LM3 Online enables you to calculate your organisation’s local economic impact on its community.
The system allows you to see exactly which suppliers are contributing how much to the local economy. Use this to improve your supplier performance and to prove the value of your activity.
Now for the first time you can use new mapping facilities to enable any organisation, anywhere in the world to use LM3. All you need to know is who your suppliers are and how much you paid them.
Now completely redeveloped to show for the first time not only your average LM3 but also the difference that using local or non-local suppliers makes to the local economy.
All our clients are able to see whether SMEs, PLC’s, or the non profit sector really contribute the most to the local economy. This makes LM3 the key tool in delivering sustainability measurement.
LM3 Online enables any organisation to measure its economic impact by analysing any expenditure on any geographic area using current data. LM3 Online automates the whole process. Simply upload the spending data of the budget you wish to measure, such as a contract or company turnover; specify the target local area, and the system does all the surveying and calculations.
Whatever your reason for measuring your local economic impact, LM3 Online is the fastest, most user-friendly, and most cost-efficient method available. Now, completely redeveloped, the new model works anywhere in the world making it available for all forms of international grant aid impact, and global Corporate Social Responsibility uses.
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Provide objective evidence of community benefit, sustainability measurement, and social value.
Demonstrate added value of contract work and local benefit and to deliver auditable Corporate Social Responsibility (CSR).
Evidence the value generated by grants and contracts to the local community meet.
Evaluate grant aid impact and select projects with the greatest local economic impact.
We frequently work as an SME partner in academic research projects such as Horizon
