ModusLink® Launches Financial Management Services to Streamline Global E-Commerce
04 December 2017 - 2:00PM
Business Wire
Worldwide payment platform accepts 350+
alternative payment methods to reach e-commerce markets in more
than 160 countries, simplifying and expediting global e-commerce
expansion
ModusLink Corporation, a wholly owned subsidiary of ModusLink
Global Solutions Inc. (NASDAQ: MLNK), a leading global provider of
digital and physical supply chain solutions, today unveiled its
Financial Management Services offering. This solution provides
brands with a secure way to expand e-commerce into new markets by
removing many of the complexities associated with global expansion.
ModusLink’s Financial Management Services offering ensures secure
transactions, regulatory compliance and fraud protection. The
solution provides brands with proven technology and business
processes to expand e-commerce and unlock opportunities for global
expansion.
“Given myriad complexities associated with expanding into new
global markets, it can take companies three to five years to enter
a new market. With ModusLink, time to market can be a mere three to
six months,” said Michel da Silva, General Manager of eBusiness at
ModusLink. “Our Financial Management Services offering is a
critical piece of ModusLink’s end-to-end e-commerce solution, as
this offering manages the burden of complying with dozens of local
regulations per region, alleviating time-consuming and costly
compliance tasks for brands eager to expand.”
ModusLink’s enterprise-class Financial Management Services
offering includes:
- Secure tax and compliance
management: Benefits include automated tax calculations and
management of VAT, indirect tax models, import/export taxing and
reporting.
- Fraud protection: Offers more
than 120 risk checks, including tokenization for recurring
payments, to strongly protect against fraud and chargebacks.
- Corporate finance services:
Management of general ledger, accounts receivable and purchase
order management, credit and collections, e-invoicing, revenue
recognition support and comprehensive statutory reporting.
- Integration with ERP: SAP-based
infrastructure allows for seamless integration into corporate ERP
strategy.
The launch of ModusLink’s Financial Management Services is part
of the company’s series of announcements surrounding enhancements
to its eBusiness group as the company develops an end-to-end
digital supply chain offering to complement its expertise in the
physical supply chain. ModusLink’s suite of digital supply chain
functionalities brings together entitlement management and
financial management services, online shops, warehousing and
fulfillment, and customer engagement centers.
More information about ModusLink’s Financial Management Services
offering is available at
www.moduslink.com/solutions/financial-management/. To learn more
about the challenges and opportunities for brands in the digital
commerce era, download ModusLink’s whitepaper: Improving Your
Company’s Bottom Line by Outsourcing E-Commerce and Merchant of
Record: The Key to Safely Processing Global Payments.
About ModusLink Global SolutionsModusLink Global
Solutions, Inc. (NASDAQ: MLNK) is a leading global provider of
digital and physical supply chain solutions. The Company helps its
clients drive growth, lower costs and improve profitability, while
simultaneously enhancing the customer experience. With operations
supported by 21 sites across North America, Europe, and the
Asia-Pacific region, ModusLink partners with the world’s leading
brands across a diverse range of industries, including consumer
electronics, telecommunications, computing and storage, software
and content, consumer packaged goods, medical devices, retail and
luxury, connected devices, and wearables among others. Our
solutions and services are designed to help global brands and
companies expand their share, across geographies and channels,
while continuously improving their end-to-end supply
chains. For further details on ModusLink’s solutions visit
www.moduslink.com, read the Company’s blog for supply chain
professionals, and follow us on LinkedIn, Twitter, Facebook and
YouTube.
This release contains forward-looking statements, which address
a variety of subjects including, for example statements regarding
supply chain solutions. All statements other than statements of
historical fact are forward-looking statements. The following
important factors and uncertainties, among others, could cause
actual results to differ materially from those described in these
forward-looking statements: ModusLink's success, including its
ability to reach its revenue, sales and profitability goals depends
on its ability to execute on its business strategy as well as the
continued and increased demand for and market acceptance of its
services; global economic conditions, especially in the technology
sector are uncertain and subject to volatility; demand for
ModusLink’s clients' products may decline or may not achieve the
levels anticipated by ModusLink’s clients; and increased
competition and technological changes in the markets in which
ModusLink competes. For a detailed discussion of cautionary
statements that may affect ModusLink's future results of operations
and financial results, please refer to ModusLink's filings with the
Securities and Exchange Commission, including ModusLink's most
recent Annual Report on Form 10-K and Quarterly Reports on Form
10-Q. Forward-looking statements represent management's current
expectations and are inherently uncertain. ModusLink does not
undertake any obligation to update forward-looking statements made
by the company.
ModusLink and ModusLink Global Solutions are trademarks of
ModusLink Corporation. All other company names and product names
may be trademarks of their respective owners.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171204005132/en/
ModusLinkKatelyn Holbrook,
+1-617-426-2222moduslink@v2comms.com