Grant management software aids in managing the grant submission and granting process from various angles for both grantmakers and grant seekers. Although grantmaking foundations use these technologies mostly in the nonprofit sector, governmental bodies and scientific research institutions can also use them. In this article, we will look at the overview of the best, free and nonprofit grant management software and there features.
Grant Management Software
Alternatively, grant management software created for grant seekers enables companies to search for open grant opportunities based on chosen criteria and offers tools to aid in application preparation and submission. The storage of frequently used files and responses, document attachment capabilities, and improved communication between grantmakers and grant applicants are all features of these applications. Grantees can download reports to track bigger data sets linked to financing or programmatic success, as well as measure their progress over time against defined metrics and adjust their course as necessary.
Basic grant administration tasks are supported by some fundraising and donor management software, making it possible to handle crucial deadlines and action items, relationship details, proposals, and reports. In order to handle fund accounting and make sure grant expenditures comply with the agreed-upon budget, the majority of grant management solutions also integrate with accounting software. A product must meet the following criteria to be eligible for the Grant Management category:
- Control the grant opportunity pipeline from the perspective of the grantmaker or the grant seeker.
- Give organizations the means to communicate with their funders through communication
- For necessary tasks during the pre-and post-award process, create task assignments.
- Track grant allocations to check on the health of your funding portfolio or to make sure your grantees are complying.
Best Grant Management Software
These grant management software tools help funders keep track of the costs associated with their grants, keep tabs on how each grantee is doing, and gauge success over time to determine whether their funding priorities need to change. From the standpoint of project management, this kind of software aids users in keeping track of the necessary actions that take place during various stages of each grant application, from pre-award to post-award. Best grant management software:
#1. Submittable
Our rating: 9.3 N/A for user satisfaction
Teams may manage the application and review process with the aid of an all-in-one application management tool. It has features including form generation, multichannel marketing, review management, and autoscoring. The platform is additionally mobile-ready to give you the freedom you require.
#2. Zengine by WizeHive
Our rating: 9.0 98% of users are happy
Using CRM-focused grant management software, organizations in the education, research, and non-profit sectors can better manage the process lifecycles associated with grants, fellowships, and awards, among other things. Also, it has a well-integrated CRM module, sophisticated reporting, and over a thousand integrations. As a result, it is a go-to option for cause-based organizations.
#3. Optimy
Our rating: 8.5 100% user satisfaction
Business foundations can measure and improve their corporate social responsibility with all-in-one software. Additionally, users of Optimy can design and customize their own forms, handle several tasks from a centralized dashboard, and administer them. Data exports, reporting, and automated workflows are among the key features.
#4. NetSuite Grant Management
Our rating: 9.7 100% user satisfaction
A comprehensive cloud-based management system for foundations, social businesses, and nonprofits. Also, this platform gives users visibility into every phase of the grant lifecycle and an end-to-end solution. Grant and fund accounting, financial management and segmentation, automated FASB reporting, and other capabilities are some of its features.
#5. PeopleSoft Grants Management
Our rating: 9.9 96% of users are satisfied
A fully web-based and integrated end-to-end grants management software product created by Oracle to simplify the administration of grants for federally funded research and projects. Furthermore, this product gives institutions and agencies the ability to automate pre-and post-award processes, access information and collaborate from a central repository, and adhere to institutional and sponsor requirements.
#6. SurveyMonkey Apply
Our rating: is 9.8 100% user satisfaction
A user-friendly and adaptable online application management system that enables groups and organizations to gather, organize, and assess grant applications quickly and easily as well as advance their missions.
#7. Workday Grants Management
Our rating: 9.6 75% of users are satisfied
A fully integrated, automated, and feature-rich grant management application that helps public sector, academic, and healthcare organizations track, manage, and report grant funds; provides visibility into grant activities and expenditures; automates post-award procedures; and complies with reporting regulations and requirements set forth by grantmaking agencies and sponsors.
#8. FluidReview
Our rating: 9.4 N/A for user satisfaction
The development of branded portals, streamlining of the grant application process, creation of automated and triggered processes and tasks, and intelligent selection of the appropriate applicants for grant programs are all made possible by an end-to-end grants management software solution “fluidreview”.
#9. CyberGrants
Our rating: 9.3 95% of users are satisfied
A comprehensive and highly-customizable grants management solution that supports corporations, foundations, and nonprofit organizations in streamlining the management and execution of their philanthropic and charitable initiatives. More so, this solution inspires, empowers, and engages all individuals involved in the grant lifecycle process.
#10. IT Works
Our rating: 7.7 95% of users are satisfied
With features like grant funding pipeline visibility, funding reporting deadline tracking, compliance management, study space management, research publication tracking, effort certification, and reporting, an innovative grant management software can help to streamline pre- and post-award processes and activities for research projects managed by academic institutions, scientists, and research teams
Nonprofit Grant Management Software
When looking for grant management software, nonprofits have many choices. Others were developed specifically for grant creators and grant seekers, while some are a part of bigger online donation platforms. Here are the four primary ways grant management software may make your nonprofit’s life easier:
- Less time is spent on administrative activities.
- The capacity to locate additional grant opportunities.
- Notifications of deadlines for grants.
- Team member communication has improved.
The top grants management software for nonprofits is listed below.
#1. Salesforce
One of the biggest nonprofit SaaS firms is Salesforce, which offers online tools for managing donations, fundraising, and other activities. Also, nonprofits may track, manage, and deliver grant funding with the help of Salesforce’s grant management solution. This tool can be used by both grant creators and recipients to organize and deliver paperwork and funding. This package’s features include:
- Private grant invitations from the grantee portal
- Statuses of applications
- Submission specifications
- Disbursement plans
#2. Bloomerang
A nonprofit tool called Bloomerang offers fundraising, email marketing, surveys, and other features. Grant administration is a crucial additional area in which Bloomerang may support organizations. Also, nonprofits can use Bloomerang to keep track of applications, important deadlines, awards, rejections, and payments all in one location. Nonprofits can establish connections between people and potential grant givers by tracking grants on Bloomerang.
Generally, grant seekers can evaluate and analyze their organization’s financial and programmatic data using Bloomerang’s sustainability scorecard and respond to grant makers’ inquiries more rapidly.
#3. Fluxx
Software for managing grants was created by and for grantmakers, called Fluxx. Therefore, due to this history, they have features created specifically for grantmaking, such as :
- Tools for collaboration
- Forecasting and planning
- Grantee participation
- Reporting Storytelling
Fluxx offers a centralized location for submission collection, easy and transparent approval, deadline clarity, data accessibility, and impact visibility. Additionally, grantmakers can customize the grant process with Fluxx, assign tasks to team members, get email and in-app reminders for deadlines, and integrate Fluxx with other applications like Microsoft Office, Salesforce, Guidestar, and DocuSign.
#5. Eleo
A donor database, events management, website donation forms, volunteer and grant management, and an online donation processor are all elements of Eleo. The grant management system for Eleo is a part of the monthly fee. Also, it enables NGOs to centrally store, manage, and track grant applications and awards.
- Eleo can be used by charities to
- They add due dates to their calendar and give team members duties.
- Create and maintain budgets.
- Add as many files as you like.
Starting at $39 per month for 2,500 donor records, Eleo’s packages are affordable. Eleo does not provide a free package, but on a case-by-case basis, it does provide opportunity grants to charity organizations.
#6. Submittable
A grant management program designed for grant writers is called Submittable. With the aid of this software, grant writers should be able to save twelve hours each week on average. They take great satisfaction in offering an efficient procedure that aids grantmakers, applicants, and reviewers with:
- Easy-to-use centralized solutions.
- Reminders for tasks.
- Search and filtering features.
- Real-time remote collaboration with team members is possible.
Grantmakers may develop forms, examine applications, inform recipients, distribute funds, report results, and assess the effect of Submittable. starter, pro, and enterprise packages are available.
Free Grant Management Software
Below are the five free grant management software
#1. OpenProject
Project managers and teams may easily and cooperatively work on their projects with the aid of OpenProject, an open-source project management platform. Also, your managers may design schedules and settings using OpenProject that will empower each team member, encourage creativity, and make the best use of all available resources.
#2. ProjectLibre
An open-source free grant management software tool called ProjectLibre is committed to offering both free desktop and ground-breaking cloud solutions. It may run on a variety of operating systems, including Windows, Mac OS, and Linux. You can use ProjectLibre to organize and manage your team’s responsibilities. It also lets you keep an eye on the schedule and generates excellent reports. If your company is small to medium-sized and needs to complete a single project, ProjectLibre is ideal.
#3. Fluxx
Fluxx is a technology that supports the philanthropic ecosystem. It has created grant management software that makes the ecosystem more open, transparent, and connected for both funders and impact investors. Grantseekers on Fluxx serve as a conduit for cooperation between funders and charities. From a single location, you can apply, track, post, and share impact stories. The primary grants, timelines, and insights are all displayed on a single dashboard. By providing auto-recommended answers to frequently asked topics, it allows users to establish their own to-dos and save time.
#4. Wizehive
Software for managing memberships and grants is available from WizeHive and is appropriate for non-profit organizations and also a free grant management software. Also, through automated workflow rules, the grant management system from WizeHive folds grant applications into categories. Applications may be gathered directly on a hastened software portal, through a company’s website, or through a Facebook page.
#5. GrantHub
Granthub is a free grant management software tool that is simple to use, affordable, and primarily used by non-profits and grant consultants. More than 350 grant hopefuls use it to keep track of their awards. Your assignments, applications, reports, and crucial grant paperwork are all managed online using Grant Hub. Spreadsheets, calendars, folders, and manual tracking systems are not necessary.
What Is CRM in Grant Management?
Customer relationship management (CRM) is a tool that organizes all of your company’s interactions and relationships with current and potential clients. CRMs promote better and more consistent contact and communications management, service delivery, and relationship improvement inside a business.
Is Grant Management Hard?
It takes a lot of time and effort to write a good grant proposal, but it can take just as much work if not more, to manage the grant once it has been awarded. Grant donors have a financial incentive to see that recipients carry out the plans they outlined in their applications and allocate the funds they requested.
How Do I Organize My Grant Files?
Use logical file names that include dates. When naming a file, it is useful to add at least the month and year, especially for content that might need to be updated frequently. If your files are ordered alphabetically, placing a zero at the start of the name will always place it at the top of the list.
Is Grant Management the Same as Project Management?
Both grant management and project management are separate ideas that are crucial to the effective completion of a project. Project management entails overseeing all areas of the project to assure success, unlike grant management, which focuses solely on the utilization of grant funding.
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