Since our founding, Sepire has been a certified Women’s Business Enterprise (WBE).

It’s truly an honor to be associated with such a prestigious organization. It is one of my proudest moments as Sepire’s CEO.

The beauty of being certified as a WBE is that this status benefits our customers too.

How? Working with WBEs helps companies…

Reach diversity spend quotas

Some of the world’s largest companies self-impose a minimum supplier diversity spend through internal policies. Each year, the WBENC recognizes these companies with the “America’s Top Corporations for Women’s Business Enterprises” award. Collectively, the 2019 honorees spent over $51.9 billion with WBENC-certified WBE suppliers.

It’s a prestigious list consisting of many of the world’s most influential brands.

Working with WBEs helps companies not only reach their diversity spend quotas but also improve their positioning to win local, state, and federal government contracts.

Increase market share and revenue

Working with diverse suppliers can have a tangible impact on key performance metrics. According to the Harvard Business Review, in countries such as the US, companies that embrace gender diversity are more likely to have higher market value and revenue.

The Hackett Company, a prominent strategic consulting firm, compiled research that also supported the relationship between performance and diverse suppliers. The firm found that top-performing businesses utilize supplier diversity to build their reputation.

In turn, this leads to increased market share and talent retention.

Qualify for tax incentives and reduce costs

Who doesn’t like a tax break? Or reducing costs? Working with WBEs can help companies achieve tax incentives, rebates, and breaks. Plus, WBEs tend to be smaller businesses, which makes them more agile and accommodating to operational and supply chain needs. This creates opportunities for quicker turnaround times and cost reductions.

Final Thoughts

Whether you’re interested in creating revenue-building opportunities or boosting your brand, working with diverse suppliers can benefit all aspects of your business. Plenty of major companies already do.

Sepire is proud to be a WBE, and we’d love to show you how we can help your company thrive.

If your company needs secure communications support during this challenging time, let’s talk.