Business Process Outsourcing Business Process Outsourcing Business Process Outsourcing
Quick Links:
Home
Contact Us
Featured Content
Industry News
RSS Feeds

Business Process Outsourcing Featured Article

February 20, 2013

Amber Road's RPS On-Demand Solution Providing Benefits to Vishay Intertechnology

By Rahul Arora, TMCnet Contributor

Amber Road, a source of global trade management solutions, recently announced that its Restricted Party Screening (RPS) On-Demand solution is providing great benefits to Vishay Intertechnology (News - Alert), Inc. (VSH), a manufacturer of discrete semiconductors and passive electronic components.


By using the RPS On-Demand solution from Amber Road, Vishay has been able to considerably reduce corporate risk and improve compliance with trade regulations.

The RPS On-Demand solution provides a secure, comprehensive method to automate the restricted party screening (RPS) process. It enables exporters to quickly screen customers, suppliers and other trading partners against over 200 restricted party lists from government institutions worldwide.

Using a centralized partner repository, an organization can logically store and access information about trading partners. Partners can be linked to their parent or subsidiary companies and to multiple individual contacts. Each partner record can contain information related to the individual countries where that partner operates. Screening can be performed against the partner table, or on an ad hoc basis.

Amber Road's restricted party screening solution makes use of intelligent algorithms and business rules that help increase the accuracy of matches. A low false positive rate means fewer records need to be checked manually for hits.

Business rules can also be configured to regulate the number and type of lists that are checked for a particular partner.

 “Not only are governments worldwide expanding their regulatory programs, they are becoming increasingly intolerant of noncompliance,” said John Preuninger, president and COO at Amber Road. “We applaud Vishay’s dedication to creating a world-class compliance program by automating the complex screening process necessary to mitigate compliance risks.”

Meanwhile, Vishay Intertechnology is exhibiting its extensive offering of military-qualified, DSCC-approved and COTS resistors, high-reliability multilayer ceramic capacitors (MLCC), and tantalum capacitors at the 2013 Components for Military and Space Electronics (CMSE) conference and exhibition.

The event is currently taking place at the LAX Radisson Hotel in Los Angeles.




Edited by Braden Becker


[ View all Business Process Outsourcing Articles ]

Follow Us 

FREE Business Process Outsourcing eNewsletter: Click here to receive your targeted Business Process Outsourcing Community eNewsletter.

Knowledge Center

  • Case Study - Airline
    This Fortune 500 Airline Client took its current form when it came out of Chapter 11 protection and merged with another airline in September 2005, and now ranks among the largest U.S. airlines today.
  • Industry Profile - Travel & Tourism
    Due to the emergence of low-cost providers and other competitive pressures, today's travel and tourism companies face declining margins and waning customer loyalty. To survive and excel in this marketplace, airlines, tour operators and hotel chains must find ways to maintain the caliber of service their customers expect - while keeping operating costs under control.
  • Solution Profile - Online Solutions
    For the most part, tech-savvy consumers appreciate the benefits of 24/7 Internet self-service. But sometimes they have a need or concern that requires the human touch.

Featured Podcast

  • 7 Steps to Creating a Powerful Teleprospecting Engine
    When was the last time you performed an audit on your telesprospecting process? Putting actionable strategies in place will convert teleprospecting from a tactical afterthought to a strategic asset.

    Come learn as SiriusDecisions discusses insights from their 2012 Teleprospecting Study.

    Hosted by Jeff Farr, Vice President B2B Solutions, with our Special Guest Speaker, Jason Hekl, Research Director, SiriusDecisions.

Featured Solution

  • Social Media Solutions Overview
    Your Consumers Are Talking. Are You Listening? People today are increasingly using the Web as a platform for sharing their buying experiences, both positive and negative.

Press Releases

  • Alorica Granted a CUSTOMER 2013 MVP Quality Award
    Irvine, CA (May 14, 2013) Alorica, (www.alorica.com), a leading provider of customer management outsourcing solutions, has been named a winner of a Silver MVP Quality Award from TMC's CUSTOMER magazine.
  • Alorica Begins Hiring Hundreds
    Magna, UT (May 13, 2013) Alorica, (www.alorica.com), a leading provider of customer management outsourcing solutions, announced today that they are hiring 100 people immediately and have plans to hire up to 200 more in the next couple of months due to new client growth and internal employee promotions.

About Alorica

Alorica is a leading Business Process Outsourcing Provider of customer management solutions spanning the entire customer lifecycle. From customer acquisition and sales, customer care and support, supply chain and fulfillment, to social CRM and mobile, Alorica offers a seamless customer experience across all service channels. Alorica's award-winning Business Process Outsourcing services span both the Business-to-Consumer (B2C) and Business-to-Business (B2B) sectors across all industries for Fortune 1000 companies. Headquartered in Irvine, California with over 20,000 employees in over 40 domestic, near-shore, and offshore customer management centers, Alorica believes in creating opportunities for its clients, people, and in its communities. For more information, please visit www.alorica.com.

Featured Awards & Recognition

    With a long history of providing outstanding results for our teleservices clients, Alorica has been honored with numerous awards and recognition. We are proud to share some of our most recent accolades with you.