
Government Grants Management
by Ignyte
Description
Grants are a vital investment for the federal government to fund programs and initiatives that benefit society. Grants are also the number one method for government spending overall, making the total addressable market for grants solutions immense. In Fiscal Year 2022, federal awarding agencies awarded $1.13 trillion in grants and cooperative agreements across 51 awarding agencies, distributed over 1,000 programs, to over 1 million applicants and recipients, with the demand for funding increasing annually by 3%.
Agencies have historically relied on custom solutions to meet this demand, resulting in an expansive and aging ecosystem. While there are some tools on the market, many have limited interoperability with manual and sub-optimal processes, leading to a fragmented user experience and increased administrative burden for applicants, recipients, and agencies. Additionally, most systems do not span the entire grants lifecycle, comply with security/FedRAMP requirements, or adapt to evolving needs of the grants landscape.
This solution has a proven track record of success with existing past performance, license sales, and production deployments to the state of West Virginia, as well as a growing pipeline with more than 10 active opportunities worth over $2M in ACV as of this submission.
Features
This solution delivers the breadth and depth of functionality to meet the most stringent agency requirements, government standards and regulations. Key Features include:
End-to-end Grants Management to improve visibility and automation of Grants Process spanning Pre and Post Award.
Automatic Budget Creation for Grantees by leveraging Intelligent Document Processing (IDP) to extract key details from scanned or uploaded award letters and user-configurable templates to save grant administrators’ valuable time.
User configurable business rules to automatically score applications, route approvals, and approve expenses.
Rich and Engaging UI/UX leveraging the full power of Appian Total Experience. This solution provides an intuitive guided experience and minimizes training requirements. It is mobile ready for grant applicants, recipients, and reviewers that may be on-the-go or in the field, and offers an Appian Portal that can support thousands of online users to enable large scale open application periods or support direct engagement with the constituents served by a grant (for instance rural residents seeking broadband access).
This solution is easily tailorable, extendable, and future proof because we focused our design on OOTB reusable objects of the new Appian Design Library.
Applies the Power of Appian Data Fabric to enable seamless Integration with Financial Systems, Grants.gov and SAM.gov to Find new opportunities, automatically log new transactions, allocate budgets, and reconcile spending.
Robust Reporting & Monitoring provide comprehensive records and audit trails of Grants ensure accountability of actions and enable better communication between parties.
Flexible, standards-based Model to Support to Multiple Grant Domains and provide value across industries including: Education, Broadband, Transportation, Healthcare, Human Services, and more.
Release notes
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