lang="en-US" Economic Impact Analysis
Certified Woman & Minority Owned

Economic Impact Analysis


Visualize the impact of your work in your local communities.

It can be hard to know how you are helping your local communities with your diversity spend, which is why we visualize the impact using our Economic Impact Analysis reports. See the impact!


Overview

Knowing your Diversity Impact got Easier

Our solution for Economic Impact Analysis and Reporting uses an Input-Output Model which is a combination of macro and micro analysis as it uses microeconomic data and behaviors of industry, household and government to assess macroeconomic impacts such as GDP, employment and income. We can see impact by State, Region, Business Unit, Commodity, etc. The list goes on. This method was crafted by economists and has been approved and used by the Department of Labor. Our clients love this feature because they can truly see the impact their diversity dollars have at the local level.

Diversity Impact Overview
Metrics

Some of metrics to understand your Impact

Supply Chain Impact
Supply Chain Impact
Employment Impact
Employment Impact
Local Region Impact
Local Region Impact
State Impact
State Impact
Business Unit Impact
Business Unit Impact
Commodity Impact
Commodity Impact

Visualize your diversity spend impact down to the local level

Contact Us
Supply Chain Impact

See your impact at each point in the Supply Chain

We are dedicated to helping our clients’ supply chain, business partners, and even their industries find the value in a measurably diverse business network using a powerful input-output modeling

Supply Chain Impact
Employment Impact
Employment Impact

See how many jobs your diversity dollars are creating

With our analysis tools, you get an overview and detailed views into the number of jobs created categorized into various sections like State, Business Unit and Commodity to name a few.

Local Region Impact

See the impact you’re making in your local communities

One of the goals of diverse spend is to positively impact your local communities in which you and your suppliers operate. With our reports, you can see exactly how much of an impact you are making in these areas.

Local Region Impact

Frequently Asked Question

We want to make your lives easier by streamlining your impact analysis so don’t hesitate to talk to us on any of your economic impact reporting needs.

What is the benefit of creating an economic impact report?

Until you are able to accurately report on your economic impact, it is hard to tell exactly what impact you are making. So, leave the complex analysis to us and visually see the impact you make!

How exactly is the impact calculated?

We use an industry-standard method that was crafted by economists and has been approved and used by the Department of Labor to exactly show your impact.

Can I get reports across all of your categorizations?

Yes! When we calculate impact, we create a full report that will contain all categorizations or we can give you only for the ones you are looking for. There is no additional cost.

How often should this report be generated?

This is really up to the client, often times we see clients generate this report once a year and sometimes once a quarter. We will work with you on what you are looking for and provide that.

Related Modules

Supplier Registration
Supplier Registration

All diverse and non-diverse and US or Non-US suppliers to self-register in your portal so you can easily find and engage with them. Our tool will ensure the validity of their diversity certificates as well.

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Tier 2 Spend Report
Tier 2 Spend Reporting

Streamlining the Tier 2 Direct and/or Indirect Spend reporting and review process for both Prime Suppliers and your internal team. Get access to standard reports or build your own.

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Supplier Sourcing and Locator
Supplier Sourcing and Locator

Source suppliers already registered in your portal or find new suppliers using our External Supplier DB to easily vet and engage them with your events or opportunities.

Read More

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