Lieferkettensorgfaltspflichtengesetz
German Supply Chain Act (LkSG) Compliance
ProcessUnity for the German Supply Chain Act (LkSG) simplifies compliance responsibilities with a streamlined, universal source of truth to evaluate vendors and establish robust automated due diligence.
Automate German Supply Chain Act Compliance
Lieferkettensorgfaltspflichtengesetz, aka the German Supply Chain Act or LkSG, requires organizations to establish due diligence procedures to identify and prevent human rights violations and environmental harm throughout their supply chains. This includes implementing risk assessments, centralizing supplier information and monitoring compliance activities. In the terms of LkSG, this means aligning with due diligence obligations that take a threefold approach of avoidance, prevention and remediation.
ProcessUnity simplifies German Supply Chain Act compliance by automating due diligence procedures, streamlining risk assessments and centralizing supplier information. Our solution encompasses:
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Automated Workflows
Automate key compliance processes including risk assessments and compliance tracking, saving you time and resources while ensuring consistent and efficient compliance efforts across the entire supply chain.
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Reporting and Analytics
Real-time reporting and analytics enable organizations to identify areas for improvement and monitor compliance efforts over time. By providing key insights into compliance efforts, organizations can take proactive steps to improve their processes and mitigate potential risks before they become issues.
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Geopolitical Event Tracking
Track global events and their impact on your supplier risk evaluations. Automatically recalculate supplier abstract risk scores and provide review/remediation workflows and event reporting.
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Centralized Supplier Information
Centralize all supplier information, providing a single source of truth for supplier data to simplify the management of large supplier networks. By consolidating all supplier information, organizations can easily monitor supplier compliance and identify potential areas of risk.
Key Benefits:
- Establish due diligence procedures across your supply chain
- Streamline risk assessments and compliance tracking
- Centralize supplier information for a complete view of vendor risk
- Mitigate reputational harm and protect your company’s brand image
- Score supplier-level preventative measures across six pillars
- Maintain an extendable risk library for LkSG
- Automate supplier abstract risk scoring
- Reduce the cost and complexity of German Supply Chain Act compliance
Complete the form below to contact us and learn how ProcessUnity can help your organization maintain regulatory compliance for the German Supply Chain Act.
Request a Demo: ProcessUnity's LkSG Compliance Software
Ready to streamline your compliance with the German Supply Chain Act? Schedule a call today to see how ProcessUnity for the German Supply Chain Act can simplify compliance requirements for your organization.
Request a Demo: ProcessUnity's LkSG Compliance Software
Frequently Asked Questions
The Lieferkettensorgfaltspflichtengesetz (LkSG), or German Supply Chain Act, requires companies based in Germany or with German-registered locations to implement standardized and measurable due diligence procedures to identify, prevent, and remediate human rights violations and environmental risks across their supply chains.
To comply with LkSG, companies must:
- Establish robust risk management systems
- Conduct supplier risk assessments
- Implement preventive and corrective measures
- Maintain accessible complaint avenues
- Document and report due diligence annually
Yes. LkSG compliance can be automated with software that:
- Streamlines due diligence workflows
- Centralizes supplier data
- Tracks geopolitical and ESG risks
- Delivers real-time reporting and remediation management
Effective German Supply Chain Act software should offer:
- Automated risk assessments
- Centralized supplier information
- Real-time compliance tracking
- Complaint management systems
- Integration with external risk data sources for continuous monitoring
LkSG software simplifies compliance by:
- Automating due diligence and reporting workflows
- Consolidating supplier data into a single source of truth
- Enabling proactive risk identification and mitigation
- Generating audit-ready reports
These capabilities reduce the associated resource costs and complexity that comes with compliance.