looking into sustainability providers such as EcoVadis , who are able to remove the burden of measurement and evaluation for the function ,” says Glotfelty .
“ Payment solutions are also useful tools to drive sustainability efforts ,” he adds . “ Digitalisation in this area can help organisations to incentivise their suppliers with early payments to improve their sustainable efforts .”
Xyloyiannis concludes : “ When it comes to driving sustainability efforts , embracing best-of-breed technology to address specific challenges is immensely valuable . But this only works when the various systems used are integrated . Therefore , a platform that integrates supplier data with other functions across all solutions is fundamental .
“ This way , a single source of truth in supplier data can be accessed and maintained – across every single solution within the stack . This is the route to enabling supplier experience management and making informed ESG decisions .”
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