How CURABIS Can Assist Small and Medium-Sized Enterprises with ESG Reporting through Microsoft Business Central

With the new EU requirements for ESG reporting (Environmental, Social, and Governance) soon coming into effect, small and medium-sized enterprises (SMEs) face a new reality. Although these companies might not be directly covered by the new regulations, their role as suppliers to larger companies means they will still need to comply with ESG requirements. In this context, CURABIS can play a crucial role by implementing Microsoft Business Central, which can help businesses achieve sustainable compliance and effective ESG reporting.

The Challenges of ESG Reporting for SMEs

The new EU requirements under the Corporate Sustainability Reporting Directive (CSRD) mandate that larger companies report their sustainability efforts, including ESG metrics. This means that SMEs supplying these larger companies may be required to provide ESG data. Although they are not directly covered by CSRD, they will be indirectly affected as larger companies will demand reports on their suppliers' sustainability practices.

For SMEs, this can be challenging, as they often lack the resources that larger companies have to manage complex reporting requirements. Therefore, it is important for them to have a solution that makes ESG reporting as simple and efficient as possible.

Microsoft Business Central as a Solution

Microsoft Business Central offers a robust platform that can help SMEs integrate ESG reporting into their daily business processes. This platform supports businesses in automating and streamlining their reporting processes, allowing them to focus on achieving compliance without losing productivity.

With Business Central, companies can integrate ESG data into their existing systems, making it easier to collect and report the necessary information. This can include data on energy consumption, waste management, working conditions, and other sustainability metrics important for ESG reporting.

CURABIS' Role in Implementation

CURABIS provides expertise in implementing Microsoft Business Central, helping SMEs navigate the new ESG requirements. By partnering with CURABIS, companies can ensure they get the most out of Business Central while also meeting the new EU requirements for ESG reporting.

We assist our clients in customizing Business Central to their specific needs, including setting up automated reports, integrating ESG data, and optimizing business processes. This means our clients can be proactive in ESG reporting, which not only helps them meet the requirements but also positions them as attractive partners for larger companies.

The Benefits of Being Proactive

By being proactive in ESG reporting, SMEs can gain several advantages. Firstly, it can strengthen their position in the supply chain, as larger companies will prefer suppliers who already have their ESG data in order. Secondly, it can enhance the company's reputation by demonstrating a serious commitment to sustainability. Finally, it can help identify areas where the company can improve its sustainability efforts, leading to cost savings and increased efficiency.

How CURABIS Can Help Your Business

At CURABIS, we understand that ESG reporting can be overwhelming, especially for SMEs. That’s why we offer tailored solutions that make it easier for companies to meet the new requirements. Our experts work closely with your teams to ensure that the implementation of Microsoft Business Central runs smoothly and that the system is configured to support your company’s specific ESG goals.

We also provide ongoing support and advice, keeping you up to date on the latest requirements and best practices in ESG reporting. This means you can focus on running your business while we handle the technical and reporting aspects.

Conclusion

The new EU requirements for ESG reporting represent a significant change for many companies, especially SMEs. However, with the right technology and partner, these requirements can also be seen as an opportunity to strengthen your company’s position in the market. By implementing Microsoft Business Central with the help of CURABIS, your company can ensure it is well-equipped to meet the new requirements and take advantage of the opportunities that ESG reporting brings.

CURABIS is here to help you navigate these changes and ensure that your business not only meets the new requirements but also thrives in an increasingly sustainability-focused world.