Corporate Supplier Diversity Management Software
Diversity management software powering successful corporate supplier diversity programs
B2Gnow’s supplier diversity management software for corporations provides an all-in-one solution that addresses supplier diversity sourcing, outreach, spend tracking, and reporting needs. Our cloud-based, modular system supports programs ranging from Billion Dollar Round Table programs to program startups and simplifies spend analysis and tier 2 tracking.
Data Enrichment for Corporations
B2Gnow uniquely approaches supplier small/diverse certification data, offering valuable information that differentiates B2Gnow from others. With B2Gnow’s in-system data enrichment, corporate clients take advantage of the fact that B2Gnow manages the actual certification processes for over 120 certification organizations (e.g., Texas HUB, City of Charlotte, CalTrans, etc.). Other certification data providers have to come to the B2Gnow system to retrieve this data from us!
With access available to more than 225 certification databases, certification enrichment and comprehensive spend analysis can be conducted by incorporating vendor payments with the list of vendors if needed. In B2Gnow, organizations have three enrichment process options to choose from based on their specific needs. The selection depends on factors such as the required data output format(s), the desired timeframe for the output, and the depth of certification data needed.
Recommended Software Modules
The Industry Leader
Numbers don’t lie, and neither does our legacy. As industry pioneers, we’ve transformed supplier diversity and grant management compliance with unrivaled software solutions, setting the standards that others follow.
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Powerful Software to Manage Your Corporate Supplier Diversity Program
Dedicated and experienced staff are standing by to support your company’s supplier diversity software initiatives
With decades of experience under our belts, our team brings a wealth of knowledge to help you start, pivot, and grow your company’s supplier diversity program. B2Gnow has been implemented at over 400 organizations across North America, including those with some of the largest and most complex supplier diversity program needs. Our software is continually being enhanced and fine-tuned based on feedback from our customers. Our expert team is standing by to support you throughout your engagement with B2Gnow from initial implementation to ongoing use.
Corporate Supplier Diversity Management Software FAQs
Supplier Diversity Management Software helps organizations and agencies meet their supplier diversity goals by streamlining the processes of vendor sourcing, outreach, spend tracking, and reporting on small and diverse business utilization.
Supplier Diversity Management software benefits any organization looking to increase their spend with small and diverse certified businesses. It monitors and tracks vendor certification status, empowering the organization to be confident that they are bringing onboard current certified vendors. For small and diverse vendors, Supplier Diversity Management Software can help them get their certification applications submitted accurately, communicate more easily with contract holders, and increase their visibility to project owners and prime contractors – unlocking more opportunities to participate in bids.
There are several key features businesses should look for when researching Supplier Diversity Management Software. Supplier Diversity Software should streamline vendor certification validation by providing a single source of accurate, up-to-date vendor information. It should offer comprehensive spend tracking and analytics capabilities to meet diverse program requirements, enabling organizations to set contract goals, monitor subcontractor utilization, and track multi-tier supplier spend (up to 10 tiers deep) with ease. Data enrichment capabilities with proprietary matching algorithms are essential for ensuring data quality and conducting detailed spend analysis. A leading Supplier Diversity Program Management Software will empower organizations to identify and report all spend with certified diverse businesses, providing insights that drive impactful supplier diversity initiatives.
Supplier Diversity Management Software improves compliance by helping organizations manage their contracted suppliers and the projects they are working on. Organizations should be able to easily monitor and track spend for all small and diverse vendors working under the contract, ensure that they are certified for the work, and are allocated the correct percentage of participation.
It’s likely that an organization has legacy software that needs to be considered when researching Supplier Diversity Management Software. The new Supplier Diversity Data Management Solution must integrate with legacy software and share data between systems. Most Supplier Diversity Management Software isn’t designed to replace legacy software but to complement it while saving the organization costs.
Almost any industry can benefit from Supplier Diversity Management Software. The industries most often seeking this type of software are government, healthcare, higher education, construction, and corporations with supplier diversity programs they need to track and report on. A best-in-class Supplier Diversity Management Software should be configurable to accommodate any program requirement.
A best-in-class Supplier Diversity Management Software should provide industry-leading security that supports world-class availability, reliability, and redundancy for zero data loss, Including:
- A fully redundant hosted solution
- Guaranteed availability of 99.9%
- SOC 2 Type 2 certified
Additionally, Supplier Diversity Management Software should allow organizations to set user permissions that enable staff users to work on the tasks pertaining to their role, but not have access to information they don’t need.
A best-in-class Supplier Diversity Management Software vendor should provide clients with in-person training events, virtual training events, recorded product demonstrations, user manuals, and access to support – free of charge. It’s in the software vendors’ best interest to get their clients up and running quickly and ensure they use the software regularly. U.S. based support is always appreciated as well.
Supplier Diversity Management Software should be the record holder of all documentation and activities surrounding a project. This enables organizations to run reports and view performance and outcomes. Organizations should be able to compare the progress of projects and also compare to prior projects to help determine the success of the program. With Supplier Diversity Management Software, organizations can set appropriate goals and strive to meet those goals. The software will alert staff users if goals are at risk of not being met so corrections can be made.
There are several trends shaping the future of Supplier Diversity Management Software. Two trends to watch are generative AI and other automation features and the merging of software companies to produce more extensive solutions. Generative AI can learn and create content as it is exposed to more and more information. AI can automatically pull information from other databases, reducing manual data entry. It can alert users if action is required and generate email content. Mergers of software companies often happen between two businesses that complement each other. One company may have capabilities the other wants to develop. Blending the two companies can be a more cost-effective and powerful solution.