Supplier Diversity Management Software
Start, track, and grow your supplier diversity program with accurate supplier information.
Start Your Supplier Diversity Program and Enable an Inclusive Procurement Strategy
Understand the diverse businesses in your supply chain and report on the economic impact of your spending activities.
One Platform For Your Entire Supplier Diversity Program
Do more business with diverse and local suppliers. Quantify the true economic impact of your programs with accurate, up-to-date supplier data and information.
Instantly increase your diverse and local spend, discover diverse and local suppliers you already do business with, and create a baseline for your program. Easily measure your program’s growth over time.
Easily track and report different aspects of your program. Slice and dice data based on spend category, business type, certifications, and more.
See how your business activities drive economic growth with our economic impact reporting and create a more resilient supply chain.
Easily find local and diverse suppliers that suit your procurement needs right in the same platform.
Create a World-Class Supplier Diversity Program
Get The Most From Our Supplier Diversity Platform
Supplier Diversity Platform
Accessible pricing, always.
At SupplierGateway we believe in up-front pricing transparency. You’ll never be surprised with additional onboarding fees or seat license fees. We’re dedicated to your success, not to paying back investors or shareholders.
Understand Supplier Diversity
Supplier diversity management software is often a suite of products an organization uses to identify their diverse suppliers, measure spend with diverse suppliers, and ultimately increase their spend with diverse suppliers. Some diversity management software includes economic impact reporting, allowing organizations to see how their local and diverse spending impacts local areas through job creation support and other metrics.
While there are many steps involved with tracking supplier diversity, data collection and organization are among the most important. This allows organizations to track critical metrics such as the amount of money spent with diverse suppliers, the number of contracts awarded, and the number of diverse suppliers your procurement team engages through RFPs.
It’s important to note that most organizations have specific requirements to track diverse suppliers, such as a supplier must have a third-party diversity certification to qualify for diversity initiatives.
Economic impact reporting refers to tracking and reporting the effects of a particular project, initiative, event, or organization on a specific area’s economy. SupplierGATEWAY’s economic impact reporting uses the US government’s RIMS II model to calculate your organization’s economic impact.
Most organizations require third-party certification in order to count money spent with a supplier as part of their supplier diversity program goals. You can learn more about third-party certifications here.