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Workforce Solutions-Diversity Spend Capture

Advancing Inclusion with

Diversity Spend Capture

At Net2Source, we support organisations across Europe in reaching their supplier diversity and inclusion targets. As a certified minority-owned enterprise, we simplify the process through a consolidated invoicing model making it easier to track, report, and convert your contingent workforce spend into recognised diverse spend. Our approach aligns with EU standards and ESG frameworks, helping you demonstrate real progress on your inclusion commitments.

Reasons to

Choose N2S for Diversity Spend Capture

Comprehensive Data Analytics Comprehensive Data Analytics

Gain complete visibility into your diversity spend with our advanced analytics. We help you uncover key trends, track progress, and make informed decisions that enhance the effectiveness of your inclusion strategy.

Recruitment Expert - N2S Tailored Solutions for Your Needs

We don’t believe in one-size-fits-all. Our solutions are tailored to align with your specific business goals and compliance requirements—seamlessly fitting into your existing procurement and workforce models.

Time and cost savings Industry Expertise

With deep experience in workforce solutions and supplier diversity across global markets, our team understands the complexity of European frameworks and brings expertise to guide your strategy forward.

Flexibility Support at Every Stage

From identifying qualified diverse suppliers to delivering detailed reporting, we provide full lifecycle support. Our local and global teams ensure your diversity goals are met with efficiency and clarity.

Onboarding support Compliance and Reporting

Ensure alignment with EU directives and corporate diversity standards. Our transparent, audit-ready reporting tools simplify compliance and support ESG-focused business operations.

Risk management Partnering for Real Impact

We’re more than a vendor—we’re your ally in building inclusive supply chains. As a certified minority-owned business, Net2Source is committed to creating long-term, measurable impact for diverse communities across Europe and beyond.

Case Study

Leveraging

Diversity Spend Capture for Inclusive Growth

A global manufacturing company aimed to enhance its supplier diversity program to align with its corporate social responsibility (CSR) goals and meet increasing regulatory requirements. The organization sought a solution to track and manage its diversity spend effectively while fostering stronger relationships with diverse suppliers.

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Challenges in Managing and Expanding Supplier Diversity

The company faced challenges in identifying and categorizing diverse suppliers within its existing vendor base. Inaccurate reporting and a lack of centralized data made it difficult to measure diversity spend, assess progress, and demonstrate compliance with diversity initiatives. The organization also struggled to identify opportunities to engage with new diverse suppliers, limiting its ability to expand its inclusive supply chain practices.

Transforming Supplier Diversity with a Customized Approach

By implementing a customized Diversity Spend Capture solution, the company was able to:

  • Consolidate supplier data across multiple systems into a single, centralized platform.
  • Identify and verify diverse suppliers using advanced analytics and external certifications.
  • Generate comprehensive, audit-ready diversity spend reports to meet regulatory and internal benchmarks.
  • Provide actionable insights and recommendations for increasing engagement with diverse suppliers.

Net2Source’s team worked closely with the company to streamline its processes, integrate new tools seamlessly into existing workflows, and ensure accurate, real-time tracking of diversity spend data.

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Transforming Diversity Spend into Sustainable Growth

The company achieved a 30% increase in its diversity spend within the first year, surpassing its initial benchmarks. Enhanced reporting capabilities allowed the organization to demonstrate compliance with regulatory requirements and bolster its reputation as an advocate for inclusion. Additionally, the streamlined processes and insightful data enabled the company to foster long-term partnerships with diverse suppliers, driving sustainable growth and innovation across its supply chain.

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Please fill out the enquiry form or reach us at sales@net2source.com

People Like N2S

What They Are Saying

"N2S has been an exceptional partner in helping us scale our workforce quickly and efficiently. Their professionalism, speed, and global reach set them apart"

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Elena

"Working with N2S has streamlined our hiring process and brought top talent to our team faster than ever. Their expertise and responsiveness are truly impressive."

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David

"Net2Source understood our local hiring needs perfectly while offering the advantages of a global partner. Their support has been both reliable and flexible."

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Isabelle

YOU MAY NEED TO KNOW

Frequently Asked Questions

Why Diversity Spend Capture is important?

Diversity Spend Capture is the process of tracking and analyzing your organization's expenditures with diverse suppliers. It helps businesses meet compliance requirements, achieve supplier diversity goals, and drive inclusion while fostering innovation and community impact.

How does Net2Source support diversity spend tracking?

Net2Source provides a comprehensive solution that includes advanced analytics, data centralization, supplier verification, and tailored reporting tools. Our services streamline the process and offer actionable insights to maximize the value of your diversity spend.

What types of suppliers are considered ‘diverse’?

Diverse suppliers include businesses owned and operated by underrepresented groups, such as women, minorities, veterans, LGBTQ+ individuals, and persons with disabilities. Verification of their diversity certifications is part of the process.

Can your solution integrate with our existing procurement systems?

Yes, our Diversity Spend Capture solution is designed for seamless integration with your current procurement and vendor management systems, ensuring minimal disruption while centralizing data for better visibility.

How does this service help with compliance?

Our solution ensures your organization meets regulatory and corporate requirements by providing detailed, audit-ready reports that demonstrate compliance with diversity benchmarks and guidelines.

What industries can benefit from Diversity Spend Capture?

Diversity Spend Capture is valuable across industries, including manufacturing, technology, healthcare, retail, and more. Any organization aiming to enhance its supplier diversity program can benefit.

 

What kind of results can we expect from implementing this service?

Organizations typically see improved tracking accuracy, increased diversity spend, enhanced compliance, and stronger relationships with diverse suppliers. These outcomes contribute to sustainable growth and a more inclusive supply chain.

Ready to Grow? Partner with N2S

With 34 offices worldwide, including a strong presence across Europe, support is never far away. Interested in joining our team? Discover what it’s like to work at N2S or connect with us on LinkedIn. Looking for a reliable staffing partner? Explore our proven expertise in workforce solutions tailored to European markets.

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