The grant management software, when designed to meet your particular nonprofit’s needs, could make a difference in keeping the track of due dates, writing as well as the different aspects that comprise the grant lifecycle. This article focuses on the top grant management software available for nonprofits and where you can find this software and the best way you can make use of this software in order to create a grant department an efficient machine.

Check out the most effective grant management strategies to help you manage your nonprofit’s grants easier and more efficient.

Get a grant writer

What exactly is Grant Management Software?

What exactly is software for grant management?

A grant management software program oversees the entire grant application process, from registering the grant application and its results to providing all the information needed for reporting requirements on grants.

Software for managing grants is utilized by grantmakers as well as grantseekers as well as foundations managing grant opportunities as well as those who are seeking the funding themselves. Foundations’ grant management software is designed to manage the grant application process as well as managing funds.

Where can you get Grant management programs?

The software for grant management is service that is provided by contracted suppliers that you can search for and sign up for on the internet. In some cases, the software is accessible at no cost for a certain period of time, based on the specific conditions.

Non-profit organizations are able to purchase the software or opt to subscribe to cloud-based services. A lot of software applications are simple to install, flexible for individual or team use and are able to be integrated into an organization’s existing donor management or CRM system.

If you’re thinking about what grant management can mean to you in general this is a great starting point: Grant Management Process What is it and Best practices.

How We Handle These Grant Management Software?

The most effective grant management software for your organization will be able to help you with all aspects of the grant management process.

We picked 4 of the top well-known choices of grant management software and evaluated them according to their capability to help you with each of the three primary categories of grant management best practices including Award, Application and Account.

In order to assist you with the Accounting, Application and Award aspects, we have some functions that all grant management software should include. Here are a few of the aspects we found to be important to look at to determine the most suitable software:

The most effective place to begin with grant management software that nonprofits can use is to identify internally where you require grant management. Begin with an internal audit, then go through the options available in the next section to determine which will work best for your organization!

The Most Effective Grant Management Software for Nonprofits

Let’s take a look at five of the most well-known grant management tools utilized by nonprofits. Take a look at your pros as well as cons when you consider how they can assist the three major components of grant management that are Application, Award and accounting.

Best Grant Management Software for Nonprofits: Fluxx Grantmaker/Grantseekers
Overview:
Software for grant administration that is cloud-based that’s accessible to grant makers as well as grant seekers.
ApplicationAwardAccounting
Pros:
Excellent to process grants. It simplifies the grantmaking process.
Pros:
You can monitor your funding performance as a grant seeker as well as a grant maker. It has an Google Drive integration so you can upload your award certificates.
Pros:
If you’re an organization that grants money This is a great tool to administer grants. The grant seeker for non-profit organizations will be able to report on the how individual grants are progressing.
Cons:
It doesn’t offer a smart-matching function for non-profits that are prospecting. Don’t give updates to the status of funders as they alter dates for funding priorities.
Cons:
Grantseekers can’t monitor individual projects. So, you’ll only see the general overview of your awards, however, not the individual.
Cons:
The most robust version of the software is “Grantmaker” which is the version designed to review and grant applications and not for non-profits or grant writers who submit applications.
The best software for Grant Management to Nonprofit Organizations: Granthub
Overview:
Grant management online software designed for grant consultants and nonprofits created to increase efficiency and secure grants.
ApplicationAwardAccounting
Pros:
You can save your responses to applications so that it’s easier to track what you’ve completed.
Pros:
Documents to be filed and grouped such as final proposals and grant award letters program results, as well as grant approval forms.
Pros:
Flexible, pre-built reports that assist you and your nonprofit organisation get an up-to-date, most up-to-date information on your grant and grant outcomes.
Cons:
Doesn’t include any real prospecting options. There aren’t any deadline reminders to update. Depends on integrations for all prospecting functions.
Cons:
There’s not much to discuss awards-related features on GrantHub. Its Grant Lifecycle Manager for Community Foundations offers options for award-related tasks, but is an entirely separate application.
Cons:
The interface isn’t particularly user-friendly, which means it can be difficult to use the accounting functions.
Best Grant Management Software for Nonprofits: Grantapplicationwriter.com
Overview:
A collection of grant research tools to help organizations discover possible sources of funding for their projects or programs as well as tools to guide organizations through the grant-seeking process.
ApplicationAwardAccounting
Pros:
It provides a guideline that teaches you the best way to draft proposals and also other tools to help you prospect, like active RFPs and profiles of RFPs.
Pros:
Explore the wealth of guides on the best way to develop a strategies for your non-profit organizationit is an excellent resource for those who are new to the field with questions about infrastructure and needs for training.
Pros:
Take a look at the array of resources online on how to create a plan for your organization. It’s a ideal choice for novices who have concerns about infrastructure or training.
Cons:
Don’t provide foundation profiles nor intelligent matching does not offer smart matching for RFPs and won’t let you to view the prior grant recipients.
Cons:
This tool isn’t one intended to aid in the award process. The features are nil which can help you in the award process, in addition to the tools to train.
Cons:
It’s not a tool intended to aid with the process of awarding. The features are not which specifically assist with the grant accounting process, apart from the tools for training.
The best Software for Grant Management for Nonprofit Organizations: GrantWatch
Overview:
Grant listing directory that includes the latest grants and funding opportunities, awards and archives of grants (that will soon be accessible in the near future) from foundations corporate, federal state, local, and federal funding sources of the government in the USA, U.S. Territories and Canada.
ApplicationAwardAccounting
Pros:
Excellent prospecting in federal grant applications and also for non-profit opportunities.
Pros:
Visit the Resources section for a brief overview of how the grants award process works.
Pros:
Visit the Resources section to get an outline of how the grant accounting process operates.
Cons:
It doesn’t offer a smart-matching function for non-profits that are prospecting. It doesn’t offer updates on funding sources when they modify deadlines or priority for funding.
Cons:
It’s not a tool intended to aid in the award process. The features aren’t which can help you in the award process, beyond the overviews found on the resources section.
Cons:
It’s not a tool intended to aid in the process of accounting. The features aren’t which can help in the accounting of your grants, aside from the training tools.
The best grant management software available for Nonprofit Organizations Instrumentl
Overview:
Instrumentl allows grants discovery, research and tracking into one location. With Instrumentl Development staff can be more efficient and efficient in finding the best grants for their non-profit organizations.
ApplicationAwardAccounting
Pros:
Instrumentl brings foundation and RFP information together, utilizing intelligent tracking and collaboration tools. It hosts over 100,000 foundation profiles and grants recipient profiles. Updates are provided on a regular basis about new opportunities.
Pros:
Instrumentl is a tool that allows you to manage your grant award pipeline. Instrumentl it is possible to manage your grant award pipeline and save all of your award-related documents including notes, together in one place. There are tons of award-related training resources can be found on this blog.
Pros:
Instrumentl provides excellent reporting tools for non-profit organizations to provide the public about progress on grants. You can generate automatically reports on grants based on project. A wealth of accounting-related training resources and more are available in the Instrumentl blog.
Cons:
It isn’t able of saving answers (at this point) from previous applications. Past proposals can be uploaded to Document Library however. Document Library though.
Cons:
Reporting on awards is mostly restricted to task management at the present moment.
Cons:
You’ll need an accounting system of your own for line-by-line tracking of post-award grant administration.

As a nonprofit operating on budget, you’re probably thinking: what are the most effective free software to manage grants for non-profits? And which (if you have any) are worth the cost?

The majority of “free” applications are offering trial periods for advertising, not long-term grant management software alternatives. Trials are free to explore alternatives, but don’t put yourself up for disappointment that you won’t be able to make use of trial versions for free or abbreviated versions for the long run.

There are some plans which offer a free plan, but that’s somewhat of a misnomer in the context of grants management, since the free plans aren’t equipped with all the features you’ll need to manage every aspect of the grant process.

For foundations’ grants management software It is best to use a paid-for service from the beginning because the process can be lengthy when you attempt to utilize manual tools.

For truly no-cost grant administration software specifically for nonprofits, particularly for smaller organizations with the one or two small grants, you can use spreadsheet software and word-editing software such as Microsoft Excel, Microsoft Word, Google Docs and Google Sheets to manage an abundance of data.

For prospecting, utilize an online version for free of Foundation Directory Online and Grants.gov to find out basic information on grants that you may want to apply for.

With a little time, focus and a smart use of templates that are free You can make use of these tools for free to track basic grant management. For free alternatives create separate workspaces for your grant applicants and deadlines calendar the proposals you submit, and your reports. Join them by with hyperlinks, and keep them in a folder that is organized.

You’ll need employees who are able to dedicate time manually making updates to these tools. Also, be aware the versions that are free of software that are offered from Microsoft and Google are not equipped with security features, such as HIPAA compliance when you are handling sensitive data.

But, when you begin expanding your grant department, which is more than one or two small grants, you’re definitely going to need to make the investment in grants management software. If you’ve got the operating revenue of a grant at least 90k It’s time to begin looking for.

Here are some of the reasons you might want to upgrade to HTML0:

  1. The volume of data that must be recorded in grant writing and reporting procedures implies that you will require a large amount of storage space to keep track of years of funding. This is more than what is available with free software.
  2. The process of manually updating your calendar with deadlines becomes very difficult fast once you begin applying for grant opportunities.
  3. The free tools for prospecting offer minimal information, and you must put time in further research to discover all the information you require.

The nature of grants that are competitive implies that you must to keep up with those in your field that are applying from the same sources of funding. If they’re making use of paid tools that enable applicants to submit their proposals more quickly effectively, precisely, and accurately prior to you begin to write your proposal, you’ll be in the back of the pack.

Leave a Reply

Your email address will not be published.