Grant funding is often subject to change, especially now that a large portion of the funding comes from municipalities. A precise understanding of which grants are received and when is therefore crucial. The accounting for how grant funds are spent must also be completely transparent.
We have developed a solution that allows you to process grants administratively as soon as they are awarded. You can also process grants separately based on a payment schedule. This allows you to properly account for grant funds on a monthly basis.
By linking these funds directly to the appropriate designated project, you’ll not only have insight into how grant funds are being spent, but you’ll also know exactly when the next payment will be received, based on the payment schedule.