OFAC Checker is a robust OFAC sanction screening tool that automates business workflow by allowing unlimited OFAC checks on individuals and entities using any Salesforce object. Cloud Maven, Inc., a Salesforce Certified ISV Partner and the proud recipient of the 2021 Salesforce partner Innovation Award, has developed it. The agricultural and food sectors are highly regulated, and it is essential to ensure that any business activities with foreign countries do not violate the sanctions imposed by the Office of Foreign Assets Control (OFAC). The OFAC check is necessary to ensure that the company is not engaging with any entities or individuals in countries under sanctions. Staying up to date with changes to the OFAC sanctions list and understanding the complexities of the sanctions can be a challenge for businesses.  

As a result, it is challenging for businesses to assess a company's compliance when using an antiquated tool to check OFAC compliance. At this critical juncture, OFAC Checker makes life easier. The application helps the agricultural and food sectors obtain an up-to-date database of all OFAC rules, regulations, and notices. It also supports batch processing and automated screening of individuals and entities. The app makes it simple for the industry to identify a sanctioned individual or entity before engaging in any business transaction by screening against more than ten major OFAC databases.   

Its features, such as continuous monitoring and scheduled screening, could benefit the industry. It can help the agricultural and food sectors identify and mitigate potential risks associated with doing business with individuals or entities on the OFAC sanctions list. This can help protect the industry from potential financial losses or reputational damage. Its advanced reporting metrics display statistical data in charts and graphs. It includes a fully customizable dashboard for easy report interpretation and analysis. This OFAC compliance checking tool is available on Salesforce AppExchange for a free 30-day trial. Send an email to info@cloudmaveninc.com for any queries. Follow Cloud Maven, Inc. on LinkedIn, Twitter, and YouTube to know about the updates.