A lot has changed in the grant management software landscape in the last few years. We’ve seen new entrants, more established products add features, and a race to the bottom on pricing.
If you’re like most nonprofit leaders, you wear a lot of hats. You’re responsible for fundraising, managing programs, developing strategy, and much more. It’s a lot to handle, and there’s only so many hours in the day. So how can you make the most of your time and resources? The answer is grant management software.
With grant management software, you can streamline the process of applying for grants and managing your relationships with funders. The right software will save you time and help you secure the funding you need to support your mission. Here’s a closer look at three ways grant management software can benefit your nonprofit.
Time Savings
One of the biggest advantages of using this type of software is that it can save you a considerable amount of time. Rather than manually searching for grant opportunities and filling out lengthy applications, you can use software to quickly identify relevant funding opportunities and complete applications with ease.
In addition, ongoing tasks like report writing and funder communications can also be automated with grant management software, freeing up even more of your time.
Improved Accuracy
Another benefit of using this software is that it can help improve the accuracy of your submissions. With so many details involved in applying for grants, it’s easy to make a mistake.
But with this software, you can avoid errors by automatically populating forms with accurate data from your database. This not only saves you time, but it also helps increase your chances of being awarded funding.
Centralize data from multiple sources into one place so that it’s easily accessible when you need it. This includes contact information for funders, deadlines, progress reports, and more.
When everything is stored in one central location, you’ll never have to waste time hunting down lost files or trying to remember where you put something.
Top Grant Management Software
Submittable
Submittable is a cloud-based software solution tailored for grant management. It streamlines the submission and review process, making it an effortless and efficient experience for both applicants and review teams.
The platform is user-friendly, ensuring a smooth workflow for users at every step.
One of the standout features of Submittable is its seamless integration with various third-party applications. This compatibility enhances its utility, making it an adaptable choice for a range of organizations seeking a versatile and comprehensive grant management solution.
Submittable simplifies the complexity of managing a grant program. It supports you in efficiently collecting, reviewing, and analyzing the performance of your grant initiatives.
By handling the entire grant process from inception to completion, it ensures a cohesive and organized approach.
Key Features:
- Customizable Grant Application Collection: Utilize Submittable’s intuitive form builder to create bespoke forms. This feature allows organizations to gather precise and relevant information from applicants, tailored to their specific needs.
- Streamlined Review Process: The platform facilitates a collaborative environment for reviewers. It centralizes all application materials and communications, ensuring that the review process is both efficient and comprehensive.
- Effective Funds Management: Make informed funding decisions and maintain budget control with Submittable’s Funds Distribution capabilities. This feature simplifies the process of allocating and disbursing payments to grant recipients.
- Advanced Reporting Tools: Submittable offers sophisticated reporting capabilities. Organizations can analyze data in-depth, create visually engaging graphs, and produce detailed reports. These tools are invaluable for demonstrating the success of grant programs and communicating results to stakeholders.
Pricing: You will need to contact Submitable to discuss pricing.
In summary, Submittable provides a holistic solution for grant management, offering a suite of tools designed to optimize every stage of the grant process, from application collection to funds distribution and reporting.
Blackbaud Grant Management Software
Blackbaud Grant Management Software offers a comprehensive solution designed to tackle the intricate challenges of maintaining effective and impactful grant funding relationships. The technology is tailored for both grantmaking and grant-seeking entities, ensuring a synergistic approach to managing grants.
The platform has versatile accessibility, allowing users to access crucial grant management information from virtually anywhere. Whether you are on a site visit, attending a board meeting, or working remotely from home, the software provides the needed flexibility and convenience.
One of the key strengths of Blackbaud’s software is its integration capabilities.
It is an open grantmaking platform that seamlessly connects with other business solutions.
This integration, combined with the intuitive user interface consistent with Blackbaud’s suite of nonprofit software tools, simplifies the onboarding process across various departments within an organization.
Key Features:
- Effortless Grant Application: The software streamlines the grant application process, making it more accessible and manageable for users.
- Comprehensive Financial Tracking and Compliance: It provides robust tools for tracking financials and ensuring compliance with grant requirements, thereby simplifying financial management and oversight.
- Streamlined Grantmaking Lifecycle Management: From application to awarding and beyond, the software ensures a smooth and efficient management of the entire grantmaking life cycle.
- Optimization of Corporate Grantmaking and CSR Efforts: Blackbaud’s software is especially beneficial for corporate entities, enhancing their ability to maximize their grantmaking impact and Corporate Social Responsibility (CSR) initiatives.
Pricing: You will need to contact Blackbaud to discuss pricing.
In summary, Blackbaud Grant Management Software is a multifaceted tool that not only simplifies the complex processes involved in grant management but also enhances the overall effectiveness and impact of grantmaking and grant-seeking activities.
Good Grants
Good Grants offers cutting-edge grants management software designed to foster excellent grant outcomes, perfectly tailored for organizations of any size. The platform is driven by the belief that your efforts are instrumental in driving positive change in the world, and Good Grants aims to contribute to your success.
This solution is accessible, providing high-end features without an exorbitant price tag.
Key Features:
- Efficient Grantmaking Tools: Good Grants equips you with all the necessary tools to streamline your grantmaking processes. These features are designed to save time and facilitate informed grant decisions, enhancing the overall efficiency of your grantmaking activities.
- Scholarship Management: The platform offers an exceptional experience for applicants. With powerful decision-making tools, it enables organizations to manage scholarships effectively, all in one convenient online location.
- Corporate Giving Simplified: Good Grants helps align your organization with causes that resonate with your values. The software is designed to save time and resources, empowering your organization to drive genuine, positive change in the world.
- Comprehensive and Flexible Configuration: The software provides a wide range of configuration options to suit the specific needs of your organization, ensuring flexibility and customization in your grant management approach.
- Streamlined Application Management: Good Grants simplifies the application management process, making it easy and efficient for both applicants and grant managers.
- Innovative Decision-Making Tools: The platform offers unique tools that aid in making objective and impactful decisions, enhancing the quality and effectiveness of your grant allocation.
- Robust Post-Grant Reporting: Good Grants includes features for thorough post-grant reporting, allowing organizations to track and analyze the impact of their grants, ensuring transparency and accountability in the grantmaking process.
Good Grants Pricing:
Good Grants offers three pricing tiers for their grant management software: Intro, Premium, and Enterprise. The Intro and Premium plans have both annual and monthly payment options.
The annual Intro plan costs $3,200 USD, while the monthly option is $400 USD.
The annual Premium plan is priced at $6,400 USD, and its monthly counterpart costs $800 USD.
The Enterprise plan, tailored for more extensive needs, requires a custom quote.
All plans feature unlimited users and applications, with varying levels of features and tools according to the chosen tier. For more detailed pricing information, please visit Good Grants’ pricing page.
In conclusion, Good Grant’s software is not just a tool for managing grants; it’s a comprehensive solution that enhances every aspect of grant management, from application to decision-making, and reporting, ensuring that your organization can maximize its impact in making a positive change.
Fluxx
Fluxx is a versatile web-based grant management solution, ideal for organizations seeking an integrated, feature-rich platform. It streamlines the entire grantmaking process, offering advanced features like workflow automation and data analytics.
Its comprehensive toolset includes collaboration aids, budgeting, forecasting, a centralized hub for grantees, and extensive reporting capabilities.
Key Features:
- Reporting & Analytics: This feature allows for in-depth analysis and visualization of data, making it easier to understand trends and measure the impact of grants.
- Reviewer and Translator Portals: These portals facilitate the review process by providing specific interfaces for reviewers and translators, ensuring efficient and accurate grant evaluation in multiple languages.
- Multi-Currency and Multi-Language: Fluxx supports various currencies and languages, accommodating global operations and diverse applicant pools.
- Universal Search: A powerful search tool that enables users to quickly find any data within the system, enhancing efficiency and user experience.
- Conflict of Interest Management: This feature helps in identifying and managing potential conflicts of interest, ensuring the integrity of the grantmaking process.
- Strategic Initiatives: Tools for managing and tracking strategic initiatives, helping organizations align their grantmaking activities with their broader goals and objectives.
Pricing: You will need to contact Fluxx to discuss pricing.
Each of these features is designed to streamline the grantmaking process, making it more efficient, transparent, and aligned with organizational strategies.
Amplifund
AmpliFund is designed to streamline your grant management process, focusing on efficient distribution and monitoring of grant performance. It offers budget-friendly solutions tailored to your organization’s needs.
With AmpliFund, you can easily oversee performance requirements and enhance the effectiveness of funding utilization through comprehensive data analysis.
The platform significantly reduces administrative workload through automation and standardization, freeing up time to focus on your organization’s core mission and initiatives.
Key Features:
- Control of Grant Applications: AmpliFund automates the grant application process, saving significant administrative time. This standardization ensures fairness and equality in the application process, allowing you to select applicants that best align with your mission.
- Customizable Review Process: The software allows for the compilation of applicant scoring reports in various formats. This feature enables both internal and external reviewers to focus on key information, aiding in selecting the most suitable recipients.
- Visibility into ROI of Funds: Once grants are awarded, AmpliFund provides detailed tracking and reporting features. These tools enable both you and the grantee to monitor the effectiveness of the grant funds, ensuring they are optimally used towards achieving collective missions.
Pricing: You will need to contact AmpliFund to discuss pricing.
Foundant
Foundant’s Grant Lifecycle Manager (GLM) is a robust grant management software that enhances productivity by reducing manual data entry. It offers reliable and easily accessible data, essential for making informed decisions.
This web-based solution is accessible across major web browsers and is designed for user configurability, giving you control over your grant process workflow.
Key Features:
- Create and Manage Grant Applications: This feature streamlines the creation and management of grant applications, offering an organized and efficient approach.
- Online Access for Reviewers: Reviewers are given online access to applications, facilitating a more flexible and interactive review process.
- Automated Email Reminders: The software sends automatic reminders for grant agreements and follow-ups, ensuring timely communication and adherence to deadlines.
- Measure, Report, and Analyze Impact: Foundant GLM provides tools to effectively measure, report, and analyze the impact of grants, aiding in strategic decision-making and demonstrating the effectiveness of grant programs.
WizeHive
Zengine by WizeHive is a top-rated grant management platform that enhances your organization’s impact through its comprehensive and configurable system. It adeptly manages the entire grantmaking cycle, from initial program setup to intricate post-award reporting.
Zengine’s robust features and flexibility make it an ideal tool for a variety of grant management needs, streamlining the process and improving efficiency.
This powerful platform is tailored to handle the diverse and complex tasks involved in grant management, simplifying workflows and ensuring effective grant administration.
Key Features:
- Flexible Application Collection: Customizable forms and workflows for online application submission, ensuring a smooth process for applicants.
- Branded Reviewer Portal: Simplifies the reviewing process with a user-friendly interface for reviewers to assess and score applications.
- Centralized Administration Dashboard: Manages all administrative processes from a single customizable dashboard with easy data management.
- Integrated CRM for Communication: Allows communication with all stakeholders within the platform, maintaining all contacts in one place.
- Powerful Integration Options: Offers integration with over 2000 systems, enhancing capabilities without replacing existing tools.
- Full Lifecycle Management Portal: Provides grantees a comprehensive portal for all post-award activities, linking information to their file for impact calculation.
There are a lot of demands on nonprofit leaders these days. But with the help of grant making software, you can streamline the process of applying for grants and managing your relationships with funders.
The right software will save you time and help you secure the funding you need to support your mission.
