Level two compliance grants companies doing business with Inspired Testing the advantage of claiming a procurement recognition of 125%.
is proud to announce it has achieved level two on the broad-based black economic empowerment scorecard, reinforcing the expert software testing company’s dedication to driving meaningful change for communities and clients alike.at Inspired Testing , was one of the key players in driving the company’s move from B-BBEE level three to level two. She says: “Meeting this goal in 2024 is cause for celebration for good reason.
Level two compliance grants companies doing business with Inspired Testing the advantage of claiming a procurement recognition of 125% versus 110% at level three. This means that for every rand spent with Inspired Testing, their clients can claim R1.25 on their procurement scorecard. This can result in a better enterprise and development score, and potentially positively impact their overall level of compliance.
The process entails a thorough analysis and testing of the supporting evidence required to validate each area of the scorecard. This includes black ownership, payroll-related documents, training and development assessments, the supplier database, assistance provided to uplift black-owned SMEs and social development for designated communities. It further includes the assessment of legislative and financial data that forms the basis of the compliance requirements of Inspired Testing.
Lowman acknowledges challenges as well as the successes of this journey. She says: “Some of the challenges we faced included the long administrative and maintenance aspects of the audit process, but I would say these were more than worth it.” She adds: “One of the contributing factors to this success was the implementation of a formal training strategy, including qualified resources created to add sustainable value to the trainees.
B-BBEE Status Louise Lowman Procurement Recognition Compliance 4IR4HER Dynamic DNA
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