Program May Help Small Businesses Get Into International Exporting
Written by Ken Gaebler
A hosted software solution is poised to make exporting and importing much easier for business owners.
In what may come as interesting news for small businesses, a new Software-as-a-service, or SaaS, program may be able to help businesses sort the ins-and-outs of exporting and international trade, according to InformationWeek.
Export On-Demand version 1.2, an automated, pay-as-you-go export management and compliance system delivered online, is made by Management Dynamics. Nathan Pieri, vice president of marketing and product management at the company, said businesses interested in getting into international trade cannot be willfully ignorant when it comes to international sales. He said ignorance is liable to get small businesses in hot water.
The program will automate and manage key aspects of the global trade game, including product classification, restricted party compliance and cut down on the paperwork associated with exporting. Pieri told InformationWeek that helping businesses understand the rules and regulations will help businesses successfully expand overseas.
The Small Business Administration said that international trade is a great way to grow a business, as foreign demand is strong, advancements in e-commerce and logistics have lowered the cost of overseas business and many free trade agreements have opened up marketers for the U.S.
Have Friends Who Might Like This Article?
Share this on Twitter
Let them know on LinkedIn
Ready to Learn More? We Think You Might Like These Articles:
About Our Entrepreneur News
We publish news articles for entrepreneurs five days a week. Our small business news articles review trends in business management, analyze the impact of new government policies, monitor key economic indicators that impact small business, and cover many other topics of interest to small business owners.