MercuryGate Enhances Global Trade Management (GTM) Capabilities
CARY, N.C. – MercuryGate International, Inc., a leader in Transportation Management System (TMS) solutions, announced today, at their annual user conference Velocity2017, that the company is enhancing its comprehensive global offering through an OEM agreement with Integration Point, a leading provider of Global Trade Management (GTM) solutions. With the total volume of world merchandise trade growing by 1.7% in 2016 and expected to grow between 1.8% and 3.1% in 2017, according to the World Trade Organization, an increasing number of companies are looking outside of the U.S. borders to find and connect with trading partners, suppliers, and customers. With expanded global trade compliance capabilities, MercuryGate is further reducing risk and ensuring compliance for these organizations.
“We work with numerous global customers to manage the complexity of their supply chains and as a result recognize the increasing challenges often encountered with compliance, especially in today’s ever-changing global trade environment,” said Monica Wooden, CEO and Co-founder, MercuryGate International, Inc. “We are pleased to join forces with Integration Point, a world class GTM provider, to strengthen our TMS solution offerings.”
MercuryGate’s global TMS solution uses localized terms, languages, currencies and units of measure according to geography and requirements. The system also enables shippers to directly file Electronic Export Information (EEI) via the Automated Export System (AES) and submit Importer Security Filings (ISF) to comply with 10+2 regulations. With MercuryGate’s template management tool, customers can generate all necessary import and export documents. The first release of the joint integration and OEM is denied party screening. By leveraging trade content and capabilities provided by Integration Point, MercuryGate’s customers can now expedite the process of screening for denied parties and embargoed or sanctioned companies. Customers now have the capability of continuous screening and access to comprehensive denied party sources, enabling more efficient execution of this important aspect of managing global shipments. Additional capabilities are in the pipeline and will be announced as available.
“There are many benefits to integrating GTM capabilities with TMS systems; GTM and TMS enables organizations to optimize, automate, and monitor cross-border transactions in ways that were not available traditionally from TMS providers” said Tom Barnes, CEO of Integration Point. “Now, MercuryGate’s TMS customers can optimize the entire global supply chain as well as reduce risk by using our advanced compliance capabilities.”
MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency. MercuryGate offers business intelligence to improve transportation processes, increase customer satisfaction, and reduce costs. Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at www.mercurygate.com.
About Integration Point
Integration Point offers a comprehensive suite of global trade management products encompassing all industries, geographies, and trade programs. By delivering visibility and localized knowledge for over 200+ countries and territories on a single, web-based platform, Integration Point enables over 600 companies worldwide to achieve global compliance while maximizing supply chain savings. Integration Point provides solutions for import/export management, product classification, free trade agreement qualification, export screening, drawback, foreign-trade zone operations plus other duty deferral programs, supply chain security, and post entry validation. With 645 team members across every major continent, Integration Point ensures clients combine local best practices with global standards when deploying a global trade management platform. Contact Integration Point at www.IntegrationPoint.com.
Debra Phillips, Director of Marketing
MercuryGate International, Inc.