FORT WALTON BEACH, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) — Source Intelligence, the industry-leading SaaS company for supply chain compliance and transparency, announces its acquisition of Compliance Map, an environmental compliance platform and of the supply chain, as of Monday July 18.
Compliance Map specializes in enterprise software solutions to automate obligations arising from material compliance regulations (such as RoHS and REACH), conflict minerals, extended producer responsibility, supply audit management accountability, country or origin requirements and supply chain transparency.
This acquisition enables Source Intelligence to expand its global presence in Europe and APAC, expand its team of supply chain compliance experts, and enhance its ability to assist clients in a regulatory landscape in constant evolution.
“Having seen Compliance Map build a solid reputation with very satisfied clients over the years, we are excited to integrate their solutions with our software to create the all-in-one compliance and ESG solution for the supply chain. most comprehensive supply,” comments Glenn Trout, CEO of Source Intelligence. “Combining Compliance Map with our software means we can provide a fully integrated customer experience. For current and future customers, it means less risk and uncertainty, and more trust.”
Compliance Map President Anthony Delengaigne is confident in what the two companies will accomplish and how clients around the world will benefit from the fusion of a shared culture and vision.
“Source Intelligence shares the same customer- and people-centric culture and mission as Compliance Map, which has enabled us to deliver quality customer-centric solutions,” says Delengaigne. “I feel inspired by what our collective value team will bring to this shared vision and together we are confident that we can continually evolve and innovate our platform.”
The combination of Compliance Map’s sophisticated software with Source Intelligence’s state-of-the-art database will provide customers with the most comprehensive supply chain compliance software in the world.
“Compliance Map’s impressive software and Source Intelligence’s regulatory expertise and data collection capabilities make a powerful combination,” says Trout. “What excites me the most about the combination of Compliance Map and Source Intelligence is that we will be able to provide our customers with a superior supply chain compliance solution, as well as the foundation most comprehensive and highest quality data available.”
About Source Intelligence: Source Intelligence provides industry-leading supply chain compliance SaaS solutions that streamline the evolving complexities of sustainable sourcing and parts and component management in supply chains. With a team of long-time PhDs, scientists and executives, Source Intelligence solutions deliver positive results for supply chain transparency, obsolescence management, ESG initiatives and more.
About the compliance card: Compliance Map is the world’s most comprehensive environmental and supply chain compliance software with over 120,000 users worldwide. Its sophisticated solutions, along with a team of regulatory compliance experts, help clients manage and automate due diligence obligations for Global RoHS, REACH, EPR, Conflict Minerals and more.
Press contacts: Amanda Lindberg, Director of Marketing
Email: [email protected]
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