As the detrimental effects of deforestation continue to influence worldwide legislation, companies are subjected to additional supply chain compliance obligations, such as those of the European Union Deforestation Regulation (EUDR). Several commodities are within the scope of the EUDR, each with its own strict criteria and reporting requirements. Companies must follow a three-step due diligence process for each commodity used in their products. Tracing commodities to their source while mitigating risk quickly becomes unmanageable for companies with already over-burdened compliance teams.
Source Intelligence delivers a comprehensive solution to the challenges of EUDR compliance. Our EUDR program facilitates product tracing, risk assessments, and document collection and management through powerful software. With law-based compliance processes, premade set-ups per commodity, and numerous reporting formats, our EUDR solution empowers businesses to effortlessly achieve compliance while actively contributing to the safeguarding of our planet's forests.
Key features of our EUDR software:
Streamline due diligence efforts, such as supplier engagement, data collection, and report generation, and refocus internal resources on managing other parts of your business.
Identify high-risk suppliers, initiate corrective action, and monitor their progress to reduce the risk of fines or supply chain disruptions and make informed sourcing decisions.
Enable suppliers and external risk assessors to enter data in a centralized location and easily generate on-demand compliance reports and documents to fulfill customer requests.
Gain comprehensive insight into your supply chain beyond tier 1 suppliers with best practices proven to reduce supplier fatigue and consistently improve response rates and data accuracy.