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Geodis Taps Amber Road for Trade Compliance System

| October 12, 2017

Geodis

Amber Road, a leading provider of global trade management (GTM) solutions, has announced that GEODIS, part of SCNF Logistics, has chosen the Amber Road Export On-Demand solution to screen third-party trade partners to ensure compliance with global sanctions and embargo lists.

For its part, GEODIS is dedicated to maintaining the highest level of trade compliance. Historically, verification of customers, partners and transactions was handled semi-independently in each of GEODIS’ five lines of business, with some oversight by the group Customs department. As part of its continual drive to improve standards while increasing efficiency, GEODIS looked for a way to automate and centralize those processes.

Using the Restricted Party Screening module in Amber Road’s Export On-Demand solution, GEODIS will be able to transform its screening processes, replacing numerous disparate and partial systems with a single system covering its worldwide operations.

“Solidifying our compliance systems allows GEODIS to grow in a more assured way, as it protects us from risky transactions and enables us to prove to customers that we are compliant with export control regulations,” said Bruno Beauvillier, Group Customs and Export Control Director at GEODIS. “We chose Amber Road because of its ability to maintain hundreds of lists, and the presence of a local Amber Road team in France gave us great value in supporting our decision process.”

GEODIS chose the Amber Road solution in large part because it provides a comprehensive, continually updated global coverage of more than 570 restricted party lists from government institutions worldwide. Other factors include the ability to configure the solution to suit GEODIS’ organizational structure and priorities, reducing false positives and streamlining validation/rejection decision-making and escalation procedures.

Additionally, as each request and its context are automatically archived, the solution can provide valuable assistance with discovery and due diligence processes, enabling GEODIS to document and validate past decisions.

The Amber Road solution is being rolled-out in stages through the different lines of business, beginning with screening of priority transactions and partners, and expanding to include new entities.

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Category: General Update, News

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