Deliver more SROI from your tenders.
Take a qualitative approach to social value in procurement and efficiently assess, measure and monitor the social value commitments of your supply chain from procurement to delivery. Impact ensures that you make fully informed decisions and select suppliers that can deliver genuine social value benefits throughout a contract.
Create a standardised approach towards social value in procurement
Impact’s dedicated Tender Portal lets you standardise the way bidders respond to the social value elements of your tenders. Easily define the social value metrics, monetary values and scores that each supplier is being assessed against.
Link each question to a relevant theme or outcome and have bidders detail through method statements, exactly how they will deliver on their commitments instead of just arbitrary figures.
Completed bids can then be easily downloaded or imported into your existing procurement system for finalisation.
Enjoy a more flexible approach towards themes, outcomes and measures
Don’t waste your time calculating outcomes in large complex spreadsheets, put it on autopilot. Impact automatically converts the outcomes from the winning bidders response into measurable KPIs, linked to your predefined themes.
Every time a new activity is logged, Impact automatically applies the relevant measurements according to your chosen social value framework, updating everything in real-time.
Generate more value from each contract you award
By using Impact to measure supplier commitments and performance on quality as opposed to just quantity, you open up your supply chain to include socially responsible small businesses and VCSEs that would have otherwise been excluded or drowned out by large enterprises (with a less than perfect track records on social and environmental impact).
Combining this with the new Social Value in Procurement Model (Annex A) setting out more specific, targeted themes for procurement teams to focus on, you are in the best possible place to deliver more social value from each tender for every £1 spent.
Get more than just projects and procurement
Impact provides everything organisations need to deliver better outcomes to individuals, communities and the planet.
Maintain supplier accountability by measuring social value throughout the project lifecycle.
Ensuring that your supply chain partners are delivering on their commitments as part of a contract can be difficult, especially when knowing who has and hasn’t provided information and the visibility of this.
Impact’s Social Value Project Management features lets you keep tabs on the social value commitments made by your suppliers. commitments have been made by which partners on which projects, and which partners are ahead or behind – in real-time for complete accuracy so you know where to focus your efforts.
Multi-framework usability for when one size doesn’t fit all!
Your social value generation doesn’t follow a single set of rules, every project is different. With Impact you can free yourself from the shackles of single measurement standards and use multiple different providers and measures simultaneously for each project.
For more bespoke requirements, where a measure doesn’t exist in an existing framework, we can help you create it!
The world is changing, are you ready to change with it?
Sustainability reporting doesn’t have to be complicated – we help you monitor, analyse, report, and change the impact of your social value.