Grants Management
Improve efficiency and fund outcomes with better visibility and data quality
56%
of grant officials say they can’t measure performance[1]
Overview
As grant volumes increase, so do associated planning and administrative costs. Government funding agencies and non-profits are further challenged by fragmented, duplicative grants and subsidy processes. The result is a struggle to efficiently manage funds, measure performance and improve results.
Grants Management solutions provide organizations with increased visibility across the grant lifecycle to drive accountability, introduce efficiency and improve outcomes.
Key benefits
Impact business and achieve better results.
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Improve transparency
Gain end-to-end visibility, from program planning to payment disbursement, with standardized processes.
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Measure impact and outcomes
Unlock intelligence and insight around mission effectiveness to know where dollars are spent, if outcomes were met and how to scale performance.
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Reduce administrative costs
Digitize workflows and management to improve information sharing and insight and reduce duplication, fragmentation and overlap.
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Boost productivity
Streamline grants planning to optimize resource usage and enhance value-add activities, such as financial planning and fund distribution.
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Gain record integrity
Support compliance and governance throughout the grants management process by maintaining a single, auditable source of truth.
Business impacts
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Funding
Government agencies create grants to fund works for the public good. Manual processes and a lack of coordination between teams and agencies leads to missed milestones and unused funds. Leverage performance metrics for accurate and timely funding.
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Grant reporting
Grant recipients must file regular financial and program reports and respond to audit requests. Outdated government collection processes create additional burdens and hinder reporting analysis. Track, administer and manage reporting from one place.
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Grant allocations
Agencies need to disburse grant allocations in a timely manner to ensure recipients receive funds on schedule. Manual, paper-based review processes slow grant activities and risk errors. Automate reviews to efficiently make disbursements.
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Data management
Increasing grant volumes means agencies manage large troves of applicant information. Manual processes and legacy systems can contribute to data leaks and compliance risks. Modernize grants systems to improve data analytics.
Leaders trust OpenText
See how customers are succeeding with Grants Management.
See more success stories
Egypt Ministry of Communications and Information Technology lays foundation for e-government transformation
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The Dutch Ministry of Defence orchestrates all processes in one single integrated platform
Learn moreExplore the components of the solution
Products
OpenText offers a bundled solution to improve Grants Management processes.
- OpenText™ Extended ECM for GovernmentSimplify digital transformation in the Public Sector
- OpenText™ AppWorksAutomate and optimize business processes with a low-code app
Professional Services
OpenText Consulting Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.
- Accelerate the Information Management journeyConsulting Services
- Comprehensive Information Management services and resourcesExplore Professional Services
- Reduce time to value with rapid implementationPackaged Services
Partners
OpenText helps customers find the right solution, the right support and the right outcome.
- OpenText™ RFx Center for Content Suite Platform by CounterpointRFx Center enables organizations to streamline their competitive processes
Grants Management resources
Drive accountability and outcomes for Public Sector grants management
Read the overviewThe anatomy of grants in the public sector
View the infographicHow can we help?
Footnotes
Footnotes
- [1]REI Systems, NGMA and GWU, Annual Survey: Grants Management Results and Analysis, Feb. 2021