Revolutionising the Grant Making process with Salesforce
Introduction
Grant making serves as a crucial mechanism for non profit organisations to support initiatives with positive social impact. Nonetheless, the complexities and time-consuming nature of managing the grant process have long been a challenge. Thankfully, Salesforce provides a robust suite of tools and features tailored to streamline and optimise the grant making process.
Centralised Grant Management
Salesforce's all-encompassing platform equips grant makers with a centralised platform to oversee every facet of the grant making journey. From initial application submission to final reporting, all stages can now be efficiently managed and tracked within a single system. This eliminates the cumbersome reliance on manual paperwork and disparate spreadsheets, saving valuable time and ensuring data accuracy.
Efficient Application Process
With Salesforce's customisable online application forms, grant seekers can effortlessly submit their proposals without requiring 3rd party tools such as Form Assembly or JetForm. Salesforce forms can capture specific information and requirements, promoting a standardised and efficient application process. Grant makers can now automate workflows, track application progress, and collaborate seamlessly with reviewers, thereby simplifying the entire procedure and reducing administrative burden.
Enhanced Collaboration and Review
Leveraging Salesforce, grant makers can streamline collaboration among team members and external reviewers. Task assignments, document sharing, and feedback communication are all efficiently managed within the platform. This real-time collaboration fosters efficient communication, ensures transparency, and expedites the review process, ultimately saving time and accelerating funding decisions.
Automated Due Diligence
Due diligence on grant applicants is a pivotal stage in the grant making process. Tasks like background checks, financial analysis, and compliance verification can be streamlined and standardised, ensuring consistency and reducing manual effort. Grant makers can now focus more on evaluating the merit and potential impact of each proposal.