Discover how Canadian manufacturing leaders can protect their businesses from risk when exporting to the U.S. market
Vancouver, BC – December 1, 2016
SYSPRO, a provider of award-winning, best-of-breed Enterprise Resource Planning (ERP) software solution for on-premise and cloud-based utilization, today announced that it will be conducting the second session in a special, 2-part webinar series, geared towards Canadian manufacturers, on the topic of Exporting to the U.S. on Tuesday, December 6, 2016 at 10:00 A.M. PT / 1:00 P.M. ET. Part two of the series, “Exporting to the U.S.—Mitigating Harmful Risks for Canadian Manufacturers” will explore the potential risks Canadian manufacturers must consider, when exporting to the U.S.
The first session in the webinar series, “Exporting to the U.S.—Key Strategies for Canadian Export Readiness,” explored insights into how Canadian manufacturers, who are considering exporting to the U.S., can devise a successful strategy to become export-ready. View the recorded webinar here.
The webinar on December 6th, will feature leading industry experts Dave Cavan, Regional Sales Manager for SYSPRO Canada, and Grant Thornton’s Dan Lundenberg, Partner, National Leader – U.S. Corporate Tax Services, and Brad Rolph, Partner, Tax Service Line Leader for Southern Ontario & National Transfer Pricing Leader, who will share their deep industry insights into mitigating potentially harmful risks to your business, as part of your export strategy to the U.S.
The United States and Canada have a unique and symbiotic relationship. Canada’s rapport with its largest neighbor to the south has been built on a solid, historic foundation of proximity, accessibility, cultural and language familiarity, and lucrative trade benefits due to flexible borders. Canada is the United States’ largest trade partner, and the economic climate between the two countries is robust and expanding. It therefore seems like a natural fit for Canadian manufacturers to look to the U.S. for expanding their revenue growth—beyond Canadian borders.
Although the business benefits of exporting to the U.S. seem to far outweigh any investment or preparation costs, exporting to any new market unleashes the potential for harmful risks. Many manufacturing executives are not even aware of the hazards, nor do they understand the often expensive and non-recoverable implications of things “done wrong.” Being informed and prepared for the critical factors before entering the U.S. market, is the first line of defense for business leaders—and can save them both time and money.
Register today for this informative webinar, and discover concrete strategies for Canadian manufacturing leaders to protect their businesses when exporting to the U.S. market, including:
- Considerations for U.S. taxation to remain tax efficient and compliant
- Understanding common pitfalls (and costly penalties) with regards to tax efficiency
- Recouping profits, while managing foreign exchange, repatriation, and transfer pricing issues
- A roadmap for target market selection to avoid ‘misfiring’ disasters
- Considerations for leveraging technology, such as ERP, to mitigate operational risk
“When we look at the reasons why so many small and medium-sized Canadian manufacturers are not exporting to the U.S., we seem to consistently return to a simple, but important estimation of risk,” according to Dave Cavan, Regional Sales Manager for SYSPRO Canada. “If Canadian manufacturers took the effort to adequately prepare their expansion strategy with due diligence and research, they could mitigate risk and reap financial reward. Failing to implement a sound U.S. expansion strategy that covers managing risk could cost Canadian manufacturers dearly in the end.”
The webinar is free to attend but participants must register in advance. To register for this complimentary webinar on Tuesday, December 6, 2016 at 10:00 A.M. PT / 1:00 P.M. ET, please visit:
Even if you can’t make the live date, reserve your place today and SYSPRO Canada will send you a link to the on-demand webinar recording when it’s available.
SYSPRO is one of the longest standing and largest independent, international providers of ERP systems for mid-market manufacturers and distributors worldwide. SYSPRO has for more than 35 years delivered on its promise to provide thousands of its customers globally with the tools required to effectively operate and compete. Backed by a truly dedicated and professional team of employees and partners around the world, the company’s ability to innovate and develop technologies based on the needs of customers is one of the reasons why SYSPRO enjoys one of the highest retention rates in the industry.
For more information on SYSPRO Canada visit: www.syspro.com/ca or contact SYSPRO Canada’s Head Office at Toll Free: +1 (888) 259-6666.
Discover helpful content to help you grow your business for Canadian manufacturers by visiting the SYSPRO Canada Resource Hub: http://resources.syspro.com/h/ and the SYSPRO Canada Blog: http://canadablog.syspro.com.
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