Verimus ClearESG assists businesses with a global presence in enhancing supply chain visibility, improving data management, fostering supplier engagement, and automating reporting processes.
This includes providing an online third-party accessible platform for onboarding support offering fully interactive analytics for supply chain tracing. Further integrating with accounts and sales functions to connect product inputs to end customers, and implementing automated board reporting utilising global sourcing risk protocols.
Robust Risk Methodology
We understand the critical importance of identifying, assessing, and managing risks across your global supply chain. Our robust risk methodology pulls from multiple reputable sources guaranteeing you have a comprehensive and proactive approach to supply chain risk analysis. We understand that targeted and customised due diligence is not always practical or possible on an entire supply chain, however through a combination of advanced analytics and proven risk protocols, we help businesses identify potential vulnerabilities within their supply networks, including financial, operational, and compliance risks. Undertaking automated inherent risk assessments can form the key first step in “issue spotting” for further targeted due diligence.
Ongoing Monitoring
Our system continuously monitors and evaluates suppliers based on a range of risk indicators, such as financial stability, environmental impact, labour practices, and regulatory compliance. This data-driven methodology empowers you to take informed, strategic actions that mitigate risks before they escalate, helping your business maintain operational continuity, protect its reputation, and comply with global regulations.
Customised Targeted Due Diligence
Verimus ClearESG provides businesses with customised, targeted due diligence tools to ensure that you can effectively evaluate and engage suppliers based on their unique profiles. Our platform allows you to tailor your due diligence processes to the specific risks and requirements of each supplier, giving you the flexibility to address a wide range of factors potentially impacting your supply chain. By combining robust due diligence frameworks and automated reminders to suppliers, Verimus ClearESG reduces the manual effort involved in due diligence and accelerates decision-making. This targeted risk-based approach not only helps you stay compliant with industry regulations but also strengthens your external reporting with real-life supply chain case studies.
The Verimus ClearESG solution has successfully collaborated with complex supply chains to map operating and raw material source locations undertaking robust risk assessments in over 120+ countries.
Interactive Dashboards
With a focus on actionable insights, our solution supports interactive dashboards providing real-time analysis and visually engaging insights into the flow of goods, materials, and information across the entire supply chain. These dashboards allow users to interact with and explore complex data in a user-friendly format, enabling them to zoom in on specific nodes, analyze relationships between manufacturers, and distributors, and identify bottlenecks or vulnerabilities. With customisable filters and drill-down capabilities, we ensure reporting aligns with your strategic goals including visibility of performance metrics, lead times, risks, and costs at various levels of granularity, from a high-level overview to detailed supplier-level information.