Delivering timely information about successful budgeting and grant performance can help increase your likelihood of receiving future grants. Wouldn't it be helpful if you could focus your time and energy on management and allocation of grant funding up front, instead of spending time at the back end calculating amounts used? Microsoft Dynamics products and integration applications created by Microsoft certified development partners can help you better manage grants from the start, remain accountable to your sponsor, and comply with regulations throughout the process.
Grant management systems can help cut costs and improve the productivity of those who process applications, make awards, and administer and close grants. Automated grant management allows you to streamline transactions, easily monitor daily expenditures, and deliver timely reports for optimal grant performance by providing the following functionality:
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Validating transactions against budgets: period-by-period, grant-to-date, or grant-life basis
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Helping eliminate overspending with automated budget warnings
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Helping prevent posting of grant transactions when budget is exceeded
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Allowing grants to span multiple fiscal periods
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Enabling you to assign specific people, general ledger accounts, or projects to a grant
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Letting you attach a sponsor or a list of sponsors to the grant
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Providing "actual" versus "budget" comparison with detailed summary reports
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Delivering specialized reports or standard reports that automatically summarize based on a grant's inception date or ending date, regardless of fiscal year parameters
Maximize the value of your grant and increase your chances for future funding
Automated grant management can bring dozens of benefits to your organization. Want to review a few at the top of the list? See 7 Benefits of Automated Grant Management.
