Visual Compliance helping businesses comply with international trade regulations

Complying with international trade regulations is daunting to most businesses because the work involves multiple, concurrent tasks that must be completed for each and every transaction – whether they be shipments, financial activity or technology transfers – every day, 365 days a year. However, compliance plays a vital role in protecting national security interests at home and abroad.

These compliance obligations include screening trade chain partners to make sure they are not on any of the hundreds of U.S. and international denied, restricted and debarred parties lists, as well as taking account of sanctions and embargoes and other trade-related restrictions, ensuring information is accurate and captured correctly and having compliance audit systems in place to prove due diligence is taking place.

What makes Visual Compliance special to its  customers?

At Visual Compliance, the company believes that implementing a compliance program does not have to be overwhelming. What has made the company successful is that its solutions help exporters and importers, banks and financial institutions and technology providers meet the compliance challenge head on – efficiently and effectively with the least amount of strain on customers’ internal resources as possible.

Visual Compliance President Marc Roy, who has played a major role in driving global business and solution development, understands that no two customers are alike. As such, Visual Compliance is designed to simplify the process of establishing a reliable, sustainable compliance program with little or no disruption to the client’s business activities.

The result is a solution in which the client can have users up and running in as little as a day.

“Visual Compliance is not just software, but a total solution supporting people and processes involved in compliance,” says Roy. “The initial maturity or completeness of a customer’s compliance program doesn’t matter. We start off by closing the critical gaps in compliance and build from there.”

Visual Compliance helps customers build compliance programs that address their unique challenges and opportunities. The result is the right compliance program for them. “Our solution acts as a compliance data hub that helps ensure consistency across the organization,” explains Roy.

A flexible cloud-based solution

The configurable and scalable nature of the Visual Compliance solution, combined with the fact that it is an online, cloud-based system, means clients can go live with a compliance solution faster than ever before. It also means they can easily add modules, features, and functionality; and roll-out to new locations around the world, as and when needed.

Deploying its solutions in the cloud also means that Visual Compliance performs all the upgrades and content updates behind the scenes, and this allows it to continually evolve its solutions to meet new challenges and new regulations.

Other complex and cumbersome systems out there typically take months or even years to bring into production – or in the worst case scenario, abandoned before the implementation process is completed. Visual Compliance is ultra–easy to start up by comparison, and it doesn’t chew up its clients’ valuable IT resources.

A foundation of international trade compliance knowledge

Since its beginnings, Visual Compliance has held the firm belief that technology plays a leading role in managing the complexities of international trade.

“With knowledge encompassing the trade compliance issues of all major industries, Visual Compliance has a foundation that separates us from the crowd,” says Roy. This broad range of expertise allows for the development of new approaches that quickly become the new standard. Roy stresses: “The objective is not to simply apply best practices, but to invent and refine them”.

When a customer chooses Visual Compliance, they’re not just getting technology, they’re getting the knowledge, experience, and expertise of seasoned experts. These experts are motivated, talented, specialized teams of international trade compliance professionals, IT and content development and management experts, business and process change specialists, and auditors, consultants, and controllers from a wide range of industries.

"The initial maturity or completeness of a customer’s compliance program doesn’t matter. We start off by closing the critical gaps in compliance and build from there.”

“A trusted partner with over 35 years of experience helping companies overcome their export, import and financial (OFAC) trade compliance challenges—that's Visual Compliance”