The American Recovery and Reinvestment Act (ARRA) raised the bar for transparency and accountability in the use of public funds. This new and unprecedented level of regulation and oversight has caused a number of grant management challenges and “pain points” for organizations that do not have a strategy for implementing the required business processes and supporting technical infrastructure. The ARRA Grant-Life Cycle Management Solution from eCivis® provides an easy to deploy, learn, and use web-based solution for automating the ARRA-related business processes for grant tracking, reporting, and compliance.
Grant Organizations' ARRA Compliance Challenges
Failure to achieve ARRA compliance in any of these areas may result in lost awards, delayed reimbursements and financial penalties.
- Visibility: The recipients and uses of all funds are to be transparent to the public, and the public benefits of these funds are to be reported clearly, accurately, and in a timely manner.
- Accountability: Funds are to be used for authorized purposes only.
- Efficiency: Funds are to be awarded and distributed in a prompt, fair and reasonable manner. Project execution practices are to avoid project risks including unnecessary delays, cost overruns, and resulting negative public perception.
- Results: Program goals are to be achieved, including a maximizing return on funds by re-focusing success metrics on program performance and outcomes (such as job creation and retention) and not program output.
eCivis' ARRA Grant-Lifecycle Management Solution
eCivis' ARRA Grant-Lifecycle Management Solution, ARRA Compliance, is a functionality of eCivis' Grants Network: Tracking & ReportingSM product that enables users to automate and simplify their reporting and compliance process to the Federal government. Below are key features and benefits organizations will experience with Grants Network: Tracking & Reporting ARRA Compliance functionality:
Key Features & Benefits of eCivis for ARRA
Real-Time Dashboards and Reports:
- Provides program visibility that is up-to-date and is easy to digest and share on ARRA grant and project scorecards
- Ensures reliable tracking and reporting to enable accountability and alignment of grant activity relative to stimulus program priorities
- Streamlines ARRA reporting compliance with several prepared reports while providing ad hoc reporting when more flexibility is required
End-to-End Grants Life Cycle Workflow:
- Drives efficiency through a centralized administration and bird's eye view of activity from research to results
- Saves time, money, and frustration associated with manual processing of uncoordinated cross-departmental tasks that can result in delays and cost overruns
- Integrates a simple document management system to manage all of the “paperwork” workflow related to ARRA grants
Ease of Deployment and Use – ARRA and Beyond:
- Ensures a secure 100% web/browser-based system where all data and services are accessed centrally over the Internet, and as a result, are available on-demand, from anywhere at any time
- Requires no software to install; all your organization needs is a standard web browser to be up and running immediately with little or no implementation costs
- Upgrades are transparent and seamless and result in zero end-user downtime
