Before implementing Palau, Möbius managed CSRD reporting through disparate tools and manual processes. "We relied a lot on the simple Microsoft suite," explains Matthias. "Our processes were supported by Excel, email exchanges, and Word reporting templates. It was a fairly manual process, also at the customer side."
The complexity of CSRD reporting posed significant challenges. For smaller companies, the materiality assessment alone could take 20-22 days, while larger organizations might require 50-55 days. Report drafting could extend to 40 days for a comprehensive sustainability report.
What drew Möbius to Palau was its ability to bring structure to the complex world of CSRD reporting. "The biggest added value was to have all the disclosure requirements in one platform where you could easily understand what they meant," says Matthias. "You could easily discern between material disclosure requirements and what are not."
Möbius uses Palau as their central platform for managing CSRD requirements. The platform's structure helps them navigate complex disclosure requirements more efficiently than traditional PDF documents and Excel sheets.
While the CSRD auditing process are still evolving, Palau's capabilities support audit preparation through:
"That's one of the reasons why we decided to migrate to the solution," Matthias explains. "When we were working in Excel and Word, the templates were ours and the threshold to get a customer into one of our templates was huge. Now we can add people to the platform."
Möbius sees their partnership with Palau as key to their future in CSRD consulting. "We're a management consultant, so we try to help customers improve," reflects Matthias. "We actually hope that through the reporting we can go back to our natural state of actually working with companies to build strategies and policies and action plans that matter without just focusing on the reporting of them."
The team believes that with Palau's structured approach, they can maintain the spirit of CSRD while making the process more efficient and valuable for their clients. As CSRD requirements evolve, Möbius is positioned to help their clients not just comply, but truly improve their sustainability practices.