Compliance regulations stemming from the USA Patriot Act and Office of Foreign Assets Control have created uncertainty and confusion affecting the entire operation, from accounting to investors. While there are no clear-cut guidelines on how to adhere to these changing regulations, one thing is apparent--your reputation and your business are at stake.

Fortunately there are ways to manage and control compliance procedures. MicroEdge solutions facilitate due diligence, foster transparent workflow processes, and provide a complete audit trail. Grantmakers can perform verification list checks of both organizations and individuals immediately prior to making payments, ensuring that due diligence is performed at this crucial stage, with the most current information available.

MicroEdge's flexible system addresses the main issues of compliance through:

• Upfront data collection
• Essential fact checking
• Easier due diligence from within your grantmaking platform for:
• IRS requirements, OFAC/USA Patriot Act, Sarbanes-Oxley/SAP 990 and more…
• A complete audit trail for all compliance-related activities
• Expanded compliance checking through integration with multiple commercial compliance verification services