Genome Alberta’s grant funding impact reporting was getting lost in incomplete data gathered in different formats including Excel spreadsheets, Word documents, and PDFs. With data from various sources, it took this government-funded research corporation a lot of time to gather information about their impact. SmartSimple delivered an all-in-one fully auditable solution that accommodated their nuanced funding structures while empowering them to create very granular ad-hoc impact reports to provide transparency and gain insight into their funding strategies.
Impact and outcomes measurement have been popular buzzwords in the philanthropic community over the last few years. But what does measuring your organization’s impact, outcomes mean? Why is it necessary to measure the value of your investments, and what data do you need to ensure your measurement process provides accurate, meaningful results?