The Data Quality Navigator supports your CSRD compliance by ensuring accurate reporting data through:

  • Efficient CSRD data collection workflows.
    Efficient CSRD data collection workflows.
  • Automated CSRD data validation.
    Automated CSRD data validation.
  • Continuous CSRD data quality monitoring.
    Continuous CSRD data quality monitoring.
  • Integration with CSRD tools, enabling ESG calculations and reporting.
    Integration with CSRD tools, enabling ESG calculations and reporting.

Many companies face challenges in managing data for CSRD reporting and compliance effectively. The lacking data availability, insufficient data quality and high data collection efforts of the reporting data impact the accurate and efficient CSRD report creation.

Unstructured CSRD Data Collection

Structured data collection is difficult due to the numerous data sources, various data types, and multiple contributors and stakeholders which are usually distributed across locations and departments. The use of unstructured data like Excel sheets without any tracking makes it additionally challenging to manage and ensure data consistency.

No CSRD Data Validation Processes

The absence of data validation processes and the need for data in specific formats lead to significant risks in reporting incorrect data. Approval processes can get overlooked, and there is a lack of transparency, making it difficult to maintain accountability and ensure the accuracy of the reported information. Common CSRD suits are not designed to handle data quality aspects, leaving these issues unaddressed.

High Manual Handling Effort

Manual data handling due to the lack of validation and unstructured data is error-prone and time-consuming. This tedious work lowers motivation and productivity among employees, making it an inefficient approach to managing CSRD compliance.

The CSRD Reporting Process

Data Quality Navigator supports the CSRD data preparation with timeline management, collection workflows, CSRD data transformation templates, and CSRD data validation checks, all while adhering to auditable standards. Governed by a time-bound project management framework, the Data Quality Navigator provides clean, accurate CSRD data serving either as the vital basis for internal report creation or as input to a CSRD reporting tool.

CSRD Timeline Management

The Data Quality Navigator offers a timeline monitor and management dashboards to track the progress of the CSRD initiative against milestones, providing visibility into each phase of the CSRD data lifecycle and enabling proactive management.

  • Effective tracking of CSRD milestones
  • Timely intervention for bottlenecks
  • Enhanced visibility of CSRD data lifecycle stages

CSRD Data Collection

During data collection, contributors upload their data to the Data Quality Navigator, where it is automatically validated and cleansed, eliminating errors from the beginning. An overview report provides insights into the status and resolved issues.

  • Automated validation and cleansing
  • Immediate error elimination
  • Insightful status overview reports

CSRD Data Transformation

During CSRD data transformation, automated rules are applied to identify duplicates, allowing users to deduplicate data in the Data Quality Navigator. This automated approach streamlines the process, mitigating errors and enhancing efficiency.

  • Automated transformation rules
  • Duplicate identification and removal
  • Enhanced efficiency in data preparation

CSRD Data Validation

CSRD report data is automatically analysed during upload and transformation, identifying inconsistencies, inaccuracies, and anomalies. While certain errors are corrected automatically, other findings need to be reviewed by validators using workflow management reports, replacing manual spreadsheet based CSRD data validation with a streamlined and audit-proof process.

  • Automated analysis and error correction
  • Workflow management for validation
  • Transparency and easy tracking of validation status

CSRD Data Provisioning

In the data provisioning phase, validators upload the validated data into the CSRD reporting software. Previous validations ensure the data is error-free and correctly formatted for an easy upload.

  • Easy integration into CSRD reporting software
  • Error-free data uploads
  • Correctly formatted data from previous validations

CSRD Audit Trail

The Data Quality Navigator maintains comprehensive records of all changes made throughout the data lifecycle, including detailed logs of user actions, ensuring a transparent audit trail and meeting audit requirements.

  • Comprehensive change records
  • Detailed logs of user actions
  • Transparent audit trail for compliance

Find out how you can establish trust in your CSRD data!

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