Thursday 30 October 2014

Web Based Software Solutions Makes Your Export Safe and Legal

Unlike the situations that prevailed a few years back in the trading world, things have become more complex nowadays.  Due to the presence of stringent laws and regulations, domestic and international trade has become much complicated. Since, business has significantly extended beyond the borders of the country, it is not possible for the exporters to check all the associated trades and partners and make reviews of the products manually. In this case, some of the reputed companies have developed software to check the trade partners, consultants, customers, visitors and trade intermediaries. The software is used in several purposes like party screening, trade party management, license checks and checking the regulations online.

Wednesday 8 October 2014

Export Management Compliance Program (EMCP) - A Brief Overview

Developing and implementing an effective Export Management Compliance Program (EMCP) has become an essential obligation for the corporate houses and business entities engaging in international trading and export operations. In order to curb the risks associated with the violation of trade regulations like licence cancellations, export privilege denials, etc.; nothing can be better than integrating a concrete internal control program (ICP) and a comprehensive EMCP within the complete business process.