By Andy Cummings
If you have a flood of incoming grant requests, you need a solution that makes it as simple as possible to collect the right information, route requests through the organization for approval and payment, and report on your program results. Still, more than 75 percent of foundation executives don’t fully understand the benefits of technology, according to the Grants Managers Network (GMN) and Technology Affinity Group’s (TAG) 2014 Grantmakers Information Technology Survey Report.
What is holding them back? Like any habit or process you have become accustomed to, the change of adopting a new system or technology with perceived complexity can cause hesitation.
At my company, Versaic, we understand this fear of change. We have worked with hundreds of companies, from small to Fortune 500 and across a spectrum of industries, developing a wealth of best practices and insights. Let us debunk the following fear-inducing myths about grants-management systems:
Before selecting a grants-management system, make sure there is a dedicated client-service team behind the software at no additional cost. This allows for ongoing product improvement based on your feedback, which saves you time and money.
Research what the software provider's current clients say about their implementation experience. What we hear from Versaic clients is that they care about making their teams as productive as possible, as quickly as possible. Thus, the Versaic system is typically implemented from start to finish within about a month. That’s no different if you’re switching over from another vendor (in fact, in most cases it is much quicker).
So there you have it. There is no reason to fear an online grants-management system that works the way you work. In fact, an online system allows you to better align your grants program with the mission of your organization and engage more effectively with your community and stakeholders in a way that is accessible, transparent and responsive. In turn, you are able to make better philanthropic investment decisions and gain insights about your impact on the community.
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Andy Cummings has been with Versaic since 2003 and has been instrumental in building Versaic’s leadership position in the sponsorship and philanthropy markets. Over the years, through his extensive knowledge of Versaic’s product architecture and thousands of conversations with clients, Andy has built a solid understanding of how the Versaic platform can be adapted to create the most relevant applications and client solutions.You can reach out to Versaic via Twitter (@Versaic) and Instagram.
To learn more about how Versaic's software can help your corporation gain insights, save time, and build your brand email firstname.lastname@example.org or call 877-712-9495.