Compliance Automation Software

Compliance automation software handles the systematic, repeatable parts of a trade compliance program without manual intervention — running screening checks on new counterparties, re-screening existing partners when sanctions lists update, generating EEI filings when shipment parameters trigger the threshold, and creating audit trail records that meet the BIS five-year retention requirement. The ROI calculation is straightforward for high-volume operations: at 500 shipments a month, manual screening takes roughly 250 hours. Automated screening with human review of hits takes 20–30 hours. The risk-adjusted case is stronger still — manual processes miss things, and a missed SDN hit is a potential OFAC violation. We cover what automation handles well, what still needs human judgment, and what to look for in vendor contracts around liability for missed hits.