IntegrityNext has introduced two AI-powered solutions to enhance compliance and transparency across global supply chains.
Positioned as the leader in its field, IntegrityNext is renowned for its extensive network and innovative technology, which are pivotal in helping industries meet complex regulatory and sustainability challenges.
The newly launched products are designed to address two critical areas: EUDR Compliance and Multi-Tier Supply Chain Visibility. These solutions come at a crucial time when businesses across all sectors are grappling with some of the most stringent supply chain regulations introduced in recent years. By leveraging cutting-edge AI technology, IntegrityNext aims to simplify compliance processes and enhance transparency at multiple tiers of the supply chain.
IntegrityNext has long been at the forefront of providing AI-driven supply chain solutions. The company’s platform uses advanced AI to deliver a comprehensive view of supply chains, enabling businesses to manage sustainability risks more effectively. This capability is crucial for companies looking to maintain competitive advantages while adhering to increasing regulatory demands.
The Multi-Tier Supply Chain Visibility solution utilizes AI to map suppliers, materials, and processes down to the raw material level. This extensive visibility allows companies to identify and mitigate sustainability risks proactively. The EUDR Compliance tool, on the other hand, automates data collection and risk assessments, helping businesses comply with the EU Regulation on Deforestation-Free Products. These tools are not only about achieving compliance but also about improving the sustainability of supply chains through enhanced procurement and sourcing strategies.
Looking ahead, IntegrityNext plans to introduce additional tools aimed at combating forced labor and measuring CO2 emissions. These tools will help companies meet requirements such as those set by the Corporate Sustainability Due Diligence Directive (CSDDD) and the Carbon Border Adjustment Mechanism (CBAM), preparing them for future regulatory changes.
Over the past year, IntegrityNext has expanded its presence in the United States and opened a new headquarters in New York City. This strategic move aims to enhance localized services and strengthen relationships with North American clients, supporting the company’s ongoing growth and success.
“Our latest solutions prove that even the most complex supply chains and strict regulations can be efficiently managed with the right tools,” IntegrityNext CRO and co-founder Simon Jaehnig said. “Traditional methods of managing supply chain data are being challenged, but with AI, companies can achieve a level of transparency previously thought impossible. Our customers are already feeling the immediate impact of time savings, increased efficiency, and ease of reporting our AI innovations bring.”
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global
