Economic impact software
Demonstrate the impact of your procurement spend
Measure the positive impact of your procurement spend. Report how your dollars affect the wages, employment, and taxes in the communities you serve.
Data on Supplier.io customers’ economic impact results
Small and diverse spend of 398 Supplier.io customers
Number of jobs Supplier.io customers supported
Taxes generated from Supplier.io customer’s small and diverse spend
See the positive economic impact that our customers are having on the economy, people, and communities they support.
Read the reportEconomic impact analysis software overview
Accurately report the positive human impact of your procurement spend and your supplier diversity program
Trusted economic impact reporting software
Over the last year, we’ve seen a 3x increase in interest in economic impact reporting as organizations focus on results as well as spend analytics.
More intuitive reporting
Go beyond spend and see how your sourcing decisions impact easy-to-understand metrics like job creation, income growth, and tax revenue at national, state, and metro levels.
Report results for cities, states, and national
Get the right data you need for the right audience. Give your government affairs team the data they need to work with city, state, and federal stakeholders.
Improve your brand
With economic impact reporting software, you can prove to your buyers and consumers what a responsible organization you are. Win more business and improve brand equity.
Four ways to get an impactful economic impact analysis
Measure the full economic impact of your total procurement spend, including output, jobs supported, incomes earned, and taxes generated.
Showcase the specific impact of your spending with small, local, and diverse businesses, highlighting job creation, wage growth, and overall economic output.
Analyze your impact on specific groups, including small suppliers, MBEs, WBEs, veterans, disabled, and local businesses. Visualize your impact at the national, state, regional, and city levels.
Lead your industry with branded reports that are accurate and easy to produce. Your Supplier.io Project Manager can take care of everything.
State of Supplier Diversity Report
Learn the latest trends in supplier diversity, including how leaders are using supplier data to drive program success.
Read the report
Find the right tool to analyze and measure your program
Frequently Asked Questions
Details about economic impact software
Economic impact software provides clear, data-driven insights, spotlighting the far-reaching effects of your procurement spending. It can analyze what you spend and where you spend it to effectively measure the impact those dollars have on communities.
We make it easy to measure your economic impact and even provide custom-branded reports. Once we’ve enriched your spend data, we can use that to quickly populate the economic impact analysis within the Supplier.io platform. By analyzing your spend data against local, state, and federal economic reports, we can assess where your dollars went and how they impacted the community. This standard economic modeling has been used by the federal government for decades and is widely accepted.
We can easily provide you with standard off-the-shelf economic impact reports as well as build custom, branded reports for you to post on your website and share with key stakeholders.
Economic impact analysis has been around since 1976 and has been trusted by government agencies for decades. It’s based on years of data at the city, county, state, and federal levels to ensure accuracy.
We’ve seen economic impact reporting used by all industries. Some use it to improve their brand, while others use it for more internal reporting. Some organizations share it with Sales and Government Affairs teams to support their work with external stakeholders.
Insights
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