Turn Insights Into Action: Economic Impact Reporting Tailored to Your Mission
Procurement is no longer merely a back-office function; it’s a catalyst for economic change. At NectariQ, our Economic Impact Reporting service is designed to help you quantify and communicate the real-world impact of your supplier spend. Whether your goal is to increase local sourcing, demonstrate economic inclusion, or achieve ESG-aligned outcomes, our data-driven approach provides visibility where it matters most.
We don’t just show you the numbers—we help you understand what they mean, how they compare, and where to take action next.
Our proprietary funnel model turns supplier data into layered insights that inform procurement, finance, and supply chain leaders with practical data and executive summary strategies. Here’s how it works:
Global and National comparisons of GDP, Revenue, Wages, Job creation, and factors that impact them over a specified period. We layer in forecast modeling and data comparison from several sources.
Our business analysis is validated against more than 10 national and international agencies. Industry-specific codes by country are scrutinized to ensure precise alignment. We customize our reports to clients’ regions, territories, and geographic footprints.
Data is then analyzed using NectariQ’s spend dashboard to provide insights when comparing it against national and regional data points. Each report includes an executive summary, insights, and clearly defined indicators for strategic business engagement.
This approach ensures your economic impact report is not only measurable but meaningful.
Our in-house Business Analysts are the secret weapon behind each Economic Impact Report. With decades of combined experience in procurement strategy, ESG analysis, and regional development, our team:
Whether it’s to support supplier strategy sessions, stakeholder presentations, or compliance reporting, our analysts ensure your impact isn’t just measured—it’s understood.
Visualize supplier distribution, spend allocation, and regional penetration
Real-time analysis of MBE, WBE, Veteran-Owned, 8a, and other supplier types
View direct and indirect spend over time, including Tier I & Tier II breakdowns
Quantify economic inclusion efforts across cities, counties, and districts
Whether you’re a global enterprise, regional utility provider, or public sector agency, our internal Business Analyst team configures each report to your exact needs:
Custom fiscal year alignment, filters by department, supplier tier, or internal program.
Breakdowns by municipality, state, economic zone or global territory.
Typical supplier classifications for energy, construction, retail, public health, transportation and more.
This is more of a forecast based on older historical data, including Direct, Indirect, and Induced data.
We seamlessly integrate with your systems and structure reporting to reflect how you measure ROI, spend, jobs created, certifications, or capacity within the community you serve.
An excerpt from a real NectariQ Economic Impact Report. These charts compare job and wage creation across states — Production Sector, Economic Indicators Insights Statewide [2022–2024] — the same indicators your own report draws on to show where supplier spend creates measurable economic impact.
With our tailored economic impact reporting, discover the measurable ROI of your certified suppliers, local engagement, and inclusive economic growth.
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