Company Name:
Mandrill Tech Sdn Bhd (1130506-W)
Sector
Digital Agriculture, Digital Services, Digital Cities, Digital Health, Digital Finance, Digital Trade, Digital Content, Digital Tourism, Islamic Digital Economy, Transportation, Government, Telecommunication, Utility and Energy, Manufacturing
Tech Enabler
Data Centre & Cloud, Cybersecurity, Drone Tech, Blockchain, Internet of Things (IoT), Robotics & Automation, Artificial Intelligence (AI) and/or Big Data Analytics (BDA), Creative Media Technology including Extended Reality (XR)/ Mixed Reality (MR), Advanced Network Connectivity and/or Telecommunication Technology, Integrated Circuit (IC) Design and/or Embedded Software
Support Sustainability or ESG
Yes
Overview:
Corporate companies today face significant challenges in managing environmental, social, and governance (ESG) data and consolidating financial data from multiple subsidiaries. These tasks often require substantial manual effort, leading to inefficiencies, inaccuracies, and missed insights. Mandrill Tech’s Lestar ESG and Lestar CEO360 leverage cutting-edge AI technology to address these pain points, enabling companies to achieve streamlined data management, insightful reporting, and informed decision-making.
Pain Points for Corporate Companies
• Complex ESG Data Management:
Difficulties in collecting, consolidating, and reporting ESG data in line with regulatory standards.
High manual workload and risks of data entry errors.
Lack of actionable insights from raw ESG data.
• Inefficient Financial Consolidation:
Time-consuming processes to consolidate financial data across subsidiaries.
Limited visibility into enterprise-wide financial health in near real-time.
Challenges in identifying anomalies and cost-saving opportunities.
• Fragmented Decision-Making:
Reliance on outdated systems or siloed data for key decisions.
Inefficient communication and delayed access to critical insights.
How Lestar ESG Addresses ESG Challenges
• Comprehensive ESG Data Hub:
Lestar ESG simplifies ESG data management by providing a centralized, cloud-based platform for data entry, consolidation, and reporting.
• Advanced AI for Reporting:
The Generative Report feature uses AI to produce tailored, human-readable reports segmented by ESG sectors. This enables seamless alignment with Bursa Malaysia’s requirements and international standards.
• Enhanced Decision-Making:
Real-time dashboards powered by AI provide actionable insights, helping companies monitor their ESG performance and identify areas for improvement.
How Lestar CEO360 Revolutionizes Financial Management
• Unified Financial Dashboard:
The platform consolidates financial data from all subsidiaries into a single, AI-driven dashboard, offering a comprehensive view of the company’s financial health.
• AI-Powered Anomaly Detection:
Lestar CEO360’s Anomaly Detection Engine flags irregular financial trends, such as uncharacteristic spending, empowering finance teams to take corrective actions promptly.
• Spending Suggestion Engine:
By identifying cost-saving opportunities and promoting intercompany collaboration, the system optimizes inventory purchases and reduces unnecessary expenses.
Pain Points:
1. No audit trail
2. Using Excel for Data Collection
3. Multiple Entities that hard to manage
4. Difficult to Monitor ESG Progress
5. Too Many ESG Standard and Compliance
Solution/Services:
Solution Name: Lestar ESG
Lestar ESG is designed to address the complex challenges organizations face in ESG (Environmental, Social, and Governance) reporting and compliance. By leveraging its advanced modules and cutting-edge technology, Lestar ESG transforms ESG data management into an efficient, accurate, and actionable process.
Lestar ESG leverages its powerful combination of advanced technologies, intuitive modules, and AI-driven insights to tackle the most pressing ESG challenges. It empowers organizations to streamline their ESG data management, ensure compliance, and drive impactful, sustainable decisions in an ever-evolving regulatory landscape.
Key Features and Functionalities
• Cloud hosted.
• Unified Analytic Dashboard.
• AI Powered Anomaly Detection Engine.
• Generative AI Chatbot.
• Real-Time Update Information.
Implementation:
The implementation of Lestar ESG involves a structured approach, focusing on seamless integration, efficient configuration, and the application of cutting-edge technologies to meet organizational needs.
1. Integration
• Data Source Integration:
- Connects with various existing systems, including ERP, financial software, energy monitoring systems, and other data repositories.
- Supports APIs and custom connectors to integrate diverse data formats.
• Third-Party Platforms:
Incorporates external ESG data from suppliers, contractors, and regulatory systems.
• Cloud Deployment:
A cloud-based architecture enables secure and centralized data access, fostering interdepartmental collaboration.
2. Configuration
• Customizable Workflows:
Tailored workflows to meet specific ESG reporting requirements, including alignment with global frameworks such as GRI, SASB, and TCFD.
• Role-Based Access:
Assigns user permissions to ensure secure data access and maintain audit trails.
• Dashboard Personalization:
Configures dashboards for role-specific insights, highlighting key metrics relevant to different stakeholders.
3. Technology Use
• Generative AI Reporting:
Automates the creation of insightful, segmented ESG reports tailored for stakeholders.
• Big Data Analytics:
Aggregates and processes vast amounts of ESG data for real-time insights and trend analysis.
• Machine Learning Models:
- Employs anomaly detection to identify data inconsistencies or potential risks.
- Predictive analytics forecasts future ESG outcomes and scenarios.
• Audit and Compliance Tools:
Tracks data changes with detailed logs to simplify audits and ensure regulatory compliance.
Benefit:
• Streamlined ESG Data Management:
Centralized data repository eliminates silos and consolidates ESG data from multiple sources.
• Enhanced Reporting Efficiency:
Automated data workflows and Generative AI reporting significantly reduce the time and effort required for ESG compliance.
• Regulatory Compliance:
Ensures adherence to local and global reporting standards, reducing the risk of penalties and enhancing corporate reputation.
• Actionable Insights:
Real-time dashboards and analytics provide insights to drive sustainable decision-making and monitor ESG performance.
• Risk Mitigation:
Anomaly detection and predictive analytics help identify potential risks early and enable proactive mitigation strategies.
• Cost and Resource Efficiency:
Reduces manual effort in data collection and reporting, saving time and resources.
• Improved Transparency:
Role-based permissions, audit trails, and comprehensive reporting ensure transparency for stakeholders, regulators, and investors.
• Scalability and Flexibility:
Cloud-based architecture and customizable features allow the solution to scale with organizational growth and adapt to evolving ESG requirements.
• Stakeholder Confidence:
Demonstrates a commitment to sustainability and corporate responsibility, improving trust among investors, customers, and employees.
• Future-Ready Technology:
Leverages AI/ML and predictive analytics to keep organizations ahead in the dynamic ESG landscape.
By implementing Lestar ESG, organizations can transform their ESG strategy into a data-driven and sustainable approach, ensuring compliance, driving efficiencies, and delivering long-term value.