Strengthening your partnership with the Third Sector

The third sector makes an enormous contribution to our society, economy and environment. Every day, hundreds of thousands of organisations and millions of volunteers make a practical difference to the communities in which they operate. Social enterprises now account for around 5 per cent of all businesses with employees and have a turnover of over £27 billion a year. The third sector has always been at the heart of social and environmental change and over the next 10 years the Government intends to strengthen its partnership with the third sector, in an effort to extend their significance as a vehicle for the delivery of Government policy.

To generate the necessary insight into the nature and extent of your spend with charities, voluntary groups and social enterprises, we have entered into an exclusive strategic alliance with Guidestar UK to integrate their Third Sector database into the Observatory. This can help you respond to many of the challenges identified in the Third Sector review and, in particular, help positively influence progress toward a more equitable distribution of your organisation's spend with the third sector. 

Using Source Three and the Analysis tools within the Observatory will enable you to do the following:

• Determine how much you currently ‘spend' with the Third Sector.
• Understand which Third Sector bodies are overly dependent on you for the bulk of their income.
• In comparison with others, establish a realistic goal for what your proportion of non-pay spend going to the Third Sector should be.
• Generate lists of prospective Third Sector partners and export their contact details, to allow rapid production of communications designed to inform the Third Sector locally of a partnership or trading opportunity.

To arrange a meeting to discuss how implementation of the our solutions can help your organisation positively influence your interaction with the third sector then please contact us.