Green Status Pro News

Conflict Minerals Reporting Service for Global Manufacturers

Mar 2, 2015 2:13:51 PM
John R. Logan

An unexpected consequence of Dodd-Frank Section 1502 is that 20,000+ Companies worldwide must provide their customers with complete, current, accurate CMRTs.  US-based Green Status Pro has launched a turnkey service that cost effectively provides manufacturers with the CMRT Smelter List reports their US customers are demanding.

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Conflict Minerals 2014 Year-End Reporting Service Now Available

Nov 20, 2014 10:21:19 AM
Jack Logan

Only Green Status Pro Offers RCOI Reporting Service Handles All CMRT Versions 2.0 thru 3.02 to Accurately Perform 2014 Year-End SEC Conflict Minerals Reporting

 

Woburn, Massachusetts – Green Status Pro, the leader in Conflict Minerals Reporting Automation, is now offering a 2014 Year-End Conflict Minerals RCOI1 Reporting Service.  Only Green Status Pro’s service automates the processing of all the CFSI2 Versions 2.0 through 3.02 utilizing the latest Standard Smelter List, published November 7, 2014.  The CFSI recommends that companies use this Smelter List for 2014 due diligence reference checks.  Incorporating this reference list into an automated validation and reporting system allows the estimated 20,000 Filers and their non-filing suppliers to generate the 100% accurate RCOI reports required by the SEC for achieving compliance with Dodd-Frank Section 1502.

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Conflict-Free Sourcing Initiative CMRT Version 3.02 Automation Now Available

Nov 18, 2014 10:05:26 AM
Jack Logan

Only Green Status Pro Delivers the Ability to Accurately Perform 2014 Year-End SEC Conflict Minerals Reporting in Conformance with Newly Released Industry Standard Smelter List

 

Woburn, Massachusetts – Green Status Pro, the leader in Conflict Minerals Reporting Automation, announces that its Ingestor™ is the first Conflict Minerals Reporting software service to incorporate CMRT Version 3.02 into RCOI (Reasonable Country of Origin) reporting.  Only Ingestor’s technology can generate the 100% accurate RCOI reports required by the SEC for achieving compliance with Dodd-Frank Section 1502.

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Try Automated Conflict Minerals Reporting and CMRT Processing

Sep 16, 2014 11:18:00 AM
Jack Logan

Users Can Accurately Transform CMRTs into RCOI Reports for Free

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Conflict Minerals Reporting: 12 Lessons Learned for 2014

Aug 4, 2014 9:30:00 AM
John R. Logan

Woburn, Massachusetts – Green Status Pro, the leader in Conflict Minerals Reporting Automation, is distributing for free a concise e-book describing industry best practices. Written by Rob Kasameyer, president of Green Status Pro, Conflict Mineral Reporting: 12 Lessons Learned for 2014 identifies the initiatives industry leaders are putting in place to comply with the requirements of Dodd-Frank Section 1502 and the SEC Conflict Minerals Final Rule. This free e-book can be downloaded by clicking here. 

Conflict Minerals Reporting: 12 Lessons Learned for 2014 is a survival guide for managing current challenges, including meeting the expectations of senior corporate management. It provides both experienced compliance managers and those newly assigned fresh insights and wisdom.

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Green Status Pro Releases New CMRT 3.01 Automation

Jul 14, 2014 3:12:00 PM
John R. Logan

Woburn, Massachusetts – Green Status Pro’s Conflict Minerals automated reporting system now supports CMRT 3.01. Green Status Pro’s web-based service is the first to process version 3.01 plus all version 2.0 templates, digitally validating and reporting supplier and supply-chain smelter information, as required by the SEC rules.

SEC Filers report their suppliers are providing updated 2014 Conflict Minerals information using both versions 2 and 3 CMRTs. There are significant differences between CMRT Versions 2 and 3. These include the complete change of smelter identification numbers, additional questions in the declaration and additional information on the smelter lists. In addition, CMRT 3.01 is fully compatible with IPC 1755, the Conflict Minerals Data Exchange Standard. Only Green Status Pro automates the validation, organization and reporting of this data from all versions to a standard that will pass an independent auditor's due diligence tests. 

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RCOI Reporting Service Delivers Consolidated Smelter Reports 2 Days

Jan 22, 2014 1:51:00 PM
John R. Logan

Woburn, Massachusetts - Green Status Pro, the leader in Conflict Minerals Reporting, announces the industry’s only processing service for both validating supplier EICC-GeSI Conflict Minerals Template Reports and delivering the resulting SEC-mandated Consolidated Smelter Report. Green Status Pro’s innovative Ingestor Data Review and Reporting Service for Supplier EICC-GeSI Conflict Minerals Reports batch processes a customer’s supplier RCOI reports; validates the data and reports inconsistencies with acceptable responses; and generates consolidated and aggregated reports. Green Status Pro (GSP) provides customers with 2-business day turnaround.

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Conflict Minerals Consolidated Smelter Reporting Solution Released

Dec 30, 2013 1:26:00 PM
John R. Logan

Woburn, Massachusetts - Green Status Pro, the leader in Conflict Minerals Reporting, announces the industry’s only software service, Ingestor™, to automate the SEC requirements for Reasonable Country of Origin Inquiry (RCOI) reporting. Ingestor meets the critical compliance needs of 6,000 corporations subject to SEC oversight that must report their sourcing and custody of gold, tin, tungsten and tantalum (3TG) by May 31, 2014 and all their suppliers back to the smelter.

“Corporate compliance officers, general counsels, supply chain executives and chief financial officers are overwhelmed with the amount of effort required to process their suppliers RCOI reports provided in the industry-standard EICC-GeSI Conflict Minerals Report Template format,” declared Rob Kasameyer, Green Status Pro president. “The SEC has set a reporting deadline of May 31, 2014, and they will not make that deadline using conventional manual methods.”

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Conflict Minerals Due Diligence Reporting Service Now Available

Dec 24, 2013 10:00:00 AM
John R. Logan

Woburn, Massachusetts – Green Status Pro, the leader in Conflict Minerals Reporting, released its Roadmap CM™ software service today. Roadmap CM™ for Conflict Minerals automates the SEC-mandated annual review of a company’s conflict minerals due diligence procedures. Roadmap CM is the only cloud-based application specifically designed to simplify SEC Conflict Minerals Rule due diligence reporting responsibilities.

Every corporation that is covered by Dodd-Frank Section 1502 must annually document the effectiveness of its OECD-based Conflict Minerals Program and publicly post the findings on its Web site. The litmus test of an effective conflict minerals program is its ability to pass an independent audit. Roadmap CM is the only cloud-based application that comprehensively supports a corporation’s documentation of its conflict minerals due diligence procedures in preparation for an audit.

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The Conflict Minerals RCOI Process: Typically Not Audit-ready

Oct 29, 2013 2:30:00 PM
John R. Logan

Woburn, Massachusetts – Seven months from now, companies that report to the SEC are required to comply with Section 1502 of Dodd-Frank for the first time. “The vast majority of companies are taking the requirements of Dodd-Frank Section 1502 seriously: they are grousing but moving forward, and showing support for the humanitarian goals of Conflict Minerals,” according to Rob Kasameyer, President of Green Status Pro, the leader in Conflict Minerals reporting.

Numerous filing companies are utilizing the industry-standard EICC-GeSI worksheet as the standard for their suppliers to document their sources of Conflict Minerals. Standardizing data sheets is one thing; documenting, validating, and consolidating the data are major challenges for Compliance Officers.

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