TRANSPARENCY AND ACCOUNTABILITY
SOCIODIG's goal is to act as a catalyst in eliminating waste and corruption in the humanitarian aid sector. To make aid effective, and to eliminate what William Easterly (2006) calls “the other tragedy of the world’s poor.” The original tragedy is the afflictions of hunger, treatable and preventable diseases, infant mortality, unnecessarily high illiteracy rates, children and vulnerable adults with no support. The other tragedy is the dollars wasted trying to address these problems; money stolen outright or lost to ineffective and mismanaged NGO programs.
By providing charitable organizations with a mechanism to publicly document their sincerity, to show donors where their dollars are going, and to give their beneficiaries a voice that speaks directly to donor, we can close the feedback loop between donor and beneficiary, eliminate waste and corruption, and make aid more effective.
With Socio-Dig’s STAMP sites and independent monitoring, donors no longer have to wonder where their contributions are going. They can see for themselves.
It also means more donations for sincere charities that are effectively delivering aid.
Non-governmental organizations (NGOs), including charities, advocacy groups and voluntary organizations, have a responsibility to demonstrate to the public that their operations are consistent with their values. Transparency and accountability are essential to responsible NGO management.
Accountability is the pillar of reliability and efficiency. It is a non-negotiable value, not a choice, and concerns, without exception, all the aspects of work of the organizations.
Accountability is an institutionalized and continuous relationship between the organizations and all the people who participate in their work. Accountability means explaining actions, keeping commitments, constant self-evaluation and improvement.
Accountability means responsibility, transparency and efficiency at all levels:
in finding and developing financial resources
in cooperating with people (beneficiaries, supporters, volunteers, employees)
in cooperating with official stakeholders, the private sector and the media
in the decision-making process and the governance of the organization
Good accountability not only improves the organisation efficiency but also guarantees:
Improved relations with donors and funders: Most donor agencies prefer organizations that have well-built accounting mechanisms.
Financial security: With proper accounting and audits you can ensure that all your transactions are secure and you are able to keep a check on money.
Greater involvement of communities: Local communities tend to get involved with NGOs that have shown accountability in the past. Communities will support your cause and will participate in your project implementation.
Facilitates partnerships and collaborations: Proper accountability tools will facilitate in developing partnerships with other organizations and agencies.
Improved performance: Accountability tools help you to keep check on your activities thereby improving your performance. Research reveals that NGOs with regulatory mechanisms are more effective in terms of their performance and impact.
The STAMP partnership is a key tool to help organizations demonstrate transparency and credibility in the non-profit sector.
Transparency is not just the mere provision of information, but the facilitation for effective access to important information. This information should be:
Relevant and easily accessible: it should be presented in a simple and easy to understand language, suitable to be understood by different audiences. It should include the necessary details to allow the analysis, participation and evaluation.
Timely and accurate: it should be promptly available, in order to provide to all interested parties sufficient time for analysis, assessment and engagement.