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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. Imagine this: You’re trying to find an important form for one of your awards.
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.
Compare Amplifund and Instrumentl in this detailed review, covering key features, pricing, user reviews, and overall value. Find out which platform best meets your grant management needs to make an informed decision.
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.
Discover Amplifund's pricing plans with a comprehensive overview of features to aid potential customers in selecting the ideal plan. Compare these offerings with alternatives like Instrumentl to assist in informed decision-making for effective grant management solutions.
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.
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.
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.
However, while the IIJA provides resources to much-needed programs and projects, this surge in funding introduces a complex set of challenges for local, state, and tribal grant managers, who are tasked with navigating a larger scope of grant opportunities, adhering to specific program requirements, and managing increased funding volumes.
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.
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.
Explore a detailed comparison of grant management tools, analyzing features, benefits, and pricing to assist grant managers in choosing the most suitable platform for their organizational needs and maximizing efficiency in grant processes.
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.
It’s crucial to prep for closeout in advance to better manage the process and be prepared ahead of time for any unanticipated changes or modifications that may arise. For example, checklists can break down processes into manageable, trackable steps. If you are managing subrecipients, download our Subrecipient Monitoring Checklist.)
If you are in search of the right grant management software (GMS) to support your team and amplify your impact, you need to be sure you work with a SaaS provider that has the experience to understand your priorities and challenges. Not all vendors are created equal. That is true in any industry. Your staff may be wary of technology.
Establish a Realistic Reporting Process While you need a performance and financial reporting schedule that aligns with the project timeline and level of complexity, it also needs to be manageable for your recipients. Monitor Risk Identifying and managing risks proactively is essential to prevent setbacks.
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.
Tip: A grant management system like AmpliFund enables you to quickly search your past project history with unlimited document storage which provides you with a permanent record of the grant program. AmpliFund is more than just software. This allows you to have access to institutional knowledge in spite of turnover.
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. Tip: Grants management software can help you search for and apply for funding. Overwhelmed by the complexities of managing grants?
When the Office of Management and Budget (OMB) introduced revisions to the Uniform Grant Guidance (UGG) in 2020, there was a notable focus on performance. What does “performance” mean for grant management? AmpliFund can help you automate these processes in the future, which can standardize data collection across your portfolio.
Paired with a CRM or a donor management platform, you can organize all of your donors’ and supporters’ data in one place. An industry-leading donor management platform, Bloomerang can help you stay connected to your supporters and retain more donors. DonorPerfect is your one-stop-shop for managing your donors. Grant management.
The Office of Management and Budget’s (OMB) 2023 Compliance Supplement for Single Audit Act audits has finally been released. It’s relevant to note that federal awarding agencies are encouraged to continue to focus grants management on both compliance and program performance. Part 200, is now available for your reference.
It is important for grant programs to understand how they can effectively prepare to manage these funds. It is imperative that your grants program begins planning to apply for and manage this funding as soon as possible so you can focus on your outcomes, not paperwork. million jobs per year for the next 10 years.
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