Managing an authorization is more than just ensuring exports do not exceed the authorized quantity or value. Company officials and executives have a duty to ensure all provisos and conditions of the export authorization are strictly followed, including filing periodic reports with the licensing authority when required.
Mismanagement of authorizations processed manually may lead to higher labor costs, lengthier fulfillment cycles, shipment delays, upset customers, and exposure to regulatory penalties including jail time.
OCR’s authorization, license & permit solutions allow companies to monitor every authorization required for international trade. These comprehensive solutions increase workflow efficiencies within your organization with improved reporting and auditing functions.
OCR’s Authorization, License & Permit solutions are: