Overview
CHALLENGES: Companies are facing tough challenges with the new European Union Deforestation Regulation (EUDR). Complex global supply chains are making it hard to track products and data. This complexity leads to time-consuming and costly data collection efforts. Additionally, the market is filled with inadequate solutions that don't ensure compliance, risking hefty fines. In this high-stakes environment, companies must quickly adapt and navigate these challenges to stay compliant and avoid penalties.
THE SOLUTION: TradeAware is the solution developed to tackle all the pains and difficulties related to EUDR in one single place. First off, its APIs enable vast compatibility with the companies existing systems. The platform includes multiple geolocation capture methods, making the whole process as smooth as possible. The deforestation assessment is built on top of LiveEO expertise, developed through 6 years of vegetation monitoring services that guarantee the highest quality. A Comprehensive Due Diligence Statement is included and guaranteed from our legal partner. TradeAware bridges the gap between your systems and EUDR requirements, enabling the achievement of comprehensive compliance.
Start your compliance journey by accessing to TradeAware Lite. Reach out to us for a free assessment and to get access to our precision analytics and enterprise package (accurate analysis with our in-house ML models, access to our API, qualified legal checks etc.) through a private offer that suits your needs.
Highlights
- AVOID SUPPLY CHAIN DISRUPTIONS: TradeAware Precision Analyses reduce errors and decrease misclassification by 97%, preventing supply chain disruptions, maximizing available supply chain and avoiding potential fines of more than 4% of revenue. Safeguard your business both financially and operationally.
- COLLECT GEOLOCATIONS FASTER Streamline your geolocation data collection by easily collaborating with your suppliers. Import geolocations yourself or delegate the task to your suppliers by inviting them to the TradeAware platform. LiveEO does not reveal sensitive information along your supply chain. We are SOC2 certified and ensure all information is stored securely.
- WORK WITH YOUR EXISTING SYSTEMS TradeAware bridges the gap between your supply chain system and EUDR compliance, including the due diligence statement and its legality check. Launch TradeAware from your procurement or traceability application via API and seamlessly link plot and product data. Reduce the complexity of achieving compliance and move faster.
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Dimension | Description | Cost/12 months |
|---|---|---|
TradeAware Lite | Start your compliance journey with our Lite product and get access to: unlimited geolocations upload, unlimited connections with your buyers and suppliers, unlimited plot level analysis using OS data, collection of supplier compliance information | $5.00 |
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