Globalization today means that
practically every company is an exporter. A recent study highlights the massive
mid-market of exporters in the United States:
▪
Nearly 97 percent of U.S. Exporters
are small and medium-sized enterprises (SME)
▪
The Number of SME Exporting companies
rose 102 percent from 1992 to 2003
▪
More than 25% of U.S. Exports Are
From Small & Medium-Sized Enterprises
Export markets are a key element of
top-line growth with SME export revenue increasing 67% from 1992 to 2003.
However, most companies do not understand the extent to which the US regulates
exports and their specific responsibilities as an exporter under the law.
In the United States, the regulatory environment is complex with many different
federal agencies charged with regulating exports including the State Department,
the Commerce Department, the Treasury Department, the Nuclear Regulatory
Commission, the Food and Drug Administration, and the Department of Energy to
name just a few.
"An
Export Management and Compliance Program (EMCP)
can assist you in developing a
system to capture analysis, decisions,
accountability and implementing
procedures to stay in compliance
with the Export Administration
Regulations (EAR)."
Bureau of Industry & Security (BIS)
The Bureau of Industry & Security, part of the Department of State is charged
with helping companies to implement an
Export Management System (EMS). The goal
of this program is to ensure that each export/re-export is treated consistently
and in compliance with U.S. export laws and regulations. It is a framework that
describes both administrative and screening responsibilities to help exporters
comply with regulations and maintain export privileges. Management Dynamics’
Export On-Demand is a complete
trade automation solution that helps US small & medium sized exporters establish
an EMS, automate many aspects of compliance and demonstrate reasonable care.
Discover the rich features of Export
On-Demand by reading the
solution overview.
Available on a flexible, on-demand architecture,
Export On-Demand can be quickly
deployed and configured for an SME Exporter. The solution covers all of the key
export compliance capabilities including maintaining reference data,
screening
trade parties, producing documentation and maintaining audit trails with the
following detailed capabilities:
▪
State-of-the-art dashboard views and
workflow tools to organize the entire compliance process.
▪
A multi-organization and role-based
security model to configure the export process according to a company’s desired
business process.
▪
A comprehensive product master to
store all global compliance data with XML integration to access baseline product
data from available enterprise systems.
▪
Access to Management Dynamics’
Trade Content to
research classifications, export controls, corresponding import controls and
documentation requirements.
▪
Manual 'quick entry' wizards to efficiently create
trade party or shipment records when XML-based system integration is not
available.
▪
Powerful screening engines based on computational
linguistics to identify potential issues with ship-to and end-user parties to a
transaction.
Avoid potential fines and preserve export privileges
▪
Improve productivity and avoid hiring additional
compliance managers to handle increases in export sales
▪
Establish central control over all compliance
information
▪
Extend and coordinate key processes with other
business groups
▪
Collect, monitor and analyze key compliance metrics
to improve operations
"We
needed an efficient way to maintain our export
compliance and streamline export processes all with the
ability to quickly scale to support our Logistics and
Repair business. Management Dynamics offered an
easy-to-use, cost-effective solution that automates our
export shipments and ensures compliance with all export
regulations."
