PR92623

NEW YORK, October 27, 2021 /PRNewswire=KYODO JBN/ --

    Eka Software Solutions, a cloud-based enterprise solutions provider,

announced today the launch of the Eka Sustainability and Environmental, Social

and Governance (ESG) reporting solution driven by its Cloud Platform to help

enterprises comply with operational and compliance best practices.

    This solution was introduced as part of Eka's long-term vision to unify

critical business processes from procurement to payments, to provide

enterprises an in-depth view of their business for greater agility and faster

decision making.

    Enterprises are aware that their achievements are no longer measured solely

by their profit and loss statements but also by their relationships with the

environment, community, and economy. Chief sustainability officers are looking

for ways to capture the essence of their sustainability initiatives by

measuring their overall impact that includes profitability, shareholder values,

social, human and environmental capital.

In recognizing the growing need to create a technology solution to help firms

meet the ESG responsibilities and reporting unique to their businesses, Eka was

able to tap into its own highly informed client base who sit at the leading

edge of the global sustainability effort, as well as leading requirements of

various industries, frameworks, and reporting standards.

   The announcement comes on the heels of significant customer adoption of

Eka's Sustainability and ESG reporting solution. Commenting on the launch,

Gautam Khurana, Director Finance, Precious Shipping Public Company Limited

said, "Integrity and sustainability are at the core of our company ethos. We

are keen to make a difference with our sustainability practices and ensure that

our stakeholders are empowered with the right information to make important

decisions. Leveraging Eka's cloud-driven Sustainability solution will help us

automate key processes related to tracking, measuring, and reporting ESG data

with a wide selection of reporting standards and frameworks to address the

diverse interests of our many stakeholders."

   Shuchi Nijhawan, Eka's ESG and Sustainability Head said, "ESG regulations,

requirements and guidelines are helping guide companies on the path to becoming

better corporates. The Eka Sustainability and ESG Reporting Solution will

enable companies to more closely monitor and report on their performance

relative to those metrics. We are proud to be on this journey with our clients

and look forward to making further enhancements to our platform as the industry

evolves."

    The Eka Sustainability and ESG reporting solution is highly configurable

and enables companies across varied sectors to track, measure and report

against relevant industry standards, regulations, and guidelines. The

cloud-driven solution can be used as a stand-alone product or can be seamlessly

integrated into the existing tech-infrastructure that powers other critical

business functions.  

    The Eka Sustainability and ESG reporting solution monitors against key

metrics including:

    - Environmental sustainability – ethical sourcing and carbon emissions can

be visualized in prebuilt sustainability reports to monitor the strategic use

of energy and resources.

    - Corporate and social responsibility – to ensure sustainable supplier

relationships and regulatory compliance.

    - Workplace health and safety – to provide a clear understanding of each

workforce, laying the foundations for ethical recruitment and worker engagement.

   Applications include:

   - Tools to facilitate training programs, incident captures, legal

proceedings and course correction measures.

   - Compliance tools for accurate corporate reporting and measurement against

requirements such as GRI, UN SDG, CGP and other commonly used standards.

   - Custom dashboards based to measure sustainability.

   - Collaboration tools to digitally connect the entire business network with

one common experience, one security model and one integrated source of data.

    According to Manav Garg, founder and CEO of Eka, "As the world shifts

towards a sustainable future, we are all recognizing the pressing need to embed

ESG and Sustainability discipline into our business operations. With the launch

of Eka Sustainability and ESG reporting solution we are empowering enterprises

with their sustainability disclosures and helping them address opportunities

and risks that affect their operations, and most importantly their reputation."

   About Eka Software Solutions

   Eka Software Solutions is a global leader in providing innovative, cloud

solutions that unify a whole range of workflows from procurement to payments.

Its platform driven solutions for commodity and supply chain management,

source-to-pay, treasury and sustainability help customers to overcome complex

challenges and accelerate their digital journey in an environment of continuous

change. With over 550 employees, Eka supports more than 100 customers globally

and has proven industry expertise in helping customers achieve digital

transformation, solving complex business challenges in an environment of

continuous change. Read more at www.eka1.com.

   Media contact:

   Sharmita Mandal

   Head Global Communications

   Eka Software Solutions  

   Sharmita.mandal@eka1.com  

   Source: Eka Software Solutions