MatchZINE – The MarTech Magazine

CSRD Tools and Software: Which providers to choose for reporting?

Does the Corporate Social Responsibility Directive pose new challenges for you? The reporting obligation is coming, and the topic of sustainability should be managed with technical support? We help you make a sensible investment: a CSRD tool!

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irst off: You're not alone. In the coming years, almost all companies in the German-speaking and European regions will have to deal with the obligation for sustainability reports. As with so many topics, you are quite lost at the beginning. Here, we provide you with a guide as well as a matching for the selection of a CSRD software, so you can save valuable resources in many areas and integrate excellent reporting processes.

Why do you need a CSRD tool or software solution?

The requirements for companies with regard to reporting obligations and compliance will increase in the next few years. The main reason for this is the European Union’s Corporate Sustainability Reporting Directive (CSRD). It is no longer enough to simply have good intentions; companies must be transparent about their sustainability efforts and comply with legal requirements. You probably ended up here for this very reason!?

CSRD reporting tools enable companies to consistently track their CSR activities, collect and analyze data, and create robust reports. Tools and software solutions are not mandatory for most companies in the overall context of a CSR software stack (i.e. all technical solutions for sustainability), but in most cases they are a must.

There are currently well over 50 CSR or ESG software providers in Europe (as of June 2023), 30 of which offer a reporting solution, either standalone or as a feature in a suite.

What do you use CSRD reporting software for?

Matchilla - Matching-Plattform und Marktplatz Easy entry into reporting
Many companies face a huge mountain of challenges with the new obligations. Many providers support the process as part of software onboarding or with efficient consulting. One of the most important factors – especially for CSRD beginners!

Matchilla - Matching-Plattform und Marktplatz Increase efficiency and cost savings
Manual CSR reporting is time-consuming and error-prone. CSRD tools automate processes by aggregating data, performing analysis and generating user-friendly reports. Especially for annually recurring processes, you save immensely time and resources that a CSR manager would better use elsewhere.

Matchilla - Matching-Plattform und Marktplatz Consistent data
By using CSRD tools, you minimize the risk of human error in data collection and processing. The automated processes ensure consistency and accuracy of data, resulting in reliable CSR reports. In some cases, the process starts with individual documents.

Matchilla - Matching-Plattform und Marktplatz Transparency and trust
CSR is already an important factor for image. Transparent, standardized reports give stakeholders, investors and customers constant insight into sustainability efforts. Consistency strengthens trust and increases credibility.

Criteria: What should you look for when choosing a CSRD tool?

Choosing the right CSRD tool provider is absolutely central to what you do next. After all, you probably won’t change your provider for years to come. Here are some key criteria you should consider when choosing:

Matchilla - Matching-Plattform und Marktplatz Pre-filter References/Use Cases
The current 50 or so relevant providers of CSRD solutions in Europe have different focuses in terms of sectors, company sizes, reporting types etc. Filter out the providers who have already collected reports with similar companies in order to draw on existing know-how for your challenges.

Matchilla - Matching-Plattform und Marktplatz Data and privacy
CSRD tools should be able to manage and analyze large amounts of data. A user-friendly interface and data visualization features facilitate interpretation. And you probably have to pay attention to the GDPR as well, right?

Matchilla - Matching-Plattform und Marktplatz Integration/Interfaces
Integration of CSRD tools with existing systems such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) or an ESG platform or supply chain software you already use should be an important criterion for the CSR tech stack. Seamless data transfer and synchronisation between different platforms simplifies the workflow and avoids redundant work.

Matchilla - Matching-Plattform und Marktplatz Compliance
Since CSR reporting comes with specific legal requirements, the tools selected should ensure that the company complies with regulatory requirements. Verify that the software meets the required and optional standards and provides audit trail capabilities.

We ask for additional criteria in our Match Assistant for CSRD reporting tools at the end.

What does CSRD software cost?

The costs depend very much on, for example, the size of the company and the areas of application – as far as that is clear. The monthly costs for recommended providers start at €190. More complex solutions, especially with an ESG suite, are up to 5,000 € per month – but offer appropriate support in the overall context. For a medium-sized company, the costs for the first 12 months are around €12,000 to €35,000.

In most cases, however, this budget also includes an initial consultation and personal support from the providers for the first report. Tip: For a non-binding budget estimate, simply complete our CSRD provider comparison (see below in the next section).

Conclusion: Is CSRD software worth it?

In answer to the question “Is it worth investing in a reporting tool?” a quick fact: The CSRD requires companies to report in accordance with the 12 European Sustainability Reporting Standards (ESRS), which include about 1,150 data points. And that’s just one argument from a data management perspective.

Using CSRD tools and software solutions is virtually key to efficiently meeting reporting and compliance requirements. It doesn’t matter if you see CSRD as a duty or if you want to seize the opportunities to position yourself better than your competitors through your sustainable measures. Because one thing is pretty certain: sustainability is becoming more and more important on the customer side when making purchasing decisions.

Comparison of providers for CSRD reporting tools – individual matching

As you can see from this article, we at Matchilla deal intensively with the topic of CSRD reporting tools and screen the provider market successively and carefully for our platform users. Our database contains more than 30 CSRD reporting software providers – with hard and soft factors such as functions, reporting standards, interfaces, support, strategy and industry expertise, pricing etc.

This market overview and our expertise from over 50 CSR and ESG provider matchings (mainly for medium-sized companies and corporations). We would be happy to help you from the CSRD software criteria catalogue to the final provider selection.

Through our matching process, we identify the three most relevant providers of reporting solutions in an individual shortlist that fit you as a company. With an investment of only a few minutes in the information of your individual criteria, we assign you the suitable matches. Best of all, this comparison of CSRD providers is free of charge and without obligation for you.

Do you want to know which CSRD solution fits your requirements best? Simply fill out the Match Assistant. 👇

CSRD Software Matching free of charge and without obligation

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    Match-Assistant: CSRD Software & Tools

    Please note: The more detailed the information, the more individual the matching results. If you have questions, we are available at match@matchilla.de or 0221 – 292 5676-0.

    from the reporting year 2024from the reporting year 2025from the reporting year 2026Later or not at allSkip question
    No, we are starting from scratchYes, we are looking for additions to the existing systemSkip question

    CSRD Solution Specifications

    Features and requirements for the software.

    Global Reporting Initiative (GRI)German Sustainability Code (DNK)Sustainable Development Goals (SDGs)UN Global Compact (UNGC)Other standardsSkip question
    YesNoSkip question
    GermanEnglishAdditional languages
    Yes, please match with German providersYes, please match with German or European providersNot relevant
    CSR Goals Tracking / KPI ManagementCO2 Reduction TrackingCSR Measures ManagementReports in Corporate Design / Interactive ReportsLegally compliant reporting for auditorsData review for plausibility and completenessHotspot AnalysisReal-time calculationsWorkflow / Task ManagementMessaging, Chat, and Comment functionSkip question

    CSRD in Your Company

    Your current status on sustainability and other important information for selecting providers.

    We are just starting and are still developing a strategy.Our strategy is set and we are already operational.CSR has been a focus topic for years, and we want to optimize our processes.Skip question
    Monitoring suppliers for sustainabilityCreation of CSR reports, especially for marketing purposesMonitoring CO2 emissionsAssessing the environmental impact of our products (LCA)Building or expanding our sustainability strategySkip question
    That's very interesting for usA good onboarding is enough for usWe handle everything ourselvesSkip question
    Domestically onlyIn EuropeGlobally

    How many employees does your company have in total?

    For materiality determination: In which industry are you active?

    To which existing systems do you need an interface? (e.g., for data import and export)

    What budget range have you planned per year?

    Why are you currently looking for a CSRD software? What goals do you want to achieve with it? What other criteria are important to you?

    Your Contact Details

    Thank you for the information. Based on this, we will start the matching process with the relevant providers and create an individual matchboard with the appropriate CSRD software solutions.

    About the author
    About the author

    Ulrich Theves is Head of ESG and CSR Matching at Matchilla and works intensively around technical solutions (i.e. software and tools) in the field of sustainability. He has one of the best overviews of the market and shares his expertise in MatchZINE.

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    Matchilla revolutionizes the selection of new service providers with a combination of technology, data and personal expertise. Try out Matchilla for free and without obligation and let matching on our platform become one of your favorite activities.