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Demonstrate Social, Economic and Wage Impact

End to end social return on investment solutions for nonprofits & social enterprises
Setup Walkthrough
Report Builder – TOC – 3

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Demonstrate economic, social and wage impact through 7 principles of social returns of investments ( SROI )

Certified GVE

Certified

Certified application by global value exchange
Data & Surve Management

Data & Survey Based

Aggregate results from any external sources or collect data using external survey or built-in survey management tool
SROI forecast

Forecasting

For organization who may not have past history or data, forecast-based approach allows SROI estimation
SROI Reporting

SROI Reporting

Integrate with Impact Cloud report builder with SROI wizard for a rapid and flexible reporting
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Theory of change

Streamline

Streamline Results for SROI

Expected return weighs the anticipated social benefits of an investment against its costs, discounted to today’s value. This expected return metric can take various forms; examples include social return on investment (SROI), a benefit-cost ratio (BCR), and economic rate of return (ERR).  One method for analyzing social impact is the social return on investment (SROI) model. SROI is a principles-based method for reporting on the value relative to resources spent.


The seven SROI principles are:

  • Involve stakeholders.
  • Understand what changes.
  • Value the things that matter.
  • Only include what is material. 
  • Do not over-claim.
  • Be transparent.
  • Verify the result.

 

 
 
 
Longitudinal Data

Simplify Cross-Reference Data

Integration of External & Internal Data

Certified by Global Value Exchange (GVE)

1. Define SROI Strategy

Start your SROI strategy through TOC Creator

2. Aggregate Results

From exciting data sources, built-in survey or external survey tool 

3. Apply financial proxy

Assets - Integrated with IMPLAN or Leading Social Impact Proxy and Calculators

4. SROI Calculation

Easily calculate the Social Return on Investment using our calculator

SROI-8

SROI Calculation

Report results in most accurate manner

Unlike other SROI software, the platform does not just rely on a survey. Impact Cloud's SROI calculator provides integrated - survey and data-collection from different sources, integrated analytics, and reporting.

SROI Impact Cloud can be evaluated in four steps

  1.  Stakeholders
  2. Input
  3. Outcome
  4. Valuations

Help investors and investee to understand value created, provide strategic decision making.

SROI uses monetization of social impacts to assess value. Monetizing social return requires that investors, funds, and enterprises alike formulate their stances on strategy, funding, and services based on expected stakeholder benefits and costs.

Remove bias by providing hard figures for comparison. At a more macro level, SROI methodology can help get at how meaningful the work of a particular investor, fund, or enterprise is by examining its economic and other impacts on society.

Word Of Caution

A number of assumptions that go into the calculation of value introduce uncertainty that makes SROI potentially problematic.  Some organization feel that SROI is a useful tool to inform priorities and decisions internally but not for external communication about the impact

 

Ref: The Pulse of Impact Management

 

Setup Walkthrorogh
Social Return on Investment