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The Future of Impact Reporting: Practical Solutions for Current Challenges

Tonya Williams Vera Solutions

In the world of impact reporting, investors and enterprises alike grapple with data being siloed, hard to access, and stuck in documents or portals. Social enterprises and NGOs spend over 150M hours on impact reporting annually. Additional challenges of reporting requirement overload, interoperability costs, knowledge gaps, and the absence of data standards fuel a general lack of trust and usability of reported impact data.

In this interactive session, participants will explore a future where enterprises and investors can easily and centrally share impact data with their stakeholders (from those benefiting to those funding). We’ll discuss whether a central, integrated platform could meet the needs of both implementers and funders and the potential for saving millions of hours per year.

The session will explore the key prerequisites, drivers, and blockers for achieving impact data sharing at scale.

Intro: 10 min: Topic introduction – the problem and opportunity
Breakout groups: 30 min: small group discussions on drivers and blockers per audience
Breakout group findings: 15 min
Wrap-up/takeaways: 5 min

Track

AI = Accelerating Impact

Format

Delegate-led Meet Up (1 Facilitator)

Speakers

  • NameZak Kaufman
  • TitleCo-Founder and CEO
  • OrganizationVera Solutions

Description

In the world of impact reporting, investors and enterprises alike grapple with data being siloed, hard to access, and stuck in documents or portals. Social enterprises and NGOs spend over 150M hours on impact reporting annually. Additional challenges of reporting requirement overload, interoperability costs, knowledge gaps, and the absence of data standards fuel a general lack of trust and usability of reported impact data.

In this interactive session, participants will explore a future where enterprises and investors can easily and centrally share impact data with their stakeholders (from those benefiting to those funding). We’ll discuss whether a central, integrated platform could meet the needs of both implementers and funders and the potential for saving millions of hours per year.

The session will explore the key prerequisites, drivers, and blockers for achieving impact data sharing at scale.

Intro: 10 min: Topic introduction – the problem and opportunity
Breakout groups: 30 min: small group discussions on drivers and blockers per audience
Breakout group findings: 15 min
Wrap-up/takeaways: 5 min

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