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SROI will help
- provide a consistent and clear approach to understanding and reporting on the changes caused by an organisation;
- organisations improve strategies, systems and accountability; and
- manage risks, identify opportunities and raise finance required to achieve their mission or strategy
Because SROI is built on principles, it is very flexible. Different organisations create value in many different ways. A consistent approach to understanding value means that you can communicate clearly where and how you create value in a credible way
SROI can help you plan. By forecasting the value you expect to create using SROI, you may identify areas where you need to change, often in the way you collect information. Improving the information you use to report performance and being able to compare performance against forecasts will help you create more value.
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