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3 Ways Grant Management Software Supports Compliance

AmpliFund

In wrapping up our latest webinar series , I shared insights into how a grant management system, specifically, AmpliFund, plays a vital role in supporting compliance. Here are 3 ways grant management software supports compliance: 1. Imagine this: You’re trying to find an important form for one of your awards.

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Your Cheat Sheet to Better Grant Budgeting & Financial Reporting

AmpliFund

In our recent webinar, I detailed ways to improve grant budgeting and ease financial reporting. Key considerations for your budget planning process: Strong financial planning in the early grant stages sets the stage for successful program implementation and reporting. Photo by kanchanachitkhamma from Canva.

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Choosing the Right Path: ERP + GMS

AmpliFund

Unfortunately, w hile ERP systems offer a broad range of functionalities to manage various aspects of business operations, their grant management capabilities are not robust enough to enable most organizations to properly manage grant funding. So how does an ERP benefit grants management ? My recommendation.

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IIJA Explainer: Leveraging Available Funds

AmpliFund

Funds have been distributed at the expected pace with competitive grants taking longer than formula or direct spending. 1 The good news for governments of all sizes is that as of the act’s two-year anniversary in November, 80% of competitive funding had yet to be awarded. To tackle this successfully, consider two areas of focus: 1.

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Five Grant Recipient Monitoring Best Practices

AmpliFund

Monitoring your organization’s grant recipients is crucial for accurately measuring outcomes and making informed decisions for future funding. While you may not be able to control everything, you can put best practices in place for monitoring grant recipients—and this can have a big impact on the success and sustainability of funded projects.

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How to Successfully Close Out an Award

AmpliFund

Award closeout is a vital part of the grant lifecycle. It’s when you gather all documentation you’ve created during the life of the award to be compliant with reporting requirements and ensure all expenditures are accounted for.  Other resources can help too. (Check out our Award Closeout Checklist.)

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In Case You Missed it: Our Top Grant Management Learning Resources of 2023

AmpliFund

Over the past year, grant professionals have turned to our resources for guidance to deal with the challenges they face managing grants. Grant Management Centralization Guide Centralization is not just a best practice; it has become fundamental to keep programs in compliance and teams functioning efficiently.