High-growth companies leverage trade compliance as a competitive advantage, emphasizing importance of technology.

From GlobeNewswire: 2025-03-17 06:45:00

Descartes Systems Group released findings from a study on successful trade compliance strategies. The study showed that fast-growing companies view trade compliance as a competitive advantage, with 39% of them seeing it as such compared to 22% of slower-growing companies. Additionally, 57% of companies surveyed believe technology is important for competitive advantage in trade compliance strategies. The study also revealed that 86% of fast-growing companies see technology as fundamental to growth strategies. Companies with expected growth allocate an average of eight people to trade compliance activities, compared to six in companies anticipating limited or no growth.



Read more at GlobeNewswire: 39% of High-growth Companies Leverage