Onventis and IntegrityNext Navigate ESG-Goals in Procurement

Geopolitical challenges, volatile markets, and a wide range of due diligence requirements make transparent cooperation with qualified and sustainable business partners within the supply chain indispensable.

Suppliers are thus assuming an increasingly important position within the companies’ value chain, and supplier management is thus becoming a decisive factor for operational resilience and economic success. Against this background, Onventis is expanding its product portfolio to include ESG risk information from IntegrityNext.

ESG Risks: Monitoring of procurement processes via API Connector

By connecting via the "IntegrityNext API Connector,” ESG risks along the supply chain are identified early and compliance with legal due diligence and sustainability requirements is ensured. Purchasing teams regularly conduct risk analyses based on automated supplier assessments and anchor preventive measures simultaneously. ESG risks are displayed in a dashboard as a report or assessment criterion (e.g., in supplier management). Potential suppliers can be quickly pre-qualified via configured, free assessments. Through the interface, immediate suppliers are continuously monitored based on sustainability profiles, enabling procurement teams to create supply chain-related CSR reports directly in Onventis with just one click.

Conformity with relevant sustainability and compliance standards

Purchasing digitalization forms the basis for resilient supply chains. Medium-sized companies that do not promptly implement digital systems and thus the basis for data-based risk management in their purchasing and finance areas are giving away critical competitive advantages. With the combined solutions of Onventis and IntegrityNext, purchasing and finance processes are holistically digitalized, and functionalities in supplier risk assessment are extended to include sustainability information. In addition to this connection, comprehensive supplier management solutions are available for continuously monitoring supply chain risks, such as individual supplier qualification and classification. Sustainable and compliant suppliers can be found in seconds via Onventis‘ open supplier network. Enhanced insights in dealing with regulations and specifications are achieved in IntegrityNext via supplier questionnaires. Central inquiries and master data transfers ensure reliable and responsible qualifications.

ISO standards and Code of Conducts can be screened with a single click, while environmental and social disclosures are included in approval processes from the outset. A central contract platform for managing contracts and targeted supplier qualification creates the basis for risk-reduced and crisis-proof supply networks.

Learn more about the IntegrityNext partnership as well as Onventis’ sustainability solutions here: onventis.de/partner/integrity-next

About IntegrityNext

The IntegrityNext platform enables companies to quickly and cost-effectively audit their supplier base against sustainability-related regulations (e.g., supply chain due diligence law), standards (e.g., international human and labor rights), and voluntary commitments (e.g., supply chain decarbonization/Net Zero). IntegrityNext helps its clients identify and manage ESG risks along the value chain, reducing reputational and financial risks and improving sustainability performance. integritynext.com