29.10.2021 – 05:07
Eka Software Solutions
New York (ots/PRNewswire)
Eka Software Solutions, a provider of cloud-based business solutions, today announced the launch of the Eka solution for sustainability and environmental, social and governance reporting (ESG), which is based on its cloud platform and helps companies comply with Best Operations and compliance practices supported.
This solution was introduced as part of Eka’s long-term vision to standardize critical business processes from procurement to payment transactions in order to give companies a detailed overview of their business, thus enabling greater flexibility and faster decision-making.
Companies are aware that their performance is no longer measured solely by their profit and loss accounts, but also by their relationships with the environment, the community and the economy. Sustainability officers look for ways to capture the essence of their sustainability initiatives by measuring their overall impact, which includes profitability, shareholder values, social, human and environmental capital.
Recognizing the growing need for a technology solution that can help companies meet ESG responsibilities and business reporting, Eka has had its own well-informed customer base at the forefront of global sustainability efforts Meets the requirements of various industries, frameworks and reporting standards.
The announcement follows a significant customer acceptance of the Eka solution for sustainability and ESG reporting. Gautam Khurana, Director Finance, Precious Shipping Public Company Limited, commented on the launch: “Integrity and sustainability are at the core of our corporate ethos. We want to make a difference with our sustainability practices and ensure that our stakeholders have the right information to make important decisions. Using Eka’s cloud-based sustainability solution will help us automate key processes related to tracking, measuring and reporting ESG data while utilizing a wide range of reporting standards and frameworks to serve the diverse interests of our numerous stakeholders consider.“
Shuchi Nijhawan, Head of ESG and Sustainability at Ekasaid: “ESG rules, requirements and guidelines help companies become better businesses. Eka ‘s sustainability and ESG reporting solution will enable companies to more closely monitor their performance on these metrics and beyond We are proud to be treading this path together with our customers and look forward to further improving our platform as the industry evolves.“
The Eka solution for sustainability and ESG reporting is highly configurable and enables companies from various industries to track, measure and report on the relevant industry standards, regulations and guidelines. The cloud-based solution can be used as a stand-alone product or seamlessly integrated into the existing technology infrastructure that supports other important business functions.
The Eka solution for sustainability and ESG reporting monitors key metrics, including:
- Environmental sustainability – ethical sourcing and carbon emissions can be visualized in pre-designed sustainability reports to monitor the strategic use of energy and resources.
- Corporate and social responsibility – to ensure sustainable supplier relationships and compliance with regulations.
- Health and Safety in the Workplace – to create a clear understanding of each worker and to lay the foundation for an ethical attitude and worker engagement.
- The applications include:
- Tools to facilitate training programs, incident recording, litigation, and course corrective actions.
- Compliance tools for accurate company reporting and measurement based on requirements such as GRI, UN SDG, CGP and other common standards.
- Custom dashboards to measure sustainability.
- Collaboration tools to digitally connect the entire corporate network with a common experience, security model, and integrated data source.
Manav Garg, founder and CEO of Eka, explained: “As the world moves towards a sustainable future, we all recognize the urgent need to incorporate ESG and sustainability discipline into our business processes. With the introduction of the Eka solution for sustainability and ESG reporting, we are helping companies disclose them Sustainability data and help them address opportunities and risks that affect their business and, most importantly, their reputation. “
About Eka software solutions
Eka Software Solutions is a leading global provider of innovative cloud solutions that standardize a whole range of work processes from procurement to payment transactions. The platform-based solutions for raw material and supply chain management, source-to-pay, treasury and sustainability help customers master complex challenges and accelerate their digital journey in a constantly changing environment. With over 550 employees, Eka supports more than 100 customers worldwide and has proven industry expertise in supporting customers with digital transformation and solving complex business challenges in an environment of constant change. Read more under www.eka1.com.
Head of Global Communication
Eka Software Solutions
Original content by: Eka Software Solutions, transmitted by news aktuell