Accurately Tracking Grant Costs: An Essential Part of Grant Accounting and Management

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In a previous post we talked about accurately tracking grant costs, an essential part of the grant accounting and management process. Today we consider further essentials of grant management, and how they impact those research organizations looking for grant funding. Grant Essentials – Direct and Indirect Costs The Office of Management and Read More

Essentials of Grant Management:  In Consideration of Allowable Costs and Compliance

Graphs charts for Allowable Tracking

Due to the ever-changing face of regulations and policies affecting research-focused universities, hospitals and other institutions, it can be challenging to adequately handle the essentials of grant management.  For most institutions, the essentials of grant management are made up of many considerations. An area of note is staying current with Read More

Monitoring Salary Coverage for Research Teams

Young Businessman Salary Monitoring

Monitoring salary coverage is a crucial part of managing individual faculty, scientists, and research teams at research intensive institutions.  Salary coverage monitoring is a process used in verifying availability of current and future funding which supports individuals of a research intensive enterprise.  Today we start a three part series on Read More

The Seven Habits of a Highly Effective Office of Sponsored Research

Effective Office Collaboration

It’s a challenging time for research-focused universities and colleges looking to support their research efforts with sponsored funding. It’s an environment that makes it tough to be an effective office of sponsored research. Some of the more significant reasons for these challenges are regulatory requirements related to funding sources, plus the Read More

Continuous Improvement: Evaluating Grant Proposal Submission Success Rates

Examination paper on the office desk.

In our previous blog post we discussed the need for monitoring grant submission success rates. It is a key part of the routine evaluation of the financial health of a research-intensive institution. We also identified the process of creating reports used for this purpose. Monitoring is an important part of the evaluation process for Read More

Monitoring Grant Submission Success Rates for Evaluation and Improvement

IT Works Inc Sample Success Rate Report

Monitoring grant submission success rates is an important component of the review and evaluation of research intensive organizations, their faculty, research scientists, and administrative teams. Review results help identify individuals that need training with writing skills and the application process; areas of research and funding agencies to Read More

The Importance of the Timely Delivery of Grant Accounting Reports

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I am frequently reminded of the importance of timely delivery of grant accounting reports when speaking with faculty at large, research intensive universities.  The comments often occur during sales demonstrations when displaying and discussing the format of our grant accounting reports.  At this point, I hear a variety of comments regarding how Read More

The Grant Life Cycle: Can You Improve Post Award Grants Management?

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Our post today looks at the post award grants management phase of the grant life cycle. We continue from a previous post that looked at pre-award efforts such as searching for funding, developing proposals and working with internal teams on grant applications. As we noted, institutions face distinct responsibilities and requirements throughout Read More

Key Resources for Effective Grants Management

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Effective grants management is critical to keep the flow of research funding in support of today’s leading research institutions. Since IT Works serves the nation’s leading research-focused universities, colleges and hospitals, we are always on the lookout for informative, timely and helpful grant management resources. To that end, the Grants Read More