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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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Choosing the Right Path: ERP + GMS

AmpliFund

An ERP system serves as the backbone of an organization — integrating various business processes such as finance, human capital management , and procurement. So how does an ERP benefit grants management ? So how do you make your case that the ERP system’s grant management features are insufficient? My recommendation.

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IIJA Explainer: Leveraging Available Funds

AmpliFund

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. Let’s take a look at both—how to access IIJA grant funds and how to manage your awards to maximize and demonstrate the impact of the IIJA funding.

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Your Cheat Sheet to Better Grant Budgeting & Financial Reporting

AmpliFund

When it comes to reporting requirements and financial management, I touched on the impact of Uniform Guidance, agency guidance, and the specific award documentation. It is worth mentioning that the integration of a grant management system (GMS) with an ERP or financial system, is a tremendous boon to anyone managing grants.

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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. For example, checklists can break down processes into manageable, trackable steps.

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3 Tips for Managing Grants

AmpliFund

We know that managing grants can be confusing, and we’re here to help. When you don’t have an effective strategy in place to manage and store your grant data and documents, it is easy to make mistakes. In some cases, they can result in having to pay back the award. Helps you stick to the project timeline.

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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.