Value for Donors and Funders
The Challenges You Face
As a donor or funder your foremost priority is to promote the effective and efficient utilisation of resources, with the primary goal of maximising both their reach and impact. With the demand for resources consistently exceeding their availability, you understand that every cent within our sector counts and so work to ensure that any allocated funds are being used as optimally – and responsibly – as possible.
As part of fulfilling these responsibilities, you endeavour to work collaboratively and transparently with your partner organisations. This includes ensuring that the procurement of any funded projects aligns with the values and outcomes outlined in your agreed-upon proposals and contracts. Essentially, you wish to confirm that all procurement spending is auditable, transparent and adheres to international rules and regulations. Most fundamentally of all, you strive to ensure that the spending of any funding is strengthening – and not harming – local and national economies and aligns with your strategic objectives and policies.
Consequently, as a donor or funder within our sector, you are likely to be acutely aware of the pressing need for more effective e-procurement practices and processes; those that promote greater financial transparency, accountability and support organisations to attain the best possible value from limited resources.
So how can Solvoz support Donors and Funders?
Solvoz is dedicated to assisting organisations to “getting the ask right” and to strengthening local procurement with a digital toolkit for market assessments, access and spending. We recognise that the efficacy of any aid, health or other impact-driven programme hinges on the crafting of suitable solutions and thorough market assessment. Solutions should be contextually and technically appropriate and so tailored to meet specific identified needs.
Our approach is twofold in emphasising the importance of both localisation, and contextual and technical knowledge, to realising social, sustainable and responsible procurement. Solvoz empowers your partner organisations and funding recipients to cultivate solutions that are not only better equipped to meet context-specific requirements, but are also consistently more cost-effective to implement. With our demonstrable record of reducing overall procurement costs, we can assist you to redirect invaluable resources to other projects thus amplifying the impact of your available funding.
Solvoz also provides organisations and partnerships with a shared digital work environment to promote more effective inter- and intra-organisational communication and collaboration. Additional functions include offering an easily auditable paper trail and online procurement workflow that effortlessly integrates key regulatory criteria (also see Supplier Qualification). Essentially, our platform supports a transparent and sustainable approach to procurement and one that enables you to conveniently access any necessary data and documentation required by your role.
Want to learn more about how Solvoz could support you?
If you are interested in learning more about how we could support you to achieve greater impact and efficiency through your funding then please get in touch.
We look forward to hearing from you.