Manage Grants proactively, ensure accountability to sponsors, while maintaining control over project and funding success

Manage funding and budgets with pinpoint accuracy with our Grant Management Addon

The Korcomptenz Grant Management addon with Microsoft Dynamics 365 Business Central offers capabilities designed to help non-profits like charities, churches, arts organisations, membership organisations, and associations adhere to regulations and controls, while managing grants, and budgets proactively, and reducing the paperwork and administrative overhead for business processes. The Grant Management addon life cycle includes prospecting, grant administration and execution, calculating indirect cost rates, revenue recognition, and reports for the status of awards, performance KPIs and monitoring and evaluation of targets. Our KOR Grant Management addon helps to manage multiple budgets across grant life cycles, prevents overspending, accurately tracks cost for the entire life cycle of a grant with a centralized, easy to access information.
Keep summary of detailed grant ID information at your fingertips and deliver up-to-date grant status information with variance reports that span multiple fiscal periods. Our Grant Management addon is in-built within Dynamics NAV and Microsoft Dynamics 365 Business Central.

We implement a tailored made solutions specific to your business needs

Free your organization and your people from the limitations of multiple, disconnected solutions

Implement Microsoft Dynamics 365 Business Central, Grant Management addon and Analytics.

Free your organization and your people from the limitations of multiple, disconnected solutions

Implement Microsoft Dynamics 365 Business Central, Grant Management addon and Analytics.

Microsoft Dynamics 365 Business Central & Grant Management Addon Features and Functionability

Unlocking financial benefits while improving operation control

Microsoft Dynamics 365 Business Central offers integrated capabilities for Financial management, Project Management, Business Analytics and now not for profit organisations can take advantage of Business Central with our industry-specific solution of Grant Management Addon that offers the following benefits.

Grant Development

Track and manage all grant proposals in progress including tracking status, deadlines, key participants working on proposal development and estimates of project costs.

Grant Administration and Execution

Track all awarded grants and contract and record revisions.

Indirect Cost Rates

Indirect Cost rates will be calculated with multiple options available in the system.

Revenue Recognition

The Grant Management addon from Korcomptenz enables you to adopt the various methods in the system when performance obligations are satisfied.

Report generation

Performance of individual grant based on compliance with grant management documents deadlines can be generated within the Grant Management addon.

Advances and Accountabilities

The system gives ability to record funds disbursed in advance to staff and partners/subgrantees for project activities implementation. After spending the funds, automatic accountability can be initiated in the system for advanced funds to record actual expenses to appropriate accounts, projects, donors, and any other relevant cost centres.

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