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Using ERP Systems as the Foundation for Scope 1, 2 & 3

Leveraging your ERP system as the foundation for calculating Scope 1, 2, and 3 emissions offers significant advantages in terms of accuracy, trustworthiness, and ease of auditing. This guide highlights the value of using ERP data as the source of truth in your carbon accounting processes.

The Value of ERP Data in Carbon Accounting​

Your ERP system is a centralized repository of your company's financial transactions, making it the most reliable source for data required in carbon accounting. Here's why using ERP data is beneficial:

1. Always in Sync with Financial Data​

  • Consistency with Accounting Records: BeWo includes only posted data that has been accepted by your accounting department, ensuring consistency between financial and carbon accounting.
  • Real-Time Updates: We monitor changes to transactions, such as credit notes or adjustments, and reflect them in your emissions calculations.
  • Error Reduction: Traditional ESG reporting methods can lead to data discrepancies and mistakes during data collection and calculation. By aligning with your ERP data, these risks are minimized.

2. Leveraging Existing Financial Processes​

  • Streamlined Data Collection: Utilizing financial accounting processes for data collection simplifies the carbon accounting workflow.
  • Efficiency: Avoid the need to manually collect data from various sources; instead, rely on data that's already been systematically recorded.
  • Alignment with Financial Metrics: Ensures that carbon accounting metrics are directly correlated with financial performance indicators.

3. Audit-Ready Reporting​

  • Transparency: BeWo links emissions data directly to the same documents and records that financial auditors review.
  • Audit Trail: Maintain a comprehensive audit trail that logs who made changes and when, enhancing accountability.
  • Compliance: Facilitates compliance with regulatory requirements and standards by providing verifiable data.

Benefits of Using ERP Systems for Scope 1, 2 & 3 Calculations​

Enhanced Accuracy​

By using data from your ERP system, you ensure that your emissions calculations are based on accurate and verified financial transactions.

Trustworthiness​

Aligning carbon accounting with financial data increases trust among stakeholders, including investors, regulators, and customers.

Simplified Auditing​

An audit-ready approach reduces the time and resources required for external audits, making it easier to demonstrate compliance.

How BeWo Integrates with Your ERP System​

Seamless Integration​

BeWo connects directly with your ERP system, enabling automatic data import and synchronization.

Continuous Monitoring​

Our system continuously monitors your financial transactions for any changes, ensuring your emissions data is always up-to-date.

Data Security​

We adhere to strict data security protocols to protect your sensitive financial information.

Feel free review our privacy policy and data processor agreement for more information.

Getting Started​

To leverage your ERP system for accurate Scope 1, 2, and 3 emissions calculations:

  1. Integrate Your ERP System: Connect BeWo with your ERP platform.
  2. Configure Data Access: Set permissions and select the data to be used.
  3. Monitor Data Pipeline: Ensure data is flowing correctly into BeWo.
  4. Review and Optimize: Use the Data Optimizer to verify data accuracy.

👉 Learn more: Integrate with BeWo

Learn More​

Need Help?​

If you have any questions or need assistance, our support team is here to help.

👉 Contact Support: Support Page

By using your ERP system as the foundation for carbon accounting, BeWo helps you achieve accurate, trustworthy, and audit-ready emissions reporting, streamlining your journey towards sustainability.