Grants Management

Public sector institutions and non-for-profit organizations receive considerable funding from external sources. They must meet their individual sponsor requirements without compromising their internal accounting processes. Grants, donations and awards must be managed over their whole lifecycle– from internal draft and application to consumption and final close-out. In the funding agreement, the sponsor outlines only the general purpose of funding. The agency must decide before the execution of a project which sponsor should fund it.

Enterprise Content Management (ECM) solutions help securely manage the many formats of content (emails, contracts, application forms, reference letters and so on) from multiple sources related to grants management, and in compliance with increasingly stringent regulations governing records management, privacy and access to information.

Open Text helps you address these challenges with ECM software solutions for Grants Management.

Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.

 
 

Meet your Business Goals

GOAL: Improved regulatory compliance
KPI: Decreased audit costs

GOAL: Increased transparency and accountability
KPI: Increased public trust

GOAL: Reduced operating costs and increased efficiency
KPI: Increased number of grant management cases per FTE

GOAL: Increased collaboration between grantees and granting agency through use of communities of practice
KPI: Lower cost of grant programs through cooperative agreements and reduction of overlapping grant funding

GOAL: Increased user friendliness and reduction of paper
KPI: Lower cost of grant programs through use of communities of practice

 

 

How can we help?