{"id":2954,"date":"2020-03-18T14:31:55","date_gmt":"2020-03-18T09:01:55","guid":{"rendered":"https:\/\/www.quytech.com\/blog\/?p=2954"},"modified":"2023-01-03T11:51:11","modified_gmt":"2023-01-03T06:21:11","slug":"how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution","status":"publish","type":"post","link":"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/","title":{"rendered":"How to Measure Corporate Social Responsibility Outcome with Technology Driven Solution"},"content":{"rendered":"\n<p>Corporate social\nresponsibility (CSR) promotes a vision of business accountability to a wide\nrange of concerns related to the community and civil society in general. We as\na leading mobile app development company believe in creating technology\nsolutions that enhance the business\u2019s productivity and economy. Implementing\nthe CSR terms and norms our focus is on how to regulate the CSR strategies that\ntruly correlate the values of the business and society. Through our CSR\nsolution, we are trying to evaluate the planning, resourcing, and monitoring of\nCRS investments. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#Lets_understand\" >Let\u2019s understand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#CSR_Statistics\" >CSR Statistics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#Issues_and_Challenges\" >Issues and Challenges<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#Technology_Driven_Solution\" >Technology Driven Solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#Increasing_the_CSR_impact_with_technology\" >Increasing the CSR impact with technology<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lets_understand\"><\/span><strong>Let\u2019s understand <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to the CSR terms and norms every year, companies with a minimum net worth of Rs 500 crore, turnover of Rs 1,000 crore, or net profit of Rs 5 crore are required to spend at least 2% of their average profit for the previous three years on CSR activities. The purpose of CSR is to ensure that there is the proper utilization of funds involved in strengthening the purpose of programs such as community education, employment, homelessness, and many other social causes. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"CSR_Statistics\"><\/span>CSR Statistics <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><ul class=\"blocks-gallery-grid\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"702\" height=\"336\" src=\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution.jpg\" alt=\"\" data-id=\"2958\" data-full-url=\"https:\/\/i0.wp.com\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution.jpg?fit=702%2C336&amp;ssl=1\" data-link=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/csrsolution\/\" class=\"wp-image-2958\" srcset=\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution.jpg 702w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution-300x144.jpg 300w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution-230x110.jpg 230w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution-350x168.jpg 350w, https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSRsolution-480x230.jpg 480w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/figure><\/li><\/ul><\/figure>\n\n\n\n<p>Nowadays, the importance of CSR for consumers is growing significantly. CSR facilitates the development of society beyond legalities and contractual arrangements. Sometimes CSR has been misused by corporates, it became a tool used to create the illusion of social responsibility. <em><strong>CSR has gone up from 10,066 crore in 2014-15 to 3,327 crore in 2017-18.<\/strong><\/em> It was spent highest in education, health, fight against poverty and malnutrition, access to clean drinking water, livelihood and for the differently-abled. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Our objective:<\/strong> How the benefits of CSR can be maximized by monitoring and tracking the funds and resources. <\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Issues_and_Challenges\"><\/span><strong>Issues and Challenges<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Contributing to\nCorporate social responsibility is the way to create business values while\npromoting positive social changes. It has a major impact on the business bottom\nline as it is getting a lot of attention for good reasons. These days the\nconcept of corporate social responsibility is firmly rooted around the globe as\na \u201cBusiness Agenda\u201d to take positive action where many hurdles needed to be\novercome. <\/p>\n\n\n\n<p>The prime purpose of\ncounting CSR is to make the corporate business activities as well as the\ncorporate culture both supportable. No serious efforts are made to properly\ntrack and analyze the resource at the grassroots. Moreover, there is a lack of\ninterest in participating and contributing to CSR activities by many companies.\nSuch situations are aggravated due to the lack of tracking, communication,\naudit, and records between the company and the CSR communities. <\/p>\n\n\n\n<p><strong>Issues of Transparency: <\/strong>Lack of transparency is one of the key issues brought forth while regulating CSR funds and resources. Many companies have an expression that local implementing CSR agencies offer a lack of transparency. They do not make adequate efforts to disclose information on their programs, audit issues, impact assessment and utilization of funds. <\/p>\n\n\n\n<p><strong>Monitoring Non-governmental Organizations: <\/strong>There are\nno measures taken to identify the real needs of the community and work along\nwith companies to ensure the successful execution of CSR activities. It is\nexperienced that there is no monitoring done to control nongovernmental\norganizations in remote and rural areas that can be considered. <\/p>\n\n\n\n<p><strong>Tracking Corporate Social Responsibility\nactivities: <\/strong>Corporate social responsibility within the local communities has not made\nserious efforts to spread awareness about CSR. CSR funds in its true sense need\nto be the track to overcome the challenges that eventually impact the\nend-users. It is thus important for management to realize that it must consider\nthe impact of CSR actions taken. Considering whether the action likely promotes\nthe public good and contributes to the basic belief of society. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technology_Driven_Solution\"><\/span><strong>Technology Driven Solution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Aware of the multitude of challenges it is important to increase the impact of the CSR with the technology. <a href=\"https:\/\/www.quytech.com\">Quytech<\/a> a tech lead company discovered the delicate balance between achieving corporate profitability and making a social contribution with the technology. <\/p>\n\n\n\n<p>We provide fully hosted\nand managed CSR solution used to engage employees in volunteering, giving, and\nsustainability initiatives. Following the CSR terms and norms, we are dedicated\nto improvising CSR framework helping administrators to manage corporate and\nfoundation charitable programs. Our CSR solution will help you to leverage\nreliable payment distribution services, robust reporting tools, and CSR program\nmanagement that increases employee participation. Here are some features of our\nCSR solution. <\/p>\n\n\n\n<p><strong>Create Events <\/strong><\/p>\n\n\n\n<p>Our CSR\nsolution gives you and your team the flexibility to set up events, coordinate,\nand recruit volunteer.<\/p>\n\n\n\n<p><strong>Online Track <\/strong><\/p>\n\n\n\n<p>With\nthis feature track individual volunteer to ensure that CSR event reporting is\nup-to-date and easily reportable to the management.<\/p>\n\n\n\n<p><strong>Run Campaigns<\/strong><\/p>\n\n\n\n<p>Quickly\nrally your employees to support CSR campaigns by building connections and\nsupporting fundraising. <\/p>\n\n\n\n<p><strong>Engagement\n<\/strong><\/p>\n\n\n\n<p>Our\nsolutions drive engagement that helps to make your programs a bit easier for managing\nand growing with interactive CSR initiatives.<\/p>\n\n\n\n<p><strong>Motivate participation <\/strong><\/p>\n\n\n\n<p>Provide\nyour participants to share their volunteer program on social media to motivate other\nemployee for more participations. <\/p>\n\n\n\n<p><strong>QR code\nattendance<\/strong><\/p>\n\n\n\n<p>The QR code is scanned by the attendee, the\nlocation, action and CSR event description details. &nbsp;That you specified above are displayed, and\nthe person scanning the specific QR code is asked to enter their name of\nidentification number.<\/p>\n\n\n\n<p><strong>Employee\/Volunteer\nTime Sheets<\/strong><\/p>\n\n\n\n<p>Your employees\/volunteer scan for logging\nemployees in and out of work, whether it be on-site employees or remote\nemployees. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Increasing_the_CSR_impact_with_technology\"><\/span><strong>Increasing the CSR impact with technology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The positives of a CSR impacts can bestow an\norganization in terms of finances and decision-making. There is an urgent need\nto address the various CSR impacts with the help of the technology. Our CSR\nsolution helped is to track 8000 employees\u2019 participation in CSR activities.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It help 40000 students get\nlearning and training in different skills with traceable outputs.<\/li><li>8000 employees\u2019 participation\nand the system tracked 480000 man hours of volunteering efforts<\/li><li>Total 19200000 CRS spent was\ntracked with its overall impact in the society.<\/li><li>Increased brand awareness in\nrural India <\/li><\/ul>\n\n\n\n<p>Our solution coupled with our best-in-class account management tracked . <\/p>\n\n\n\n<p>Request for Demo at <strong>info@quytech,com <\/strong>or Fill the <a href=\"https:\/\/www.quytech.com\/contactus.php\">inquiry here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Corporate social responsibility (CSR) promotes a vision of business accountability to a wide range of concerns related to the community and civil society in general. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":2955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":["post-2954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CSR Solutions - How to Measure CSR Outcome with Technology Driven Solution<\/title>\n<meta name=\"description\" content=\"Quytech designed and developed a CSR solution used to engage and manage employees in volunteering activities. 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Corporates can plan, manage and track the time spent on different CSR activities by their employees and track their csr spend accordingly.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Quytech Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Quytech\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-18T09:01:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-03T06:21:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSR-solution.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"830\" \/>\n\t<meta property=\"og:image:height\" content=\"395\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ankur Mittal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Quytech\" \/>\n<meta name=\"twitter:site\" content=\"@Quytech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ankur Mittal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/\"},\"author\":{\"name\":\"Ankur Mittal\",\"@id\":\"https:\/\/www.quytech.com\/blog\/#\/schema\/person\/4b5403e380a91c2b772b7a5b496b93f1\"},\"headline\":\"How to Measure Corporate Social Responsibility Outcome with Technology Driven Solution\",\"datePublished\":\"2020-03-18T09:01:55+00:00\",\"dateModified\":\"2023-01-03T06:21:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/\"},\"wordCount\":998,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSR-solution.jpg\",\"articleSection\":[\"Technology\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/\",\"url\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/\",\"name\":\"CSR Solutions - How to Measure CSR Outcome with Technology Driven Solution\",\"isPartOf\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.quytech.com\/blog\/how-to-measure-corporate-social-responsibility-outcome-with-technology-driven-solution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.quytech.com\/blog\/wp-content\/uploads\/2020\/03\/CSR-solution.jpg\",\"datePublished\":\"2020-03-18T09:01:55+00:00\",\"dateModified\":\"2023-01-03T06:21:11+00:00\",\"description\":\"Quytech designed and developed a CSR solution used to engage and manage employees in volunteering activities. 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