PR94558

NEW YORK, Feb. 17, 2022 /PRNewswire=KYODO JBN/ --

- Running on Microsoft Azure, the suite of solutions will help enterprises rise

to the challenge of the "big pledge era" and achieve net-zero goals

    Eka Software Solutions, a global leader in providing enterprise cloud

solutions for the CFO's office, today announced that it is collaborating with

Microsoft to offer a robust suite of solutions, enabling businesses to reduce

their impact on climate change and help them spark a positive change through

their sustainability initiatives.  

    The joint go-to-market offerings will provide sophisticated, cloud-driven

sustainability solutions for enterprises to track, measure and gain meaningful

insights across their carbon usage, supplier relationships, governance,

workforce management, and circular economy.  

    The creation of the International Sustainability Standards Board (ISSB) at

the recent COP26 conference is a major step to globally align ESG reporting.

Conscious of the expectation to provide tangible and credible evidence of their

sustainability status, organisations across the world are setting targets to

reduce their carbon footprint and reach net-zero emissions.

    The increased pressure is leading chief sustainability and financial

officers to look for ways to standardize relevant ESG data collection and

reporting with robust solutions that will help them rise to the "big pledge"

and measure performance against their sustainability goals.

    Running on Microsoft Azure, Eka's comprehensive suite of solutions will

enable businesses to gain complete and real-time visibility to track carbon

emissions. Benefitting from the hybrid and trusted cloud technologies of Azure,

pre-built frameworks and analytical dashboards on Eka's ESG and sustainability

reporting solution will further help them report it as per industry-mandated

frameworks and reduce their environmental footprint across all emission

sources.

    Manav Garg, CEO and Founder of Eka, said: "ESG and Sustainability reporting

is subject to a lot of attention but little clarity, and businesses continue to

struggle with multiple reporting standards and frameworks. The strong, trusted

relationship between Microsoft and Eka is at the heart of this exciting

collaboration, and we are committed to providing enterprises the support they

need with their ESG and sustainability disclosures, empowering them to address

opportunities that will benefit the world today and generations to come."

    Ahmed Mazhari, President, Microsoft Asia, said: "At Microsoft, we believe

sustainability is critical to meet the economic, societal and environmental

needs of today and the years to come. In the current landscape of multiple

reporting frameworks, proactive solutions like Eka's will support our

customers' sustainability journey. We are pleased that Eka is using the power

of Microsoft Azure for its cloud solutions to enable leaders of global

enterprises to progress their business strategies and reach their

sustainability goals faster."

    With this collaboration, enterprises will benefit from pre-built frameworks

to report against various industry standards including GRI, SDG, SASB, CDP,

TCFD, SECR, GRESB and BRSR. With Eka's highly configurable platform-driven

solution, businesses can easily build more frameworks as their requirements and

regulations continue to evolve and take shape. Together with Microsoft, Eka

will help enterprises unlock the value and benefit of ESG and Sustainability

reporting.

    Eka leverages its cloud platform to deliver agile SaaS solutions for over

100 customers worldwide, digitizing mission critical workflows from

procurement, trading & risk, to supply chain, sustainability, and treasury. As

an official signatory of United Nations Global Compact (UNGC), Eka is committed

to incorporating the principles of UNGC into its business practices to propel

holistic business transformations for all pertinent stakeholders, including

employees, customers, partners and vendors through its multi-faceted, powerful

cloud platform.

    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

    Sharmita.mandal@eka1.com

    Director Global Communications

    Eka Software Solutions

    Source: Eka Software Solutions