Now that the end of the fiscal year crunch is upon us, GrantSolutions experts have pulled together a few tips that will help make grant managers lives a little more sane.
Challenge: Getting all awards out the door on time.
GrantInsider Tip: Use Business Intelligence dashboards to easily monitor status and quickly catch actions that are falling behind.
Our experts highlight two specific dashboards that can help a lot:
- Use the New and NCC Award Tracking Dashboard to track awards from start to finish. Quickly see which applications still need decisions.
- Use the Awards Processing Duration Dashboard to see every pending award in one place, sorted by type and workflow, regardless of status so none are missed in the rush of business.
Challenge: Acting on all those post-award amendment requests.
GrantInsider Tip: Use the Pending Amendment Report by Fiscal Year and Grant Program Workbook Dashboard to see all post-award amendments started or received during the fiscal year that haven’t yet been awarded.
Challenge: Getting those time-consuming pre-award risk assessments done faster and better.
GrantInsider Tip: Use Recipient Insight to gather the information you need quickly so you can focus your attention on any risks associated with the award.
Just enter the recipient’s name or identifier number and click and the information you need to assess risk will be immediately available (i.e., information on compliance, audit findings, payment history, non-profit staffing and salaries, and more). The information is presented in an easy-to-read format with key information affecting risk highlighted for your attention.
Challenge: Completing all those once-a-year, end-of-year actions.
GrantInsider Tip: Access GrantSolutions “Quick Sheets” as a quick review and reference for some of the most common year-end duties.
Note: GrantSolutions users must be logged-in to view these Quick Sheets.
Changing a Posted Funding Opportunity Announcement Quick Sheet
Returning a Directed Supplement or Competitive Application Quick Sheet
Returning Non-Competing Continuation Applications Quick Sheet
Challenge: How to ease next year’s year-end crunch.
GrantInsider Tip: Take advantage of nearly one hundred available Business Intelligence Dashboards to make sure as much workload as possible is processed earlier in the year.
Use BI dashboards to identify bottlenecks, backlogs and other factors that can push work into the last quarter that can be completed earlier.
