If you work in a non-profit organization, you may know the importance of grant applications in keeping your operations running. However, going through piles of grant applications can be overwhelming and time-consuming. This is where using a grant management system comes into play. A grant management system is a software solution designed to help non-profits maintain their grants pipeline. In this blog post, we will go over what to look for in a grants management system to make your grant application process more efficient.
Grant Application Process Management
Your grant management system should have an end-to-end grants management solution. This means a system that can create forms, track applications, and help you respond to requests quickly, all in one place. An ideal grants management system should also offer a customizable workflow process, permit multichannel communication with applicants, and allow you to maintain benchmarks to track submissions.
Collaboration and Reporting Features
Having a system that can promote team collaboration and provide insights on grant funding is crucial. The ideal grants management system should allow staff with access to work collaboratively with other stakeholders and prevent working on duplicate submissions. In addition, reporting features that provide instant insights into grant progress, applicant evaluation, and submission status are essential. These reporting insights also help in better decision-making and help pinpoint any inefficiencies in the grants management process.
Integration and Flexibility
Finally, the grants management software that you choose should be flexible and easily adaptable to your organization’s existing tools. Since many non-profit organizations rely on other software solutions, opt for a vendor that can seamlessly integrate their system with any other software tools used by your organization, such as applicant tracking tools or fundraising solutions.
