May 23, 2024

Freaking Out Over Trade Compliance? How 3rdwave Tames Trade Data for Control Freaks

46 minutes

Are spreadsheets swallowing your compliance team whole? Learn how leading companies tame vast data volumes with AI-powered software.

Andy and Lalo sit down with Grant Sernick of 3rdwave and Josh Blinkick to discuss the challenges of managing ever-growing trade compliance data. As regulations expand, how can importers streamline complex processes and support overwhelmed teams?

Main Topics:

- Spreadsheets swell beyond 150 columns as importers track hundreds of data points

- Gaining control over chaotic trade data with centralized software

- Digitizing handwritten notes and disparate sources to leverage AI

- Streamlining workflows to address issues 8 weeks out, avoiding last-minute crises

Key Insights:

- "3rdwave is freaking control for control freaks" - Grant Sernick

- "Good data is necessary for AI application in trade compliance" - Andy

- "Once you get there, it's not like the solutions are necessarily particularly crazy expensive, you just have to get there to understand that their time is valuable, that people are valuable." - Grant Sernick

Learn how industry leaders conquer vast compliance data volumes. Discover how centralized systems and AI can streamline import processes and support overworked teams to stay compliant amid constant change.

Find us on YouTube: https://www.youtube.com/@SimplyTradePod

Enjoy the show!

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Show references:

Global Training Center - www.GlobalTrainingCenter.com

Simply Trade Podcast - twitter.com/SimplyTradePod

Grant Sernick - https://www.linkedin.com/in/grantsernick/

Josh Blinick - https://www.linkedin.com/in/josh-blinick/

3rdwave - https://www.3rdwave.co/

Contact [email protected] or message @SimplyTradePod for:

Advertising and sponsoring on Simply Trade

Requests to be on the show as guest

Suggest any topics you would like to hear about

Simply Trade is not a law firm or an advisor. The topics and discussions conducted by Simply Trade hosts and guests should not be considered and is not intended to substitute legal advice. You should seek appropriate counsel for your own situation. These conversations and information are directed towards listeners in the United States for informational, educational, and entertainment purposes only and should not be In substitute for legal advice. No listener or viewer of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal advice from counsel. Information on this podcast may not be up to date depending on the time of publishing and the time of viewership. The content of this posting is provided as is, no representations are made that the content is error free. The views expressed in or through this podcast are those are the individual speakers not those of their respective employers or Global Training Center as a whole. All liability with respect to actions taken or not taken based on the contents of this podcast are hereby expressly disclaimed.

...more