Government: Grant Management
Updated: September 30, 2004
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 up front on management and allocation of grant funding rather than spending time at the back-end calculating amounts used? Microsoft Dynamics products and integrating applications created by our certified development partners provide tools to help better manage grants from the start, helping you remain accountable to your sponsor and helping ensure you comply with regulations throughout the process. On This PageHow Grant Management Applications Can HelpGrant 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: | • | Validates transactions against budgets: period-by-period, grant-to-date, or grant life basis. | | • | Helps eliminate overspending with automated budget warnings. | | • | Helps prevent posting of grant transactions when budget is exceeded. | | • | Allows grants to span multiple fiscal periods. | | • | Enables you to assign specific people, general ledger accounts, or projects to a grant. | | • | Lets you attach a sponsor or a list of sponsors to the grant. | | • | Provides "actual" versus "budget" comparison with detailed summary reports. | | • | Delivers specialized reports or standard reports that automatically summarize based on grant inception-date or ending-date, regardless of fiscal year parameters. |
Maximize the Value of Your Grant and Increase Your Chances for Future FundingAutomated 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.
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