Sanctions lists are created to help mitigate the risk of money laundering and terrorism by identifying persons, businesses, and nations that have engaged in illegal actions (or are suspected of committing them). Organizations can limit the risk of doing business with sanctioned companies by checking them against sanctions lists. However, the list is routinely updated with new entries for individuals, businesses, and regimes, making it impossible for a third-party application or sanction screening firm to acquire an accurate report. Cloud Maven, Inc. has created OFAC Checker, an advanced OFAC sanctions screening application, especially for Salesforce users, to avoid these inconveniences.
The advanced OFAC screening solution has the following features,
Provides unlimited OFAC checks on individuals and entitles using any Salesforce standard or custom object
It supports batch processing. That helps organizations screen a group of profiles at a time. As a result, it saves a lot of time and effort.
Saves identical false hits as "False Positive" to avoid screening the same profile twice
Provides real-time statistics on OFAC searches
OFAC Dashboard makes it simple to monitor and interpret the OFAC report
Its advanced reporting metrics provide information about each activity through graphs and charts.
Provides regular updates on OFAC rules, regulations, and notices from all agencies
It automates the entire OFAC screening process and assists businesses in determining whether an entity or individual is not prohibited from doing business under OFAC. The application is available on Salesforce AppExchange. To book a 30-day free trial, please contact us at info@cloudmaveninc.com. For more information, go to https://www.cloudmaveninc.com
