Supply Chain Management

Supply Chain Management (SCM) Software, Supply Chain Optimisation, Supply Chain Execution, hardware transport, supply-chain, distribution software, freight software and load planning in manufacturing and supply chain applications.

Upgrade for Salesforce: AEB business partner screening app available in leading CRM AppExchange

05-Mar-2018
Upgrade for Salesforce: AEB business partner screening app available in leading CRM AppExchange
Software company AEB makes life easier for businesses using the popular customer relationship management system (CRM) Salesforce: A new app is available in the Salesforce AppExchange that can be easily integrated to automatically screen business partners against international sanctions lists, enabling traders to prevent illicit business transactions before they can take place. The new AEB app is now available on https://aeb.com/s/RCSte or via the Salesforce AppExchange platform on www.salesforce.com/solutions/appexchange/apps/.

Added value for businesses
Salesforce is used by more than 150,000 companies, making it the world’s leading CRM platform. Its app store – AppExchange – is the world’s leading business app ecosystem, featuring more than 5,000 apps. The CRM provider approved the AEB app at its AppExchange, thereby certifying the security and functionality of the AEB solution and making it available in its app store. The AEB solution includes the EU’s CFSP list, several US blacklists, and Japanese restricted-party lists. It also lets a company define its own blacklists or minimise false positives using “Good Guy” lists.

Risk mitigation for international business transactions
Drastic consequences loom for companies that do business with a trade partner listed on a sanctions list: Financial penalties, legal prosecutions, reputational damage, and even getting listed on a restricted-party list themselves. Struggling to ensure compliance, companies often “screen” business partners manually – a cumbersome and error-prone procedure – against applicable lists. But the volume of lists and frequency of changes make it virtually impossible to ensure full compliance without IT support. The new AEB app in Salesforce manages the business partner screening process automatically – ensuring compliance while saving businesses time, money, and resources.

Blocking prohibited transactions before they can occur
The integration of compliance screening into a CRM system promises to be very useful for businesses. It makes it possible for users across different departments to easily screen business partners against the relevant restricted-party lists early on – for example during first contact or in the sales phase. In the event of a match, any illicit business transactions are blocked from being executed and no further resources from other internal teams such as sales, production, or logistics are invested.

Up and running in 24 hours: ease of implementation
Companies can integrate AEB’s new compliance app directly from within the Salesforce AppExchange into their CRM system. Once a new contact is created in the CRM, the user has the option to screen it automatically or manually via the AEB app. If the system comes across a match, a warning pops ups to prevent further processing. If the screening app is deployed at a later stage of the sales phase, it prevents the final processing of a business transaction with a critical contact and alerts the company’s compliance officer directly in the Salesforce system and by email. The AEB screening app was developed directly in Salesforce, so it integrates seamlessly into the CRM platform. This makes installation a zip and compliance screening is ready to use within 24 hours.

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