Amplifund: The Key Players in Grant Management Centralization
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The Key Players in Grant Management Centralization The role of grants coordinator is crucial in the Central Grants Office because this individual will essentially be running the office by leading the push for standards, transparency, and compliance around grants. This role will own all grants-related tasks and activities, both in and out of the Office, and will ensure everyone involved is effectively collaborating and communicating. 2. Grants Accountant To achieve full centralization, there needs to be communication and transparency between the Finance Office and the Central Grants Office. Consider including the grant accountant in the Central Grants Office to facilitate this interaction. This person will also work on financial reports. 3. An expert on ERP and Data To truly centralize grant management processes, all vital data points need to be connected. That is why an expert on Enterprise Resource Planning (ERP) and data should sit in the Central Grants Office so they can provide key leadership on existing financial tracking and integrations. 4. Representatives from the key grant making agencies Organizations need people in the Central Grants Office who can speak to current funding patterns, values, and risk – representatives from key grant making agencies. 5. Representative from political or executive leadership Despite how critical it is, an organization can only achieve centralization, as is the case with most big organizational pushes, if there is buy-in and expertise from leadership. Therefore, a representative from political or executive leadership who can advocate for and expedite initiatives is needed in the Central Grants Office. After team members have agreed to play a role in the Central Grants Office, it’s time to begin centralization practices. To start off on the right foot, the Grants Coordinator should consider it priority number one to develop and disseminate a set of grant management standards to your organization. |