Conflict Minerals Management fulfills requirements for SEC disclosure by adhering to the EICC / GeSI CMRT or (Conflict Minerals Reporting Template) IPC-1755 organized framework. CSRware® offers a standardized ability to pull together key data from suppliers to facilitate the transfer of information through the supply chain regarding mineral country of origin and smelters and refiners being utilized.
With CSRware®, you get what you need to fulfill your requirements, NOT complex software to manage. We keep it simple, allow you to manage your data and we remove the manual / technical complexity so you can focus on audits and SEC reporting.
CSRWARE WHITE GLOVE – FULL SERVICE
CSRware® manages the entire process for you to meet Dodd-Frank 1502 compliance. We combine the power of the our Conflict Minerals Management platform with our Advisory Group: domain professionals who drive supplier engagement, data collection, verification of data results and assess the quality of data to generate the required forms and reports needed to comply with customer requests, prepare for audits and report to the SEC.
- Our team handles the complexity for you so you can manage strategy, planning and risk avoidance
- Removes the need for you to manage the manual efforts and spreadsheet consolidation.
- Do it yourself or run the software on your own – it’s up to you based on your internal needs
Our complete solution makes your data gathering and SEC reporting simple, cost effective and repeatable. You no longer have to manage large amounts of data, managing supplier responses or generating a final auditable report.
THE CHALLENGE WE SOLVE
Simplifying the accuracy of your data when dealing with a vast supply chain and distributors. To identify the presence of conflict minerals within your manufacturing process, it can be costly and involve complicated software implementations. Consultants offer expertise, but is often not repeatable or affordable.
CONFLICT MINERALS SOFTWARE OFFERS:
- EICC CMRT or IPC-1755 version control – WE TRACK VERSION CHANGES
- Data integrity management – NO MORE EXCEL MANAGEMENT
- Export using format of your choice – AUDIT TRAIL REPORTS
- Enhanced data Analytics using dashboards – UNIQUE RISK METRICS
- Compilation of supplier results – GENERATE ONE FINAL REPORT
MANAGE CORRECTIVE ACTIONS
Prepare for 3rd party audits using our Corrective Actions project management to track progress against non-compliance or other related activities.
- Create Corrective Actions
- Assign to a designated person
- Track progress against due dates
- Align with audits and reporting
- Apply key metrics for analysis
CONFLICT MINERALS MANAGED SERVICE
If you need software, but don’t have the expertise or resources to manage it, let CSRware manage the software for you.
Managed Service Package includes:
We manage Conflict Minerals data from your suppliers
We engage, remind and contact suppliers
We remove duplicate data from data input
We export data in a format useful to you and auditors
Software Managed Services Adoption:
Collaboration: we work with you to define requirements
Implementation: deployment prepared for your internal review & sign-off
Verification: validation of your data and results in dashboards and reports
Launch: we now launch the software and work with you to ensure success
SEC REPORTING ORGANIZATION & COMPLIANCE COVERED
CSRware is aligned with the SEC issue rule on Conflict Minerals pursuant to Dodd-Frank Section 1502, culminating in initial reporting due in 2014. Section 1502 deals with the use of four specific metals– tin, tantalum, tungsten and gold (3TG) – which are used in a wide range of consumer products across numerous industries. The purpose of the rule is to eliminate sourcing of these minerals from countries with genocidal practices.
CSRware has followed legislation of Conflict Minerals in the United States and its impact on global partners. We are aligned with the OECD guidance to conduct supplier engagement at the supplier level in order to identify the presence of 3TG (tin, tantalum, tungsten or gold) and attempt to determine the origin of those minerals.
Estimates suggest that 50% of all SEC issuers are impacted by this new rule. Also, a large number of privately held companies within issuers’ supply chains will be affected. Issuers’ will need to survey their supply chain to ensure compliance.
It’s amazing how pervasive conflict minerals are in our daily lives. Companies need to avoid sourcing from impacted areas while offering the same level of product value at a reasonable price. It can be done, but it requires attention.
If you need a simple approach to get started, use our Conflict Minerals Management Software, out-of-the-box or leverage our flexible environment to adapt to your requirements. It offers a very simple distribution methodology allowing you to send questionnaires, manage email distribution with one-click, analyze results to address potential risk, drive corrective actions, and ensure compliance.