Economic Recovery Funds Bankrupting Your Financial System?
The American Recovery & Reinvestment Act of 2009 is funneling an unprecedented
amount of stimulus money into the economy. But tracking these funds requires an
unprecedented level of transparency on spending, oversight and fiscal
accountability. Does your financial system provide the tools you need to:
- Prevent charging of ineligible expenses to restricted funds?
- Ensure compliance with procurement rules and processes?
- Easily align your spending and performance reports with different stakeholders?
- Create and track stimulus budgets and expenses separately?
View this on-demand webcast to see for yourself how easy it can be
to meet these responsibilities, as well as the related reporting requirements,
including:
- The amount of ARRA funds obligated and expended to projects or activities
- Complete adherence to expenditure rules
- A detailed list of expenditures by funding source, projects and activities
- The amount of obligated fund balances by award or contract, with the ability to track modifications
- The ability to track and control sub-award activity
The Serenic Navigator procurement system, together with our fully-integrated
AwardVision grant management system, offers the perfect solution for nonprofit
and public sector organizations to ensure every penny brings maximum benefit
to the people and causes you serve.