By Jason Peters, Business Development Director | June 8, 2021
In the age of Covid, we all sometimes find ourselves doing a doubletake on things that used to be commonplace. Grant Providers might find themselves wondering how much more difficult it might be to gather all of their required reporting metrics this year with everyone working remotely. We are here to help with that challenge! The good news is that Grant Reporting can be easier and more efficient than it was before!
Grant Providers (i.e. State Government Agencies) are required to report back to the funding source(s) of the grant(s) that they administer. The reporting back to funding source(s) is aimed towards the goal of communicating what has been accomplished with the grant funding. For example, the reporting requirements are dictated by Federal Funding Accountability and Transparency Act (FFATA) for most Grant Providers whose funding comes from federal awards. FFATA requires that you disclose details regarding the entities to which you are awarding grant funds to the public via a central website, https://www.fsrs.gov/.
With Federal grants, the entity receiving and then awarding the funds is considered to be the prime awardee by FFATA. The sub grant recipients applying for the grant funding opportunity through the prime awardee are considered the sub-awardees and are responsible for reporting back to the prime awardee.
Grant Recipients who fail to fulfill all reporting requirements run the risk of facing serious consequences up to and including being barred from receipt of future federal funding. If the grant recipient’s system for administering their grant programs is not reliable, the resulting reporting will be just as unreliable. Data integrity is critical in order to produce accurate reporting.
IntelliGrants® IGX proven grant management solution ensures that the grant funding data in our systems is of the highest integrity. Many vendors in the grant space do not take the time to learn their customers’ true reporting needs while configuring their grant system. As a result, grant systems may fail to capture all of the required data elements to satisfy reporting requirements. This is why it is critical to ensure that you are working with a vendor who will guide you through the process and ensure that all required data elements are captured in your grant management system.
We love reporting and so should you! When reporting is done properly, reporting enhances the value that organizations can offer to the community. High value reporting helps grant recipients (Grantees) to identify what they are doing well and where they need to improve. High value reporting helps Grant Providers (Grantors) to ensure that all reporting requirements are fulfilled in addition to ensuring that grant funds are disbursed in the most efficient manner possible.
Give us a call to talk more about Agate Software’s IntelliGrants IGX reporting solution. IntelliGrants IGX reporting module is a great fit for those agencies who prioritize quality, flexibility and value. The ground breaking IGX release of IntelliGrants is designed to be the most flexible grants management solution on the market today with its powerful core allowing agencies to have the system configured to their exact specifications. If your agency would like to see a demonstration of IntelliGrants, contact us at firstname.lastname@example.org or 517-336-2500.
Want to see how IntelliGrants can make your grant management process more efficient? Simply click the button to request a live, web-based demonstration. Agate Software uses live demos to make sure we can answer all your questions as they come up.