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The Future of Funding: Nonprofit Grant Management Software Trends

Nonprofit Tech for Good

As a nonprofit organization, securing funding is essential to fulfilling your mission and driving meaningful change in your community. However, managing grants efficiently and effectively can often be a daunting task, requiring meticulous attention to detail, rigorous compliance measures, and streamlined processes.

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Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

sgEngage

To meet those requirements, you’ll need to be able to successfully track and manage your grants and effectively report on how you allocated these funds. If you are a grant-funded organization, it will be important to manage spending restrictions and meet reporting requirements. Tracking: Cut Out the Spreadsheets!

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5 Strategic Steps To Mastering The Grants Process

The NonProfit Times

By Shavonn Richardson, MBA, GPC There’s nothing quick about the grants process. Diversifying funding sources, including fundraising, in-kind donations, individual contributions, volunteers, and event sponsorships, is crucial for financial resilience. 5: Demonstrating a Track Record is Crucial. First, there must be strategy.

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How to Streamline Your Grant Management Process with Technology

sgEngage

Receiving requests for funding can be both a crucial and frustrating part of being a grantmaking organization. You want applications from organizations that align to your mission, but the frequency of the requests can easily bog down your processes if you aren’t careful. And what is the workflow once an application is received?

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How to Get Leadership Buy-in for Streamlining Your Grantee Application

sgEngage

As a grants manager, you know how important it is to have a clear and efficient grantee application process. Getting your leadership on board with streamlining your grantee application may require some planning. This will help you identify areas that need improvement and the benefits of streamlining your application.

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10 Tips for Better Grant Management Processes

sgEngage

While grant funding may not require the continual stewardship efforts and nurturing of traditional donor-led funding, it often presents its own challenges: extensive reporting mandates, a list of requirements to qualify for funding, and the possibility of mission creep to meet those requirements. Focus on the why. Seek clarity.

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Best Practices for a Stress-Free Fund Accounting System Implementation

sgEngage

You are done with juggling multiple spreadsheets just to track your restricted funds. You are finished with manual approval processes for expenses. You’ve made the decision to switch to a modern fund accounting system. Before getting into the details of rolling out new fund accounting software, focus on the big picture.

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