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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. As you know, how you perform in audits will directly affect the funding you receive.

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IIJA Explainer: Leveraging Available Funds

AmpliFund

Signed into law in 2021, this legislation funds infrastructure projects through 2026. Funds have been distributed at the expected pace with competitive grants taking longer than formula or direct spending. Best Practices for Successful Award Management With increased funding comes increased challenges.

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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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3 Steps for Effective Grant Reporting

AmpliFund

Your audience may be made up of external stakeholders such as grantors and donors, or internal stakeholders, which could include management, the president/CEO, and the board of supervisors. One final insight I’ll share here is that using a GMS, such as AmpliFund, is vital in streamlining the reporting process.

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Why GMS? Making the Case

AmpliFund

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.

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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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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. Create Processes Never underestimate the importance of creating standard processes when you’re managing grants.