What is BITE?
Bite Supply Chain Risk Management.Bite is an easy-to-use software designed to help companies monitor, identify, and mitigate risks in their supply chain to ensure trade compliance.By leveraging automated screening and AI-based risk scoring tools, Bite reduces screening and vetting costs for large companies while increasing computation efficiency.
Through deep-dive analysis and real-time insights from large trade data sets, it assists in identifying potential trade violations, illegal transshipments, and restricted party transactions.Bite also provides resources such as playbooks and training to help users map regulations and stay compliant across various industries like commodity trading and maritime shipping.
â Core features & benefits
BITE offers a variety of features and benefits that make it a top choice for a variety of use cases. These are some of the key features:
- âī¸ Automated screening
- âī¸ AI-based risk scoring tools
- âī¸ Deep-dive analysis of large trade data sets
- âī¸ Identification of trade violations, illegal transshipments, and restricted party transactions
- âī¸ Provide resources such as playbooks and training for regulatory compliance