CSR Amendment 2021: Goodera unveils new technology-enabled partner support, compliance, and impact assessment modules

Goodera's team will assist corporates in the creation of an annual action plan with a separate budget and finance module for planning annual allocations, disbursements, invoicing, unspent amounts, and surplus budgets. It also helps capture direct, indirect costs and CAPEX, OPEX for each project, and aggregates data for reporting convenience. The solution also helps expedite CFO approvals through its uniquely designed workflows.

The Goodera Impact Assessment module for corporates: Goodera has appended its technology stack to sell technology-enabled Impact Assessments for clients. This will include access to their web and mobile application, and integrations of IVRS with their CSR portal to undertake detailed impact assessment, provide beneficiary profiling, understand project insights, and demonstrate Impact. This end-to-end solution offers:

* Insights from existing data and the baseline report to plan effective field assessments,

* Automated and standardized forms determined by logical framework and theory of change modeling to ease survey and data collection, and

* Detailed reports underpinned by insightful impact dashboards.

The Goodera Partner Support Module: One of the major action items for NGOs will be to get new registrations completed within a defined timeline. The Partner Support Module supports NGOs by providing the necessary support for submission of the e-form CSR-1 on the MCA portal and to obtain a unique CSR Registration number. The new offerings allow compes to further alleviate the challenges and hurdles faced by the CSR community.

With the modules designed to be extremely secure with an end-to-end cloud-based infrastructure, Goodera is one of the only ISO 27001 certified compes in the ecosystem.

Goodera is a technology company that makes CSR, volunteering, and sustainability activity transparent, measurable, and engaging for its customers. Used globally by corporations and foundations, Goodera simplifies CSR by automating processes, managing data, and facilitating coordination with NGOs. Goodera enables compes to showcase quantified impact to customers, employees, and investors with ease.

Goodera is currently deployed at 200 compes - including Target, Gap, Dell, and Amazon. Managing over $500 million in CSR capital, the Goodera platform is used by corporates to collect and aggregate data from internal and third-party sources. Goodera social and environmental impact reports are used for internal progress tracking and in ESG reporting to investors, analysts, and corporate boards.

Goodera is co-headquartered in San Mateo, CA, and Bangalore, India and is backed by Omidyar Network, Nexus Venture Partners, and SAIF Partners.

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( With inputs from ANI )