Diverse spend reporting software
Accurately report on your supply chain
Effortlessly track, analyze, and report your small and diverse spend across your supply chain.
Detailed data on suppliers from
Suppliers in our database
Trusted sources of data
Records analyzed monthly
We’ve analyzed the spend data from almost 400 companies to see where they spend with small and diverse suppliers, as well as the impact that has on the community.
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The key elements of reporting small & diverse spend
Internal and external stakeholders at companies and government agencies require accurate and detailed small and diverse spend reporting. With Supplier.io, you have it.
Book a demoKnow your current diverse spend
Analyze your diverse spend in detail
Report on your program’s progress
One platform to report spend to the business
Simplify small and diverse spend reporting while getting up to 50% more accurate results. Walk into your next business meeting with confidence.
Testimonials
Hear what leaders say about Supplier.io
Having good data really supports the drive and value of supplier diversity.”
Data enrichment is key to understanding your supply base.”
We want to hold our suppliers accountable for our supplier diversity objectives, as well as create that downstream diversity ripple effect within our supply chain. In order to expand the number of opportunities available for diverse businesses, we have to look further down our supply chain.”
[The] biggest impact [is] when we can all share the wonderful news about supplier diversity and the value it can bring to every corporation.”
Frequently asked questions
Details about small and diverse spend reporting
Supplier diversity and procurement leaders must regularly report to internal and external stakeholders how much the organization has spent with small and diverse suppliers. This may be related to corporate initiatives, customer contract terms, or federal reporting requirements.
The most important part is to accurately report how much and what percent of procurement spend went to small and diverse suppliers. Some organizations want to see this data broken out by business unit or geography, as well as multiple diversity categories, including small, minority, women, etc.
Most organizations are required to report to internal and external stakeholders how much the organization spent with small and diverse suppliers. For example, government contracts are required to spend a certain percentage with small suppliers and may be audited by the Small Business Administration (SBA). Corporations may ask about small and diverse spend as part of an RFP process and then, include that requirement in the contract.
If you are using Supplier.io, diverse spend reporting is easy and accurate. Send us your data and we will automatically enrich it to be sure we can accurately identify which of your suppliers is small or diverse. Simply open your dashboard, and all the required data is at your fingertips.
Since we regularly track changes in company and diversity status, your reports are kept up to date and accurate. If you had to do this on your own, you’d need to manually identify which suppliers are small and diverse, calculate the appropriate spend, and regularly survey suppliers to make sure it stays accurate.
Customers have reported that we’ve saved them up to 75% of their time by automating this process for them.
Additional insights
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