Digital River's New White Paper Helps Consumer Electronics Manufacturers Address Complex Global Recycling and Copyright Regulations
Paper provides insights into compliance challenges and solutions
MINNEAPOLIS--(BUSINESS WIRE)-- Digital River, Inc. (DRIV) (NASDAQ: DRIV), the revenue growth experts in global cloud commerce, released its latest white paper, Regulatory Fee Management: Navigating the Complex World of Global Compliance. The white paper offers consumer electronics (CE) manufacturers insights into the complicated recycling and copyright regulations that govern the manufacture, use and end-of-life handling of electronics and electric devices. The paper also helps manufacturers weigh some of the important considerations that go into building and maintaining a successful compliance management solution. A complimentary copy of the white paper is available for free download.
Consumers around the world are purchasing electronics and upgrading or replacing existing devices with newer versions in record numbers. Also on the rise are mounting environmental concerns about the end-of-life handling of these products. To address these concerns and offset the costs of safe handling and disposal programs, an increasing number of countries now are requiring CE manufacturers to collect fees at the time of product sale.
To remain competitive as well as avoid fines and penalties, CE manufacturers selling electronics and electric devices in global markets must determine how best to comply with a web of recycling and copyright regulations that can vary by country. And this is not without impact to many internal business functions, including sales, merchandising, logistics, finance and legal, said James Gagliardi, Digital Rivers vice president of product and innovation. While managing compliance around recycling and copyright regulations is challenging, it doesnt need to be overwhelming. Our objective in releasing this white paper is to help manufacturers look at these issues and develop strategies that can reduce strain on internal resources, turn obligations into opportunities and, ultimately, drive down costs.
The complimentary white paper can help companies:
- Understand important regulatory fee obligations and challenges;
- Explore some of the questions they need to ask and answer to avoid regulatory compliance gaps; and
- Assess their ability to provide a global compliance solution.
As part of its Global Commerce solution, Digital River has offered manufacturers an automated and comprehensive online regulatory fee management tool since 2008. From their online storefront to the shopping cart, fulfillment and accounting, Digital River helps companies manage the registration process, product fees, compliance schemes, tracking, reporting and fee remittance.
About Digital River
Digital River, Inc., the revenue growth experts in global cloud commerce, builds and manages online businesses for software and game publishers, consumer electronics manufacturers, distributors, online retailers and affiliates. Its multi-channel commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running a global commerce operation. The companys comprehensive platform offers site development and hosting, order management, global payments, cloud-based billing, fraud management, export controls, tax management, physical and digital product fulfillment, multi-lingual customer service, advanced reporting and strategic marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with offices across the U.S., Asia, Europe and South America. For more details about Digital River, visit the corporate website, follow the company on Twitter or call +1 952-253-1234.
Digital River is a registered trademark of Digital River, Inc. All other company and product names are trademarks, registrations or copyrights of their respective owners.
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Digital River, Inc.
Gerri Dyrek, +1 952-253-1234
Group Vice President, Corporate Communications
Investor Relations Contact:
Ed Merritt, +1 952-225-3362
Vice President, Investor Relations
Source: Digital River, Inc.Copyright Business Wire 2012