Apolix - Trade Compliance
Actively Monitor Trade Activities & Avoid Export Penalties
The Trade Compliance solution offers insights into the order to cash process and the legal activities required to meet the international rules and regulations. Since regularities and laws are a subject of constant change, companies often struggle to comply with all requirements and risk severe penalties. Consequently, there is a need for process transparency to identify and take action on risky transactions in advance.
This is where Apolix and Celonis Combine their Strengths:
Get insights into trade activities and export control.
Intervene when critical goods are sent to high-risk countries requirements are needed.
Use these insights to prevent compliance breaches.
Get a deep dive into the way ECCN, HS codes, and licenses are being used.
Provide insights to avoid penalties and international compliance breaches.
Features & Capabilities
Monitor your trading activities based on the volume of orders traded with the export destination country. Monitor your risk level based on the OECD Country risk score.
Understand your process and identify the sequence of legal activities and their conformance. Get an overview of your order performance over time and the products involved.
Get an overview of your HS Code performance over different dimensions (countries, business units etc.) Find HS code violations based on specific risk indicators.
Get an overview on the trading volume with each country and the risk level attached to it. Monitor the shipments going to risk countries (sanctioned, embargoed, trans-shipment).
Monitor your product classification and your license allocation. Improve your compliance level by setting automatic notifications for various risk indicators.
Automatically notify the compliance officer when a product is being traded having an ECCN and no license attached to it.
Contact the Partner
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