Reason Digital has developed its Impact software to help housing providers to measure, manage and report on the social return on investment (SRoI) of their projects.
The cloud-based tool helps housing providers to save time, prevents the need to scour old spreadsheets and PDFs for data, and ensures that no social value is missed out in their annual reports by systematically delegating, collecting and grouping the input of social impact data into a single central depository.
The software also enables housing providers to convert ‘units’, meaning that they can automatically turn business tasks, such as insulating properties or providing ‘back to work’ schemes for tenants, into meaningful report-level SRo1 data (e.g. CO2 saved or the financial worth of the social value created).
Anton Schultz, social investment manager, One Manchester, said, “It’s simple to use, flexible and adaptable to our business. Impact provides a centrally-accessible place to log, store and view all of our outcomes and impact data. It also solves One Manchester’s problems with the inaccessible and inconsistent data across the organisation on social outcomes and SRoI.”