Companies need to screen vendors against OFAC sanctions lists before payment but lack an integrated, simple solution.

Existing solutions like W-9 and TIN matching do not screen for sanctions, and dedicated OFAC tools are often complex or designed for financial institutions.

Severity

4High

Willingness to Pay

implied

Added

May 29, 2026

App Concept

SanctionShield

SanctionShield is a simple, automated OFAC screening tool for non-financial businesses. It integrates with AP workflows to check vendors against government sanctions lists before payment, giving compliance confidence without complexity.

Key Features

Automated OFAC screening of vendor name, address, and ownership
Integration with QuickBooks, Xero, and other accounting software
Real-time alerts on matches with clear pass/fail status
Audit trail for compliance documentation

Target Users: Accounts payable managers and business owners in non-financial industries (e.g., home services, construction, retail) who pay vendors and need sanctions compliance

Revenue Model: $99/month per company for up to 500 vendor checks, with volume discounts

Existing Solutions Mentioned

W-9TIN matching

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