The IT Works University Accounting System Module is a grant and fund accounting system designed to complement an institution’s general ledger, purchasing, and payroll systems. It combines transactions from these existing systems with additional information such as encumbrances of projected personnel and F&A costs, soft encumbrances, and user defined coding systems.
The IT Works Personnel Module is a comprehensive human resources management system. It provides both general and financial information about different types of employees (such as investigators, faculty, staff employees, students, post docs, temporaries, residents, and volunteers) as required for the day-to-day operations of a sponsored programs or departmental business office.
Grant accounting software can make a difference in your grant management operations. The IT Works post-award Grant Accounting Software Solution supplements your institution’s general ledger or ERP system. Teams gain access to superior reporting, maintains budgets and balances for multi-year projects, and calculates and encumbers projected personnel costs. Additional features include the calculation of F&A costs, support for multiple corporate entities, and user defined coding systems for tracking special commitments. Administrators, principal investigators and other key personnel can access power managerial reports via an intuitive, web-based interface.
The IT Works Facility Management and Billing Module is designed for organizations that operate various re-charge centers, core facilities, research service facilities, or charge back centers or other operational units that charge for services provided to research scientists or faculty. The module generates invoices, tracks their payments, and produces reports to aid in the management of the facility. The module is incredibly flexible in its design and supports the operations of a wide range of research facilities.
IT Work’s Space and Asset Inventory module is a state-of-the-art space and equipment tracking system. The Space component tracks information such as room square footage, room ownership by organizational unit and key personnel, room usage, and the equipment located in it. A user defined coding system allows organizations to tailor the system to their individual needs. When used with the grant module, it can compare key personnel based on the amount of their grant funding per square foot of research space.
Online Management is a web-based reporting system for the IT Works Accounting and Personnel Modules. It is extremely easy to use and requires virtually no training. Online Management is designed to deliver our most popular reports to investigators, faculty and research staff without the involvement of administrative accounting staff. Using “drill down” technology, these users can retrieve live information from our solution maintained by central or departmental accounting staff.