Protect your business by ensuring sanction compliance
Avoid fines and reputational damage with continuous sanction monitoring.
Only 9% of organisations cross-check suppliers against sanctions monthly or more often.
Not monitoring sanctions means you could be trading with sanctioned entities without knowing. As a result, you could see fines, imprisonment and severe reputational damage.
Checking sanctions lists often isn’t a high priority due to the time and resource it needs. After supplier onboarding, it’s rarely completed, even though they change frequently. We provide a fast, simple way to check sanctions lists, allow you to take action quickly if there is a problem.
How it works.
Our software checks your suppliers daily for appearance on global sanctions lists. This includes lists published by OFSI, OFAC, the UN, FBI, and Interpol. If your supplier matches, we alert you immediately. You can then stop trading immediately, saving pain later.
Avoid financial, reputational, and regulatory penalties.
Take action fast to block sanctioned suppliers.
Simplify sanction list compliance by monitoring every supplier, every day.
Make sanction list checking part of daily compliance control
Customer success stories& testimonials.
Continuous Sanction Monitoring
Unnecessary cash leakage is caused by weak or out of date controls in procure to pay processing. Risks from suppliers and in your transactions with them will always result in cash loss, costly invoice processing, and the risk of fraud.
LSE Supplier Risk Intelligence Brochure
An in-depth look at the 5 best practices for effective Procure-to-Pay (P2P) risk management
A Guide to controlling AP Costs
Join Ray Welsh, Head of Product Marketing, FISCAL Technologies as he considers how to reduce costs, overpayments, and fraud risks in your Procure-to-Pay cycle.
How Often Do you Brush your Teeth? – CPD Accredited
A poorly managed Master Supplier File is a breeding ground for fraud, payment and sanction issues resulting in high financial penalties.
Want to know more about FISCAL Technologies?
We’d love to show you our solutions in action!
