Buyer’s Guide: Product Compliance Software (2022)

Published 26 May 2022 by Christopher Sayers & Bill Pennington &

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Executive Summary

This report provides executives in EHS, product stewardship, product design and sustainability roles with an up-to-date analysis of 11 prominent product compliance software platforms available on the market today. Our analysis leverages data collected from 11 vendors via questionnaires and publicly available information. The product compliance software landscape is diverse, with buyers able to select from five software provider types, each with specific platform traits and advantages. Innovation in the product compliance software market is being driven by the need to solve growing supplier data challenges, an evolving regulatory landscape and increasing pressure from ESG and sustainability initiatives. Consequently, advancements in AI and automation, proactive compliance, product composition transparency, data standardization and quality, and digital product passports are key fields of development that buyers should review. Executives should use this guide to support them in their search for a product compliance platform that fits their needs and to help them build a shortlist.

Table of contents

Buyer’s Guide: Product Compliance Software (2022) 
Defining Product Compliance Software
Product Compliance Functionality Can Be Found In Software From Five Different Provider Types
Product Compliance Software That Enables ESG Strategies Allows Firms To Reduce Costs And Maintain A Competitive Advantage 

Review Of Key Product Enhancements 
The Product Compliance Market Is Being Shaped By ESG Pressures And A Growing Data Problem 

Inclusion Criteria For The 2022 Product Compliance Software Buyer’s Guide 
3E Benefits From A Long History In Regulatory Compliance To Provide Broad Software Functionality And Services Support 
Assent Offers Product Compliance And Supply Chain Sustainability Solutions Suited To Complex Manufacturers 
Benchmark ESG Offers Dedicated Stewardship Functionality Alongside EHS And ESG Solutions 
Cority’s Robust Chemicals Management And Waste Management Modules Enable Product Compliance 
EcoOnline Offers Chemicals Management Functionality That Supports End-To-End Supply Chain Control 
Enablon Delivers A Product Compliance Solution Within A Comprehensive EHSSQ Platform 
iPoint Offers Software And Services To Fulfil Buyers’ Product Compliance And Sustainability Needs 
SAP’s Product Compliance Offering Is Suited To Buyers Seeking To Expand Their SAP Software Suite 
Sphera’s Integrated Product Compliance Offering Helps Customers Enhance Their Product Stewardship And ESG Goals
UL Offers Industry-Specific Product Compliance Solutions And Extensive Chemical Substance Data 
VelocityEHS Has Aggressively Invested To Pair Product Compliance With A Robust Chemicals Management Solution 

 

Table of figures

Figure 1. How Product Compliance Fits Into The Product Stewardship Landscape 
Figure 2. Functional Areas Product Compliance Software Must Support 
Figure 3. Five Software Types Available To Buyers 
Figure 4. Product Compliance Software Example User Journey 
Figure 5. Three Drivers Of Product Compliance Innovation 
Figure 6. Integrating Product Data Sources 
Figure 7. Key Questions Buyers Should Be Asking 
Figure 8. 3E Product Compliance Solution Overview 
Figure 9. Assent Compliance Product Compliance Solution Overview 
Figure 10. Benchmark ESG | Gensuite Product Compliance Solution Overview 
Figure 11. Cority Product Compliance Solution Overview 
Figure 12. EcoOnline Product Compliance Solution Overview 
Figure 13. Enablon Product Compliance Solution Overview 
Figure 14. iPoint-systems Product Compliance Solution Overview 
Figure 15. SAP Product Compliance Solution Overview 
Figure 16. Sphera Product Compliance Solution Overview 
Figure 17. UL Product Compliance Solution Overview 
Figure 18. VelocityEHS Product Compliance Solution Overview 

About the authors

Christopher Sayers

Industry Analyst

Chris is an Industry Analyst in the Verdantix EHS practice. His current research agenda focuses on digital mental health and wellbeing solutions. Chris joined Verdantix in 2020 and has previous experience at EY, where he specialised in robotic process automation (RPA). He holds an M.Eng. in Engineering Science from Oxford University with a concentration in machine learning and machine vision.

Bill Pennington

Research Director, Environment, Health & Safety

Bill leads the Verdantix Environment, Health & Safety practice. His current agenda focuses on EHS and sustainability services, product stewardship as well as benchmarking EHS technology buyer’s budgets, priorities and preferences globally. Bill comes from a background of corporate EHS roles in the manufacturing and logistics industries. He holds an MBS degree in sustainability from the Rutgers University.

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