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Become a partnerSupply Chain Due Diligence: Structured Instead of Complicated
Meeting social and environmental supply chain due diligence obligations is now demanded of companies on several levels: not only through legislation such as the LkSG, CSDDD, and CSRD, but also through the growing number of requests from business partners, customers, and banks for clean due diligence processes. With our software, you have your supply chain due diligence under control.
LkSG, CSDDD, supplier inquiries – VERSO handles the processes so you stay in control.
The Supply Chain Platform has further increased transparency across our suppliers. That’s been a major benefit for us.
The EUDR brings with it high regulatory requirements and complex data flows. With VERSO, we were able to set up and test a process early on that works in day-to-day operations. What was especially valuable for us was the combination of sound regulatory understanding and a solution that puts even complex scenarios like imports into practical use.
We chose VERSO because the platform helps us actively manage our supply chain — specifically by creating transparency, qualifying suppliers, analyzing risks, and thereby fulfilling our due diligence obligations while achieving our sustainability goals.
We were particularly impressed by the simple implementation of upstream supply chain transparency by VERSO Supply Chain Hub. With the automated risk analysis and professional support, we can efficiently fulfil the requirements of the LkSG and other regulations.
With the VERSO Supply Chain Platform, we have found a solution for engaging with suppliers on the right topics and bringing about changes in the supply chain.
The partnership with VERSO is an important step towards gaining a holistic overview of our international supply chain and creating transparency right down to the depths of the complex supply and value chain.
Thanks to the VERSO Supply Chain Hub, we had almost all of our suppliers on board in a very short time and are now able to provide a meaningful risk analysis. The transparency gained in the supply chain forms a solid basis for long-term partnerships and sustainable measures.
Why supply chain due diligence is essential
Due diligence obligations are no longer just a compliance matter today, but also a management lever for more resilient supply chains. Companies must systematically identify, assess, and address risks in their supply chain. This requires robust supply chain due diligence processes that not only meet requirements but also create transparency and make procurement more capable of taking action.
Because only with a structured supply chain due diligence process is it possible to:
- Identify risks along the supply chain at an early stage
- Gain a better overview of suppliers, origins, and critical structures
- Manage measures in a targeted way and document them traceably
- Strengthen compliance and resilience together
How software eases the burden on procurement in supply chain due diligence
In mid-sized companies in particular, supply chain due diligence without software costs a great deal of time and resources. There is a lack of capacity to manually ask suppliers for information while also keeping track of everything. Procurement in particular faces major challenges:
- “Sustainability and compliance topics land on my desk, but I don’t have the know-how or the resources for them.”
- “In our company, there are no clear responsibilities for sustainable procurement.”
- “I lack a reliable overview of risks in my supply chain.”
- “I don’t have a full overview of suppliers, origins, raw materials, and the deeper tiers of the supply chain.”
- “The volume of data and its integration into our processes and systems is getting over my head.”
- “I have to deal with constantly changing requirements, even though much is still barely standardized and our supplier structures are very complex.”
Supply chain software provides noticeable relief here: inquiries to suppliers can be sent out in a standardized and automated way, all data comes together in one place, and risks, measures, and evidence remain traceable and manageable.
Regulatory requirements in focus: CSDDD and LkSG
The LkSG and CSDDD require companies to systematically identify, assess, and effectively address human rights and environmental risks along their supply chains—including clear documentation and verification obligations. Key areas of action under CSDDD and LkSG for procurement:
- Identify and prioritize risks
- Manage prevention and remediation measures
- Document and report evidence
- Account for climate-related requirements
With the VERSO Supply Chain Hub, you cover the requirements of the LkSG, CSDDD, and other ESG regulations within a central, digital structure—efficiently and future-proof.
Identify supplier risks early – with automated risk analysis
Risk analysis is at the core of supply chain due diligence obligations. With VERSO, you create transparency across all suppliers, automatically assess human rights and environmental risks, and prioritize the most critical cases, for new, existing, and indirect suppliers across all supply chain tiers.
- AI-based risk assessment
- Prioritization by purchasing volume, number of employees, and risk class
- Automatic request for additional information to mitigate risk
- Overview of all risks and measures per supplier
- Optional: extend risk management to additional categories (e.g., financial, geopolitical, cyber risks)
Risk analysis forms the basis for managing supplier risks. A comprehensive risk management system, however, is indispensable today—with VERSO, it can be seamlessly integrated into your procurement processes and implemented without additional effort. Learn more on our Supplier Risk Management page.
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VERSO – Your partner for supply chain due diligence
VERSO is the pioneer in sustainability and ESG software for medium-sized businesses – offering scalable solutions that stay fully up to date with regulatory requirements. We work closely with our legal partner Taylor Wessing to provide you with the highest possible level of legal certainty.
We guide you through sustainability.
Including your supply chain.
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