists and seamlessly connects with NetSuite to help safeguard businesses.
Key Benefits
· Reduce the chance of doing business with denied, restricted, or sanctioned parties
· Minimize risk efficiently by executing screening processes directly from NetSuite
· Choose from a range of flexible subscription options to match the needs of your business
· Rapidly deploy with customizable screening options to reduce risk including historical or periodic screening
· Automatically pinpoint denied parties with targeted results
Comprehensive Risk Management
Governments and international organizations maintain a variety of lists of people, organizations and countries with whom it is illegal or restricted to transact business as customers, suppliers, employees or business partners. These denied, restricted, and sanctioned lists can change rapidly and restricted countries, regions and merchandise can vary greatly depending on the country of origin and other factors. Access to affordable and fl exible Denied Party Screening (DPS) services and solutions is necessary to protect businesses and to reduce risk in an ever-connected and increasingly global marketplace.
Descartes Denied Party Screening™ solution provides organizations of all sizes with easy-to-use options that quickly and effi ciently screen customers, suppliers and trading partners against a comprehensive database of international restricted and denied party lists. Customers can tailor screening processes to fit their unique risk parameters and fl ag potential compliance issues for a prompt resolution.