The cost of non-compliance is too great of a burden for any company to bear, regardless of company size. Amber Road's annual mid-market report highlights the trade compliance concerns for small-medium sized businesses that share the same export challenges as large organizations. Surveying over 170 mid-market companies across a variety of industries in 2018, this report will equip your organization with the knowledge to successfully navigate trade compliance.
Amber Road's digital white paper explores a variety of concerning survey findings. Some key takeaways include:
88% of companies indicated they have a full or partial export compliance program, yet only 19% are using a software solution to automate
Nearly a quarter of businesses had zero to one dedicated compliance resource
The presence of an export compliance program at organizations directly correlates with the awareness and involvement of senior management
Nearly half of companies were found to be vulnerable to doing business with a denied party