OFAC Checker is a Salesforce-native OFAC sanction screening app that automates business workflow by performing unlimited OFAC checks on individuals and entities using any Salesforce standard or custom object. It is developed by Cloud Maven, Inc., a Salesforce certified ISV partner and winner of the 2021 Salesforce Partner Innovation Award. Businesses must undertake due diligence on any individual or entity that desires to do business with them to comply with OFAC requirements. This means that firms must be aware of the histories of the individuals involved in the transaction, the types of illegal transactions, and how to spot suspicious behavior. This can become problematic, particularly if numerous parties from various nations are involved.
OFAC Checker monitors each transaction and screens all parties to ensure the business transaction is compliant. It supports batch processing, which allows businesses to screen multiple profiles simultaneously, and offers a fully customizable OFAC dashboard to assist businesses in monitoring and analyzing reports. Its advanced reporting metrics provide consolidated reports on each activity through charts and graphs. The app helps you avoid assessing the same hit multiple times by flagging identical profiles as "false positives."
OFAC Checker provides automated audit trails as well as continuous profile monitoring. It contains the most recent OFAC rules, regulations, and notices from all authorized agencies. The application installs in minutes and generates real-time OFAC reports in under 10 seconds, saving time and effort.
OFAC Checker only requires the name of an individual or organization to screen against the government watchlist and provides you with a comprehensive report. This sanction compliance checking solution is available for a free 30-day trial on Salesforce AppExchange. Contact info@cloudmaveninc.com for any questions, and follow on LinkedIn, Twitter, and YouTube for further information.
