Managing an authorization, be it an export license, agreement, exemption or exception, national or open general license is not easy. It’s not just ensuring that the exports not exceed the authorized quantity or value. But company executives have to make sure that all provisos and conditions of the export authorization are strictly followed, including filing periodic reports with the licensing authority when required. Mismanagement of authorizations manually processed may lead to amplified labor costs, lengthier fulfillment cycles, shipment delays, upset customers, and exposure to regulatory penalties and even jail time. Descartes OCR’s Export License Management allows corporations to automatically monitor any authorization, and all documents relevant to international trade.
Export licence Exception and Exemption reports generated by selecting the type required and text will auto-populate from available data.
Store all export authorizations with corresponding internal approvals, applications, and correspondence.
View all your export license and agreement status details and pending actions in an easy-to-read and configurable dashboard.
Track fulfilment of export licenses in value and duration against documentation of actual shipments and it also provides required government reporting as well as export license and agreement review capabilities.
Search quickly and extensively for existing and closed export authorizations for reference in new requests.
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