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Transparency Suite for the Supply Chain Act

The solution not only helps meet legal duties but also frees up time to improve human rights in your supply chains

The Supply Chain Due Diligence Act is already in effect!

Since January 2023, companies with more than 3,000 employees must prove that they analyze their supply chains with regards to human rights, define corrective measures and implement them. The law places the responsibility for this on the management. German companies must introduce a complaint procedure directed through a complaint management system and act when violations become known. Thus, the German Supply Chain Due Diligence Act (LkSG) would emerge as a game changer to stop human rights violations.

One holistic solution for all requirements of the law

Our in-house developed out-of-the-box solution, based on ServiceNow helps you:

  • To continuously assess your supply chains including that of the direct suppliers or indirect suppliers involved and classify them into risk clusters
  • To propose assessments that match the due diligence and, if necessary, to plan, implement and document corrective actions
  • To compile the data for the report to BAFA (Federal Office for Economic Affairs and Export Control)
  • To be able to provide legally compliant answers in the event of complaints on the basis of communication agreements

From contract to compliance, method saves time and enables new options

A graphic illustrates the Transparency Suite process in the form of a globe

The solution is based on our methodology from contract to compliance and includes a risk management system that is updated automatically daily. Depending on the selected package, internal and external data are combined to not only fulfil legal obligations but also to create time to optimize supply chains in terms of human rights. The integrated contract lifecycle lanagement enables you to contractually agree on your code of conduct and necessary corrections, including e-signature, and to use them for communication without media disruption.

Fit for future – the scalable solution ready for Germany, Europe and ESG

The solution is designed to be modular and scalable. Include additional tiers in the supply chain with external data, check contract clauses for additional risks or changed legal situations with AI and include them in the risk analysis, or save travel costs and CO2 emissions with our AR-assisted remote audit functionality. The Transparency Suite solution can be readily utilized to comply with various regulatory requirements, including those pertaining to data privacy, data sharing, and the implementation of a comprehensive ESG management and reporting platform. Talk to us and let us surprise you with the many additional possibilities.

White paper: Supply Chain Act

Download this white paper to understand the business value and impact of ‘Supply Chain Act’ as companies must report human rights data from 2023.

Deep dive into sustainability

We look forward to bringing transparency in your enterprise!

Our experts support you with end-to-end risk analysis across your supply chain and processes. Achieve goals and legal requirements from the Supply Chain Act with our know-how!

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