Geodis chooses Amber Road to boost its trade compliance capabilities

Amber Road (NYSE: AMBR), a 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, the company said.

As a European transport and logistics provider with a worldwide network, 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.

GEODIS chose the Amber Road solution in large part because it provides the most 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. Within a few weeks of the implementation kick-off in January 2017, key teams were already using the solution.

GEODIS is a Supply Chain Operator ranking among the top companies in the field in Europe and the World.

Amber Road´s (NYSE: AMBR) mission is to dramatically transform the way companies conduct global trade.