Simplify Your Grant Management Process With Grant Management System
Grant management plays a very important role in institutions like university and colleges as it has a direct impact on the research and quality of the institutions. Universities and colleges require funds to carry out various researches and administrative functions and this funds are made available by the government and private entities in the form of grants. To manage this grants properly one needs to know all the rules and regulations. With private funders, the regulations and requirements can be adequately handled through good business and accounting practices. But it's different with governments grants especially federal grants. Uniform guidance offered by the U.S. Office of Management and Budget along with agency-specific and program specific requirements, requires that someone with the organization needs to develop an understanding of rules and regulations. While it's true knowing how to navigate the red tape is necessary, there is much more to grant management. ...