Social Asset Measurements Inc. (SAM) helps for-profits, non-profits and the public sector measure its social impact with software and consulting solutions. SAM has received a non-repayable contribution from the National Research Council of Canada Industrial Research Assistance Program. The funding, in addition to both technical and business-oriented advisory services, will support SAM’s development of an in-house, cloud-based financial proxy database, which represents the current state of the art technologies in impact measurement.
The financial proxy database will be used to house over five hundred indicators and financial proxies, which SAM has developed for its clients. This technology will merge seamlessly with our Software as a Service (SaaS) Embedded Metrics Service. In addition, the proxy database will be able to track usage across sectors, providing our customers with an unparalleled client experience at the cutting edge of Social Return on Investment (SROI) methodology.
On a global level, this project will allow for instantaneous sharing of financial proxies and indicators between the SROI Network’s financial proxy database through an API. As the first service provider in the world to come to such an arrangement, Social Asset Measurements Inc. and the SROI Network hope to lead the way in sharing and collaborating on indicators.
The Carleton Centre for Community Innovation (3ci) will also be providing access to their indicators and financial proxies. These will be inserted into the Financial Proxy Database, and uploaded to the SROI Network’s WikiVOIS database.
Other SROI organizations interested in sharing their financial proxies and indicators are welcome to contact Social Asset Measurements Inc. for further information. Any questions or comments may also be directed to Anshula Chowdhury, Chief Executive, (647) 606 4787, anshula@socialassets.org or contact the SROI Network at 0151 703 9229.
