Grantmaking can be a complex and time consuming venture, even for relatively small or mid-sized grantmakers, to say nothing of the foundations paying out grants in the millions or even billions of dollars. Managing the entire process – tracking scores of applications, reviewers, requirements, and payments all simultaneously – takes serious planning, foresight, and a good grants management software solution.
Searching for and implementing a new grants management software solution can be daunting. But don't let that stop you. Here we have tips and hints to get you started on the right track to finding the right solution for your grantmaking organization.
When you decide to take the plunge, remember:
- Technology doesn’t solve all your problems, but it can make your job a heck of a lot easier and you’ll ultimately be able to make a greater impact by implementing smart technology.
- Choose the grants management system that’s right for you based on your requirements, not someone else’s. There is no need for the lengthy 7-year contracts that some vendors like to push. Consider the source of all the information you dig up in your research.
- Take the software for a test drive. Get a feel for it. It should look nice and be easy to use.
- Talk to other foundations using the software to get a feel for how it has helped them and what the implementation process is like.
This is just a start. Click here for the complete Buyer's Guide to Grants Management Software to learn the ins and outs of grants management solutions, and get a deeper understanding of how to find the the tool that's going to work best for your needs.
We've also created a handy-dandy Checklist to keep by your side every step of the way in your search. Set goals for your transition, keep track of exactly which features you need your tool to have, and keep in mind how the new system can help you grow into the future. This Checklist will help you keep your eyes on the prize and not lose sight of your overarching mission: to make the world better every day. Now, let’s get to it!