Latin America Trade
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Oxbow Carbon LLC increases restricted party screening (RPS) productivity
Oxbow Carbon LLC increases restricted party screening (RPS) productivity by 82% using Amber Road’s export on-demand solution
Amber Road, a leading provider of global trade management (GTM) solutions, has announced that Oxbow Carbon, one of the world’s largest recyclers and distributors of refinery byproducts, increased its RPS productivity by 82 percent using Amber Road’s Export On-Demand solution.
Amber Road’s solutions enable Oxbow to centralize and automate its export compliance processes acr
oss 90 countries and screen against over 250 lists. Using Amber Road’s hosted technology, Oxbow consolidated 13 ERP systems into one common database portal, creating a simplified and efficient trade compliance process.
“We were looking to improve efficiency and productivity on our old RPS model. We looked at Amber Road’s Export On-Demand solution as a way to achieve those productivity gains and significantly reduce manual effort,” said Louis Lisowski, director of compliance, Oxbow Carbon LLC. “Not only did the software meet our requirements, the implementation phase of the project was 75 percent under the budgeted implementation costs.”
Other additional benefits Oxbow has received from using Export On-Demand include:
Tripling the number of restricted party lists it screens against
Reducing employee capital costs by 80 percent
Decreasing false positive results from 10 percent to less than one percent (0.4 percent)
“Oxbow’s continued success is based on its commitment to excellence, including continuous process improvement and compliance,” said John Preuninger, president and chief operating officer, Amber Road. “We are honored to be part of Oxbow’s forward-thinking trade compliance program.”
Amber Road’s Export On-Demand is an affordable, subscription-based offering perfectly suited for businesses entering international markets. Available on a flexible, software as a service (SaaS) architecture, Export On-Demand can be quickly deployed and configured.
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