Solution to boost effectiveness of compliance for retailers, manufacturers and distributors
McLean, Va. - January 11, 2010 – RollStream, the leader in Enterprise Community Management, today announced availability of the Certificate Exchange Network (CEN). The CEN is an online network of retailers, manufacturers and distributors of consumer products. It enables the exchange of General Certificates of Conformity (GCCs) to demonstrate compliance with the Consumer Product Safety Improvement Act (CPSIA) of 2008 by the February 10, 2010 deadline.
RollStream’s CEN is purpose-built to help businesses boost efficiency and effectiveness of their CPSIA compliance efforts, reduce risks and minimize costs. Manufacturers can directly post GCC’s to the network or provide links to certificates stored on their website. With a simple, easy-to-use browser interface, retailers can securely download any product certificate needed to demonstrate CPSIA compliance within seconds.
The impact of the CPSIA is significant to both manufactures and retailers as it imposes new product safety testing and information sharing requirements on certain consumer products. All affected products must be accompanied by GCCs, either in paper or electronic form, demonstrating that the product has been tested and meets appropriate safety standards – such as child-resistant packaging on products like acetaminophen, batteries, cosmetics and mouthwash. With the new legislation, retailers and manufactures face substantial Consumer Product Safety Commission (CPSC) fines if they are unable to prove compliance quickly. RollStream’s CEN reduces this risk.
“RollStream’s proven history in streamlining supplier collaboration for Fortune 500 retailers coupled with our deep understanding of the CPSIA made our platform the logical solution for addressing the complexities introduced by the new legislation,” said Kristin Muhlner, CEO of RollStream. “We are thrilled to be delivering a solution that enables both retailers and manufacturers to reduce the risks and minimize the costs associated with compliance, especially given today’s turbulent economic climate.”
RollStream is already working with the National Association of Chain Drug Stores (NACDS) to provide their members access to the CEN free of charge. RollStream is also hosting, in conjunction with NACDS, a webinar that highlights best practices manufacturers and retailers should follow to get ready for the February 2010 compliance deadline. The webinar will be held on Wednesday, January 13th at 3 p.m. EST. Registration can be found at http://www.rollstream.com/news/category/webinars. Also for more information about the solution, please follow-us on Twitter: http://twitter.com/rollstream/cpsia.
About RollStream
RollStream Inc. is the leader in enterprise community management. The company’s Software as a Service product optimizes supplier relationships through a powerful collaboration platform that includes master data management, robust communications tools, and process applications.
Industry leaders such as CVS, Ahold USA, and Ethicon/Johnson & Johnson use RollStream to realize the full potential of their extended enterprise through activities such as partner registration, compliance and risk management, and dispute resolution.
To learn more, visit http://www.rollstream.com or http://www.twitter.com/rollstream/cpsia
Media Contact:
Leah Wilkinson
WilkinsonShein Communications
703-907-0010