The International Trade Blog

5 Reasons to Invest in Export Software—Reason 5: Monitor Your Exports (video)

Written by Arnesh Roy | July 11, 2018

If you have multiple people responsible for various aspects of your company's exports, it's important that everyone is on the same page when it comes to export compliance, procedures and documentation. Unfortunately, I talk with too many people who admit that their company lacks a formal set of export procedures.

Without a formal set of procedures—what many companies call an Export Compliance Program—your company is at an increased risk of shipping delays, problems getting paid, and significant financial penalties for export compliance violations.

Shipping Solutions export documentation and compliance software includes a Shipment Log that acts as a checklist your users can follow for each shipment. The steps in the checklist can be customized to fit your company’s specific export compliance procedures. That way you can document that each step is being followed, and you can monitor who did what for each shipment.

Shipping Solutions Professional’s built-in Export Compliance Module allows you to run compliance screenings to make sure you are not doing business with a person or company on any of the government’s restricted party lists, to make sure you know which documents you need to provide for each shipment, and to make sure you are aware if an export license is needed. Furthermore, the results of any of the screenings you run in the Export Compliance Module can be printed and are stored in an audit trail.

Shipping Solutions also includes the ability to generate reports such as shipments by country, by products, or by freight forwarders in a given date range. You can utilize these reports to keep an eye on key data elements and decipher overall trends in your export transactions.

 

Transcript of Video

Shipping Solutions allows you to document the steps in your company’s export compliance procedure and verify that each step is being followed.

Shipping Solutions’ built-in Export Compliance Module helps you make sure you’re not doing business with someone on any of the government’s restricted party lists, to make sure you know which documents you need to provide for each shipment, and to make sure you are aware if an export license is needed. Furthermore, the results of any of the screenings you run in the Export Compliance Module can be printed and are stored in an audit trail.

Shipping Solutions also includes the ability to generate reports such as shipments by country, by products, or by freight forwarders in a given date range. You can utilize these reports to keep an eye on key data elements and decipher overall trends in your export transactions.

More Information

Click here to see all five reasons you need to invest in export documentation software.

To learn more about how the Shipping Solutions export documentation software can help ensure the consistency of all your export forms, you can arrange a free online demo of the software or give me a call at (651) 905-1727.