Supplier Diversity Reporting

As encouraged by many state and federal government organizations, a supplier diversity program is important for any organization to ensure that women, minority, and disabled veteran-owned business enterprises are provided the maximum practicable opportunity. Supplier diversity reporting automatically syncs diversity suppliers in the system with agency’s published lists.

Organizations are encouraged by many state and federal government organizations, to seek out qualified small businesses including small disadvantaged-, disabled veteran-, and women-owned businesses who can perform services or provide materials. Having a diverse supplier base strengthens the ability to conduct business across all cultures and geographies. However, beyond tracking a few suppliers, complying with a supplier diversity program with your PeopleSoft application can be an arduous, manually intensive and time-consuming task.

Why Smart Diversity?

Maintain a competitive advantage through effective supplier diversity
Allows for better supplier diversity-related purchasing decisions
Promotes business opportunities for diverse businesses
Generates various supplier diversity-expenditure reports
Supports all feed file types (CSV, XML, EXCEL), leveraging Smart Loader capabilities to automate the loading of third-party supplier data
Quick return on investment; typically within the cost, time and effort required to manually load an agency published list one time
Integrate supplier diversity programs into procurement practices and be an advocate for diverse suppliers
Generate various delivered required supplier diversity expenditure reports
Synchronizes the suppliers (vendors) in your system with agency published lists