Achieving conflict minerals compliance poses an enormous challenge for an estimated 6,000 businesses affected. Privately held and international companies are also being impacted as audit requirements push through the supply chain to an estimated 278,000 companies worldwide. Tracing the source of materials to confirm a conflict-free status involves the collaboration of literally hundreds, if not thousands, of suppliers.

 

The magnitude and complexity of the compliance process could easily overwhelm manual techniques and conventional technology (emails, phone calls, phone tag
follow-up, spreadsheets),  which are inherently costly, time-consuming and error-prone. And companies not in compliance are subject to liability and penalties by the SEC, including cease-and-desist orders. Given the impending deadline, quick and decisive action is imperative.

 

^{THE SOLUTION}

Applying that depth of Conflict Minerals collaboration and reporting as part of the Corporate Compliance and Sustainability suite of services, ClearTrack provides a powerful interactive service to collect, manage, aggregate and report conflict minerals information with both speed and efficiency.

 

Our powerful tools systematically distribute and track country-of-origin and
conflict-minerals inquiries across your supplier community to meet the demanding compliance requirements of your customers, the SEC and other regulatory authorities.

 

Contact us to arrange an online demonstration today!

[email protected]   877.377.4400