The Export Compliance Guide allows companies to ensure that their exports of goods comply with all restrictions posed by export control regimes. The tool assesses whether export guidelines apply to the goods in question as the user provides certain information. It then gives clear guidance to the user explaining what guidelines apply, how this affects the transaction and what to do next. Any national and international laws may be incorporated to reflect the most recent legal requirements. The application lets companies generate automated triaging and documentation of tasks. If desired, a report and dashboard may be generated to monitor and visualize key compliance efforts which can prove the type of assessment that was carried out for a certain export of goods.
Companies engaged in the manufacturing and export of certain goods have complex internal guidelines in place to ensure that employees comply with legal export regulations. These internal guidelines are often highly specific and difficult to understand by business users which leads to the legal team receiving a high volume of similar enquiries. As business users feel uncomfortable applying specific guidelines themselves, legal teams are overwhelmed by the high amount of manual assessments that require their attention.
With BRYTER, companies can build a digital Export Compliance Guide which ensures that all relevant checks and compliance efforts are correctly conducted before exporting goods that are subject to export control regulations. The application guides the user through various steps required to ensure that all the necessary checks, licenses and notifications are in place to comply with export control regulations. The user interacts with the tool through a questionnaire that collects all the necessary inputs. The inputs are then screened against the regulations. Based on the result of the screening, the tool offers instructions and suggestions to ensure proper compliance is achieved or, if needed, it can indicate that further input from the legal department is necessary.
How it works
Through a customizable and user-friendly questionnaire, all the relevant information needed for an assessment is collected and processed. Based on the provided information, the Export Compliance Guide assesses the product and circumstances against applicable regulations.
The tool provides the user with clear step-by-step guidance and actionable tasks to ensure compliance with all applicable export control regimes.
A dashboard that contains all conducted assessments and respective outcomes gives companies an overview of potential risks. The assessments are recorded in a centralized audit trail in order to prove compliance with export control regimes if required.