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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. You check your email, sort through spreadsheets, rifle through Word documents, but no luck.
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. You may need to use specific templates and provide documentation.
Implementing a strong set of internal controls is critical to effectively manage grants. The turnout for our recent webinar, Creating Buy- I n for System-Wide Internal Controls , made it very clear that grant managers know they need internal controls but may not have the support, resources, or know how to put them in place.
If you're managing grant funds in spreadsheets and keeping track of program progress and expenditures with documents and emails, you're likely keenly aware of the inherent risks and administrative headaches. You may already recognize that grant management software (GMS) can address these and contribute numerous other benefits.
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.
Funds have been distributed at the expected pace with competitive grants taking longer than formula or direct spending. 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. trillion into the nation’s infrastructure.
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. Create Processes Never underestimate the importance of creating standard processes when you’re managing grants.
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. Check out our Grant Management Centralization Guide for guidance. Schedule a demo to learn more.
We know many grant makers publish new funding opportunities in the spring, and using purpose-built tools to create and manage them saves organizations a lot of time and effort. Grants management software like AmpliFund gives you unlimited application forms, sections, and questions that you can use to build out applications.
Prioritize projects that have the potential to be sustained after the grant funding ends. Tip: If a lack of resources is frequently a roadblock for your organization, grants management software like AmpliFund helps create capacity for your team by streamlining your processes. Overwhelmed by the complexities of managing grants?
Grant programs across the country are used to doing incredible things with fewer resources than they need, but right now t here is more federal funding available than ever before. S uddenly, grant s teams are finding that they may be able to get the funding they need for the projects they ' ve previously had to put on the back burner.
Grant professionals from various sectors turned to AmpliFund this year for guidance on grants best practices, ensuring they’re in the best position to stay compliant, and resources to help them understand Federal funding. Read more #6 – Congratulations on Becoming a Grants Manager.
OMB worked with federal agencies to provide additional guidelines, clarifications, and expectations for federal grant recipients, pass-through entities, and auditors. To help you understand the implications for your organization and identify the sections you may need to fully read, we created a summary document.
Grant programs across the country have an unprecedented opportunity to construct vital infrastructure for their communities with the $1 trillion in funding from the Infrastructure Investment and Jobs Act (IIJA). The IIJA has created and begun awarding new formula and competitive grants, and many existing grant programs will receive a boost.
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