The FOCI module enables compliance with regulations governing foreign ownership, control, and influence of contractors.
Key Capabilities:
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- Automated FOCI assessments and risk scoring
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- Tools to manage FOCI mitigation instruments
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- Tracking of foreign shareholders and beneficial owners
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- Workflow management of FOCI disclosures and reporting
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- Centralized repository of FOCI-related records
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- Reporting and notifications to facilitate approvals
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- Dashboards for real-time visibility into FOCI status
Benefits:
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- Ensure compliance with ITAR, EAR, and NISPOM
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- Accelerate contract eligibility determinations
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- Enhance security by identifying potential risks
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- Improve competitiveness by demonstrating compliance
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- Optimize FOCI processes and oversight
Customer Examples:
“We reduced contract approval timelines by 40% leveraging the FOCI module capabilities.” - Senior Export Compliance Officer
