Your ESG vision, in action
Organizational pledges to improve environmental, social, and governance issues are just the beginning. SMART+ ’s platform drives actionable and measurable ESG collaboration across your entire supply chain.
Organizational pledges to improve environmental, social, and governance issues are just the beginning. SMART+ ’s platform drives actionable and measurable ESG collaboration across your entire supply chain.
Supplier incentives can take the form of preferential rates on early payments to those who demonstrate commitment to environmental performance or who qualify on social criteria.
Forward-thinking companies committed to supporting certain types of businesses (minority-owned or those in developing countries, for example) can do so by delivering capital to those in need.
Actively encouraging positive performance through financial incentives creates a more functional – and therefore sustainable – community.
SMART+ provides comprehensive support for your program – from selecting the right funders, setting discount tiers, internal change management, supplier outreach, and reporting to program stakeholders – to help you maximize success.
At a glance, this unique tool lets you see how sharing ESG qualifications allows suppliers to benefit from preferential liquidity. If your board wants to see results that align with baseline expectations, here they are. If not, it’s clear what actions to take.
Ensure the most cost-effective funding goes where you want it to go. Preferential methods might be specific financing rates for suppliers that meet performance objectives or social criteria. The matrix can be as multi-layered or as simple as best suits you. We’re here to pave the way.
Businesses track ESG objectives in various ways, and SMART+ adapts to your environment by tapping into any of those data sources. We are configured to handle ESG data sources from rating agencies such as EcoVadis, government sources, supplier self-attestation, company scorecards, and more.
Accelerate your cash flow today.