The Solution That Takes Grant Management
As Seriously As You Do
Grant management is serious business. To streamline the entire process, you need
serious software. That’s why Serenic AwardVision gives you a complete solution from
pre-award through closure – all in one application. It is completely integrated with
your financials, allowing you to pull the latest expense numbers and provide the rules
defined by the funder for indirect cost calculations. And, when using AwardVision Plus,
you can ensure compliance with each funder’s individual restrictions for their particular
grant. AwardVision blends easily into your existing grant management processes
while increasing your chances of receiving additional awards and award extensions in
the future.
AwardVision works hard from the start. Its intuitive design ensures your team hits the
ground running, requiring minimal transition time. You get an integrated, transparent
solution that puts your entire organization on the same page; one that gives everyone
in every department real-time access to the same financial and program information.
Equally important, it gives you a unique combination of tools that enable your organization
to demonstrate proper, professional accountability and effective use of the
awarded resources.
AwardVision Makes It Easy To Track And Manage All Funding
Successful grant management doesn’t have to be that hard. AwardVision will make
your grant management easier start to finish. It’s a comprehensive solution that will:
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Improve decision making — Enjoy access to real-time information —
expenses, subawards, obligations — all presented in easy-to-understand
displays.
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Increase efficiency — Productivity goes up since information silos are
eliminated; everyone has access to the same information, reducing “back and
forth” communications that waste too much time.
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Streamline processes — Get a comprehensive picture, start to finish, of your
entire process and eliminate redundant and potentially conflicting data issues.
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Automate, simplify grant compliance — Access data in the format you
need as often as you need.
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Provide user-defined multicurrency viewing — Use AwardVision Plus to
view and report grant data in different currencies, depending on your
multinational operational needs.
How Does AwardVision Do All This? See for Yourself.
Q:
How can AwardVision help improve your organization’s decision making?
A:
That’s easy. AwardVision gives you real-time access to the information you need in
a form that’s easy to understand. For example, you can view totals for award
estimates, obligations and the estimate amounts by line item – all in a single
glance. Then if you want, you can use the Expenditure Statistics display to assess
whether you should shift estimate amounts based upon actual expenses. With
AwardVision Plus, you can drill down on restrictions to review the available balance
of the obligation.
Q:
How can AwardVision eliminate information silos?
A:
You now have one central location for all information related to your grants,
including the latest terms, conditions and milestones. It’s easy to attach
supporting documents to proposals, awards and funders. No more email strings to
track down, no more sticky notes to gather, and no more folders to search through!
Information silos are eliminated, along with the time often required to reconcile
redundant and conflicting spreadsheets and databases. Everyone’s on the same
page throughout the entire process!
Q:
In what ways can AwardVision add more hours to your day and more funds to your mission?
A:
It gives you a quick, complete, intuitive view of the entire process, enabling you
to monitor the status of any award and make changes at any stage. It offers you
the ability to:
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Track multiple revisions of the estimate during proposal negotiation.
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Post the award estimate amounts to the budget system.
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Comply with funder instructions related to calculating indirect costs.
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Create invoice rules to generate and post sales invoices in the receivables system.
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With AwardVision Plus, you can even create subawards for individual sub recipient monitoring.
Q:
How does AwardVision automatically synchronize expenses with funding availability and budget account segments?
A:
AwardVision utilizes start/end dates to control expense entry; ensuring expenses
are limited to periods with available funding. The AwardVision Plus Restriction
feature allows you to link all relevant financial activity to a particular combination
of account segments. This automatically prevents a user from entering an invoice
incorrectly. These features greatly enhance the efficiency of your processes.
Q:
How can AwardVision Plus help manage multi-year funding when the funder only
commits to provide a portion of the total award at any one time?
A:
When creating an award from a proposal, you can fully obligate funding. With
AwardVision Plus, you can choose to either incrementally or fully obligate
funding.
Q:
How does AwardVision Plus manage an award that is granted in a different currency?
A:
It records and displays transactions for estimates, obligations and subawards in
three different currencies:
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Your organization’s primary currency
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The award-specific currency
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An additional reporting currency specified by the organization
The functionality also allows you to specify a fourth currency code in the detail
transaction line when building your award budget.
With AwardVision Plus, Additional Functionality Allows You To:
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Manage or ensure funder restriction compliance for grants by linking all
relevant financial activity to a particular segment.
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View and report grant data in different currencies.
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Enter transactions in four currencies – including local currency and the award currency.
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Create and manage internal and external subaward recipients.
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Choose to incrementally vs. fully obligate funding.
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Drill-down on restrictions to review balances on obligations.
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Attach supporting documents to subawards.
Learn How AwardVision Can Make Your Job Easier Today
Successful grant management doesn’t have to be that hard. AwardVision can start
making your job easier and give your organization the edge today.
To learn more, call 877-737-3642 or email us at serenicmarketing@serenic.com.