Beneficiary Management System Part 3
Beneficiary Management System
Part 3
Measuring Impact with the Beneficiary Management System
Baseline Data
The initial information forms the baseline data and the basis for measurements. It is important to accurately capture the initial status of the beneficiary businesses. Typically, collected data are: number of employees and clients, value of contracts, turn-over/revenue, profitability, value of assets, market penetration, productivity, management effectiveness, etc. The baseline data may also include financial statements and various company registration, shareholding, tax documents etc. By comparing the base data with data captured after various stages of intervention, progress can be determined. Eventually a picture of growth in market share, employee numbers, productivity, service and product offering, profitability etc. unfolds.
How to Report with BMS
By defining the reporting requirements in the planning stage i.e. what do you want to report on and what data to be captured and compared to achieve certain reporting requirements, the BMS is able to provide detailed or high-level reports as and when required. The reporting capabilities are further enhanced as information can also be downloaded to generate ad-hoc reports.
Because of this approach the BMS is customizable to meet individual client requirements, can be implemented across various business sectors and development programs. As such, the BMS becomes a multifaceted tool able to optimize impact assessment guided by automated reporting.
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