Regulatory compliance is a key component of Product Stewardship – the practice of anticipating, addressing, and mitigating any negative environmental or health and safety impacts that a product might have at any point in its lifecycle. It’s a space that we’ve increasingly focused on as regulations continue to increase in quantity and scope.
Meeting government-mandated Product Stewardship requirements has become a challenge for compliance personnel given the difficulty of orchestrating data collection throughout a multi-layer, global supply chain. Companies have traditionally tackled the problem by increasing internal headcount or hiring professional services firms, which are proving to be costly and unsustainable in the long run.
Enter Assent Compliance –
Volition Capital Managing Partner, Sean Cantwell’s take: “Assent’s suite of software solutions and pre-established network of suppliers helps automate the process from start to finish, providing companies with an efficient, cost effective, and scalable alternative to the status quo. Not only is Assent able to replace a process that companies have typically tackled with headcount and manual work, the Company benefits from the network effect. As the number of suppliers exchanging data on Assent’s platform continues to grow, so will the number of pre-established supplier relationships on its network, helping both sales processes and on-boarding of new customers.”