Selecting the right denied party screening software is critical to protecting your business from sanctions risks and ensuring compliance with evolving trade and export regulations. But not all vendors deliver the reliability and accuracy you need.
In this guide, Descartes Director of Industry Strategy, Jackson Wood, reveals five key warning signs that indicate a denied party screening software solution may not be the best fit for your trade compliance needs. Learn how to evaluate vendors, ask the right questions, and avoid common pitfalls that could put your organization at risk.
Here are the major red flags you will learn to look for in a denied party screening vendor:
- How to assess the sanctions screening software accuracy and coverage
- How to verify that the solution’s sanctions and denied party lists are active, current, comprehensive, and relevant to you
- How poor integration with business processes and limited screening capabilities can impact compliance workflows
- Why ongoing free support and updates matter
- What key compliance risks can arise from a lack of flexibility and configurable options
With strict regulatory demands and high penalties for non-compliance, your screening solution must go beyond just checking names. It should provide real-time updates, automated compliance workflows, and seamless integration with your existing systems.
Ready to see firsthand how the right denied party screening software can help you stay compliant, reduce risk, and streamline your workflow? Simply request-a-demo. You can also read what our customers are saying about Descartes Denied Party Screening on G2- an online third-party business software review platform.