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
$-145B+
Small and diverse spend of 398 Supplier.io customers
1.-5M+
Number of jobs Supplier.io customers supported
$-48B+
Taxes generated from Supplier.io customer’s small and diverse spend
Economic 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
Comprehensive impact reporting
Measure the full economic impact of your total procurement spend, including output, jobs supported, incomes earned, and taxes generated.
Small and diverse business impact
Showcase the specific impact of your spending with small, local, and diverse businesses, highlighting job creation, wage growth, and overall economic output.
Report impact on specific groups and geographies
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.
Simplify impact analysis projects
Lead your industry with branded reports that are accurate and easy to produce. Your Supplier.io Project Manager can take care of everything.
The most accurate reports of economic activity
Supplier.io supplier impact analysis
See how your sourcing decisions fuel job creation, income growth, and tax revenue at the national, state, and metro levels. From precise economic impact calculations to the delivery of ready-to-share, company-branded reports and dashboards, we can manage the entire process for you.
Make a real impact with detailed reports
We find all the details of your impact on communities, including direct, indirect, and induced.
Understand your spending impact with easy-to-use analysis
We deliver your results in beautiful, easy-to-read formats, so your impact is clear to all your audiences. By using your brand guidelines, we ensure continuity across your organization.
Highlight spending in your communities
The communities you serve are one-of-a-kind, and our comprehensive data analysis showcases the unique economic activity you drive at all levels.
State of Supplier Diversity Report
Learn the latest trends in supplier diversity, including how leaders are using supplier data to drive program success.
Testimonials
Hear what leaders say about Supplier.io
"Economic Impact is one of the critical outcome metrics for our program, and one that we expect to do storytelling around our program.” - Jennifer Johnston, Supplier Diversity & Sustainability Leader at Intuit.
Find the right tool to analyze and measure your program
Frequently Asked Questions
What is 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.
How do I create an economic impact report?
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.
What types of reports can I generate with Supplier.io’s economic impact reporting software?
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.
How accurate is the supplier impact analysis generated with Supplier.io?
Economic impact analysis has been around since 1976 and has been trusted by government agencies for decades.
Is Supplier.io’s economic impact analysis software suitable for my industry?
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.