Proactis continues its focus on social value through sourcing with new Social Value Portal partnership

28 May 2019 - Proactis, the global spend management and B2B eCommerce company, has announced a new partnership with The Social Value Portal to help ensure that social value is delivered in sourcing processes.

The Social Value Portal (SVP) is an on-line solution that allows organizations to measure, manage and maximize the contribution that their organization and supply chain makes to society, according to the principles laid out within the Public Services (Social Value) Act 2012 and which requires commissioners and procurers to consider social value in the design and procurement of services.

The new partnership will provide both public and private sector organizations with the ability to include social value in their tenders and contracts utilizing the integration between Proactis and The Social Value Portal, making it visible and measurable in the tendering process and beyond into the management of the contract.  The partnership already has mutual customers, and these customers provide the benchmark which others can now benefit from.

The solution is fully compliant with Government and EU Public Contracts regulations, as well as the Public Services (Social Value) Act 2012, and ensures that all buyers adhere to procurement processes and meet social value requirements both in the tender and through the contract. The whole process is fully transparent and auditable for buyers and suppliers.

A recent example of this is with West Midlands Combined Authority, where SVP helped unlock Social Value-Add of +34.56% and also at Legal & General who used the portal for a recent multi-million commission for new FM services contracts.

Guy Battle, CEO at the Social Value Portal, stated: “Sadly, social value is often described in tender responses but isn’t always realized. With Proactis, we will be able to support mutual clients wishing to manage Social Value through their tenders and beyond. We will enable organizations to report both financial and non-financial data and allow organizations to do “more good” in the community.”

Craig Slater, UK Managing Director at Proactis added: “Social Value is becoming increasingly important to organizations in supporting their local communities and the wider economy. This is an exciting and important partnership for Proactis as we strengthen our customers’ ability to understand their Social Value.”

About Social Value Portal
Our mission is to promote better business and community wellbeing through the integration of Social Value into day to day business and the uptake The Social Value Act. By measuring social value in a consistent way we support our members to benchmark performance, improve delivery against targets and to increase the social value they deliver to society.

Socialvalueportal.com
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