Compliance Incident Management (CIM) monitors an overview of relevant supply chain risk and provides a holistic legal overview. It enables monitoring of the status of ongoing and completed remediation actions in Compliance Incident Tracking and allows communication with necessary stakeholders. The Compliance Incident Dashboard provides an overview of all relevant incidents. Compliance Incident Reporting contains regulatory relevant incidents and remediation actions. The report provides relevant information for communication with authorities.
Compliance Incident Management
Compliance Incident Management (CIM) captures all relevant incident data. CIM comprehensively checks your supply chain for compliance-related violations and provides a holistic law overview. This enables you to monitor supply chain incidents that may violate regulatory requirements or internal sustainability goals and put you at greater financial or reputational risk.
Request a demoEnsure compliance and transparency. Creating transparency and maintaining compliance in the supply network remain a major challenge for purchasing and supply chain managers. The Compliance Incident Dashboard gives insights into a single view about all relevant incidents.
Monitor for risks and ensure compliance
With Compliance Incident Management (CIM), you can monitor your supply network for potential risks and ensure compliance to legal requirements.
Avoid liability risks: By integrating CIM and supply chain due diligence checks into a holistic risk management, you can adhere to supply chain law. Avoid fines, penalties and sanctions, as well as exclusion from public contracts.
Achieve transparency: Continuously monitor your supply network for potential risks and compliance requirements. Use artificial intelligence to automatically notify you of relevant risks in real time.
Mitigate risks related to compliance incidents
Sphera’s CIM Dashboard provides visibility in a single view about all relevant incidents, and can help you take remedial actions and communicate this across the business and to suppliers. Use ready-made and customizable action plans in which preventive measures and responsibilities are already anchored.
Benefits
React faster
Prepare a catalog of action plans for various types of risk. You can react faster to violations or incidents.
Minimize supply chain due diligence risk
Have pre-built preventive and remedial action plans on hand for all kinds of risk. Customize plans easily to fit each use case.
Avoid fines & penalties
CIM automatically documents activities, so they can be shared with authorities or other external partners.
Report to authorities
Reporting enables comprehensive documentation of Compliance incidents and mitigation activities for communication with public authorities.
Sphera Supply Chain Risk Report 2024
We are pleased to introduce the inaugural Sphera Supply Chain Risk Report. This report explores the top five risks faced by enterprises and suppliers in 2023, as well as their causes and consequences.
Our Awards
Link to be defined
Artificial Intelligence
Stratus Award for Artificial Intelligence or Cloud Computing
2023
Manager Supply Risk, DEUTZ AG
“The German Supply Chain Act leads companies to increase transparency by mapping their suppliers. Sphera Supply Chain Risk Management [formerly riskmethods] gives us the possibility to monitor all suppliers on different aspects and, by this, to fully meet the legal requirements.”
Request a demo
Fill out the form and we will get back to you to discuss your compliance incident management needs.
Explore the modules
in this suite
Our enterprise-wide, fully integrated software reduces the likelihood of incidents and operational losses. Advanced software tools build workflows to capture, track, investigate, report and analyze health and safety information.
Risk Radar
Risk Radar leverages the power of artificial intelligence to reveal supply chain risk in real time.
Impact Analyzer
Impact Analyzer helps your risk impact by detecting supplier vulnerabilities at the category level.
Action Planner
Action Planner enables collaboration with suppliers and within your organization to orchestrate risk mitigation.
