Data quality verification: the pivotal value driver in sourcing, procurement, trading & compliance
The quality of your data has major impacts upon risk management. Our recent Cavally Cocoa Farm Data Study suggests that ~30% of smallholder field data may not be reliable. ~75% of tropical commodities such as cocoa, coffee, palm oil, soy and rubber, are insufficiently traceable.
Specialists in data verification for over a decade, we offer real-time field and physical flow data verification and compliance for 35 origin countries in cocoa, coffee, palm oil and more — with new data stress tests, commodities and origins added continually.
Integrate real-time data verification & compliance validation into your procurement cycle
Meridia Verify offers real-time data verification and compliance validation for seamless integration into commercial procurement cycles.
Available via monthly or annual subscription and via our secure portal or API, Verify includes data auditability and proposed risk mitigation resolutions to improve data quality, a centralised data source offering a ‘single version of the truth’, and more.
We incorporate close to 50 rigorous tests on field data, physical flow data, and EUDR compliance—more than any other provider. That’s because everything starts and ends with the veracity, the overall quality, of your data.
“Data verification helps us strengthen our digital data collection and plays a key role in increasing transparency and accountability in supply chains. Through Meridia’s data quality verification, we receive insightful and practicable recommendations which help us continuously improve our due diligence efforts and be at the forefront of traceability solutions.”
Kate Clancy
Group Sustainability Director, Cocoa & Chocolate at Cargill
Roadmap to EUDR compliance
Working directly from the source articles, we assess and validate EU Deforestation Regulation (EUDR) compliance in four key areas.
Data quality
Risk rating on data truthfulness at farm level including geolocations and attributes
Covering data integrity, consistency and plausibility
Deforestation
Deforestation tests according to the EUDR definition, based on reputable sources (Source EUDR Article 9(1)g)
Legality
Risk rating on legality at farm level
Covering land use and indigenous rights; Environmental and Forest protection; Human rights and more
Traceability
Risk rating on truthfulness of traceability data at parcel level (chain of custody)
Covering data integrity, consistency and plausibility
Deep insight into data for proactive risk management
1. Comprehensive testing
Every farm record gets a score in each of the 40+ tests. Results are organised by risk category and geographic risk area.
2. Customisable analysis
Breakdown data by supplier, farmer and more. Scoring allows filtering of compliant and non-compliant data, to the purpose of the dataset.
3. Proactive compliance
Identify farm data that will be non-compliant within 12 months and proactively manage compliance risk.
4. Actionable recommendations
A final report with risk matrices, risk mitigation and management recommendations, due diligence statement and certificate of data quality verification.
Meridia Verify is underpinned by strong data governance & management
1. Robust methodology
Close to 50 tests on field data and physical flow data veracity and EUDR compliance
Practical resolutions for major risk contributors
Validated by independent industry experts
2. Advanced technology
Secure data lake
Fully automated testing with real-time results
Data scalable up to 10 million farms per origin
3. Origin law & Industry standards
Utilising earth observation, ground-truthing and verified reference datasets
In accordance with country of production laws and industry standards (ECA, ECF)