BITE Frequently Asked Questions

BITE Frequently Asked Questions. BITE: SaaS platform for companies to monitor, identify, and mitigate risk in their supply chain. Stay compliant with trade regulations using BITE's AI tool.

FAQ from BITE

What is BITE?

BITE is an innovative SaaS platform that empowers companies and organizations with data and tools to effectively monitor, identify, and mitigate risks in their supply chain, while ensuring compliance with trade regulations.

How to use BITE?

BITE provides easy-to-use APIs and web/mobile apps that allow you to stay updated with the latest watchlists, review HS-code regimes and controls lists, and monitor potential cyber intrusions.

What can I do with BITE?

With BITE, you can efficiently screen entities in your supply chain, review HS-code regimes, access watchlists, and detect cyber intrusions, all at a cost-effective rate.

How does BITE calculate risk?

BITE employs AI-based risk scoring tools to accurately calculate the risk associated with conducting business with specific entities or commodities. It also utilizes name-based fuzzy matching for improved accuracy.

What insights does BITE provide?

BITE offers real-time insights into potential trade violations, such as illegal transshipments, counterfeit products, and restricted party transactions, empowering businesses to take proactive measures.

Are there any training resources available?

Yes, BITE provides a range of training resources, including playbooks, tutorials, and videos, to assist businesses in staying compliant with industry regulations and statutes.