How to Access Valuable Resources through Social Impact Assessment

Thanks to ImpactableX, it is possible to simplify the impact assessment process through the use of a primary impact modeling strategy. Our model generates verified, quantified, and standardized impact analytics. The framework used by ImpactableX got designed for investors and social entrepreneurs by an acclaimed impact accelerator. Our primary modeling framework allows startups to assess impact generation under different growth circumstances. It also helps to arrive at management decisions that maximize impact and revenue. The framework applies to all business models and impact levels. It can be applied to any development stage. As sales estimates evolve and new impact data gets collected, the inputs can get revised to reflect the changes and to get insights on the broader consequences. The approach used by ImpactableX for social impact assessment yields more than static quantification snapshots.

ImpactableX uses an impact modeling process that provides centralized, dynamically evolving, and consistent tools for impact management. There are three components used by ImpactableX to guide founders. We start by defining the primary metrics of a company. They are the measurable impact expressions that capture the components that drive the value proposition of a company. The template used for impact assessment aligns the metrics with standards, such as IRIS+ and SDGs. The objective is to make sure that everyone is measuring similar units and driving towards a given goal. Attribution is a component that evaluates the contribution made by a company to a problem in comparison to the baseline. ImpactableX calculates the changes attributable to the interventions of a company. The attribution step offers information on the efficacy of every unit and the total impact generated over time.

A detailed process of social impact assessment helps management teams to visualize the impact potential of the company under different circumstances. ImpactableX can help founders to apply the assessment method to their business model. ImpactableX calculates the analytics that yield value. Marginalized populations can rely on technology to access valuable resources from various institutions. Founders ought to articulate the extent that technology influences change. Every investor considers the metrics of impact assessment fundamental during screening.