Automates the process of prequalification for new suppliers or vendors across large enterprises
Clients are able to create custom categories based on associated risk level, type of work, location and regulatory requirements for assurance across the entire supply chain. Our team are able to review WHS documentation in accordance with the Safety Institute of Australia standards. This workflow and audit trail is 100% transparent to the client, including the professional profile of those involved in review and prequalification process.
Covers vendor risk profiling, licenses and insurance vetting
Prequalification capability includes WHS, financial, legal, environmental and modern slavery reporting
Configure forms according to site and project specific requirements
Intuitive online interface streamlines the administrative workload of procurement
Modern Slavery Reporting
The Global Slavery Index estimates the 40.3 million people are enslaved worldwide, including 15,000 within Australia.
use labour hire companies or migrant labour programs
supply goods and services
operate in or have suppliers from a high-risk sectors (agriculture, food processing, fishing, building and construction, tourism and hospitality, cleaning, security)
supply companies with annual turnover of more than $50 million
Each financial year, commercial organisations in NSW with a turnover of more than $50 million will need to prepare and publish a modern slavery statement containing the steps taken to ensure that their goods and services are not a product of supply chains in which modern slavery is taking place.
A penalty of up to $1.1 million applies for:
failing to prepare a modern slavery statement;
failing to publish a modern slavery statement; or
providing false or misleading information in connection with a modern slavery statement
Additionally, the Australian government is set to pass its own Modern Slavery Bill through the Senate within the next week or so. The Commonwealth Bill will apply to organisations with revenue over $100 million per financial year (compared with $50 million for the NSW Act). An entity will be required to prepare a modern slavery statement that describes:
its structure, operations and supply chains;
the risks of modern slavery practices in its operations and supply chains, and those of any entities that the reporting entity owns or controls;
the actions taken by the reporting entity and any entity that the reporting entity owns or controls, to assess and address those risks, including due diligence and remediation processes. This may include may include the development of policies and processes to address modern slavery risks, and providing training for staff about modern slavery; and
the effectiveness of those actions taken.
ComplyFlow has partnered with SD Strategies (www.sdstrategies.com.au) and is positioned to help companies respond effectively to these reporting requirements. We now offer an efficient and cost-effective mechanism for supply chain assurance and reporting on modern day slavery risk management, through our supply chain pre-qualification capability.