A unified platform to standardize risk management
A global automotive leader recognized that its existing restricted party screening (RPS) systems were outdated, fragmented, and relied too heavily on manual processes. In the face of evolving regulatory changes and a competitive marketplace, the company needed to enhance its compliance operations to safeguard its reputation and trusted brand.
The brand sought e2open’s help to streamline and centralize its screening processes. With e2open’s Due Diligence Screening solution, the automaker was able to consolidate its corporate governance needs onto a single platform and automate screening of all its business partners, suppliers, contractors, and customers against denied parties and Politically Exposed Person (PEP) lists. Furthermore, the solution is backed by Global Knowledge®, the world’s largest database of proprietary global trade content, and it facilitates near real-time screening against 172 unique RPS lists and many third-party lists.
Read our case study to learn how e2open’s Due Diligence Screening solution helped the automaker achieve a 75% reduction in compliance screening time, a 50% improvement in shipment processing time, and higher customer satisfaction rates. If you want to more about streamlining your restricted party screening and global trade compliance operations, contact e2open today.
