Impact investors can measure (standardized) indicators for input, output and outcomes. Their custom Strategic Impact Framework allows them to structure, monitor and report their impact of their investees. Example customers for this application are impact investors Noaber Foundation and Aglaia Biomedical Ventures that have developed their own framework and are measuring their results using Sinzer.
Charities that offer services to a community can monitor the impact they are creating on a specific target audience by measuring the before- and after scores of a set of metrics. These metrics can be based on standardized questionnaires or indicators such as those published by the Global Value Exchange or on metrics that are specific to the impact goals of the charity. An example of this is the use of Sinzer as an ‘Impact and Data Management Tool’ for Aleron (a social impact consultancy firm) who are setting up this tool for a UK charity via the Impact Readiness Program.
Foundations that offer grants to many different projects can have individual projects measure the impact they are creating. The foundation can evaluate if the impact goals of the projects are aligned with the foundation’s goals and can give guidance to projects to improve their impact. An example customer is the Dutch VSB foundation.
Each of these users require a specific set of features. The choice of these features and community settings is made to suit the specific needs of the customer.