10 Top Grant Management Software To Raise More!

grant accounting software

Purpose-built, cloud-based solutions for better corporate real estate management. Manages the full grants lifecycle including application submission, review, award management, and progress reporting/monitoring. The application needed to be easy to create, simple for applicants to complete, accessible for non-english speakers, and intuitive for reviewers to process.

Where is the best place to look for grants?

Government and municipal funding

Looking to see if your organization or program qualifies for federal dollars? Grants.gov is a great free resource to find government funding opportunities. For grants that may be closer to home, check the websites for your local municipality, county, or state.

With headquarters in the US, the company provides livelihood to over one hundred individuals with an estimated annual revenue of $15 million. Research a multitude of different software systems so you get an idea of what you like and do not like about each. Once you find a software system that offers most of the key features you are looking for, you can always purchase add-ons later to create the exact software package you need.

Avoid Spreadsheets for Grant Accounting

Purpose-built for the way grantmakers work, Fluxx creates a visual experience that connects interactions, relationships, and data in a single workspace. Turnkey and Custom Financial Reporting
Document and analyze all of your grants to assess progress and financial health. Drill-down to specific account details to identify issues or analyze account profitability. Create unique reports relevant to your individual initiatives to always have real-time information. Their integrated grant application system lets you submit grants directly through their system, and you can create proposal to-do lists. Your nonprofit can track grants through every step, including pre- and post-award.

grant accounting software

For example, the grant money can only be spent on certain items or for certain situations. You don’t want to risk forfeiting the grant money or not being eligible for the grant again. Grant management software is a paid service provided by contracted vendors that you can find and register for online. Sometimes, the services are available for free for a period of time depending on a few different circumstances. Cayuse (replacing the former SmartGrant) is a research grant proposal submission software designed to help users increase proposal success and funding, from the company of the same name (formerly known as eRA Software) in Portland. Grantseeker from Fluxx in San Francisco is a grant lifecycle management platform emphasizing clear communication and updates for funders, clear description of grant impact, revenue visibility, and also workflow automation.

Grant Management Software Products

Fundly realizes that tracking grant proposals can be tricky without the right tools. Neon also offers additional nonprofit fundraising software and web design services. Connect your donors to your mission with intuitive donor-advised fund management software. Rest assured that your data is safe with world-class security, privacy, and risk management. Protect confidential information what is grant accounting with role-based access and the ability to branch access to data by anything from location to department while still maintaining a centralized view of your programs. Create connections and deepen relationships with unparalleled relationship management and engagement capabilities and an intuitive online experience for your grantees, reviewers, partners, and donors.

For non-profits, the ability to win and manage grants offers immense resources for your organization. To make the most of grant money, document your use thoroughly, and be able to keep gaining grants, your https://www.bookstime.com/ should be up to the task. Let’s look at good practices, as well as how grant accounting software is vital to your nonprofit financial management. Social media is going to be one of the most important tools for nonprofits that aim to make and give out grants.

RESOURCES

Track grant projects, deliverables, and timesheets, and export everything in Excel spreadsheet. With General Ledger’s Grant Accounting capabilities, you are able to budget and report your grant activity in the grant’s unique fiscal year, as it can differ from your municipality Fiscal Year End. You have the versatility of budgeting for the present year as well as future years in which you may be planning large purchases or projects that are grant-funded.

grant accounting software

“Great product, especially for contract-based funding. Very helpful for processing monthly reimbursements. Many options and configurations available.” Stakeholder 360 unites your marketing, fundraising, programs, and IT teams on one integrated platform, helping you grow relationships with your stakeholders. AmpliFund’s Reporting Engine pulls data from every field in the system to create impactful reports that give real-time visibility into your portfolio. It’s hard to see the impact you make when you’re spending all of your time managing funding. We’re more than software, we’re your partner committed to delivering exceptional customer service and the tools you need to realize the full potential of your grants.

Free Grant Management Software

The centralized data management allows authorized staff to access the information they need across programs. Additionally, the grants management software can synchronize with human resources and staff timesheets to seamlessly add staff time to the overall program cost. Besides core accounting functions, flexibility is an essential element of grant accounting. The reality is that your individual nonprofit will function differently than any other. Your unique processes, grants, and funding resources make it that you’ll want to customize and configure how your accounting processes flow to maximize system usability. Otherwise, your staff will need to take extra steps and complete more manual work in order to conform to the system itself.