Today, grant and research administrators operate in a complex financial and regulatory environment. To address this complexity, they implement various management strategies that meet the unique needs of their organizations. While the directive for these strategies typically comes through central accounting or an office of sponsored programs, the actual management is often decentralized.
At IT Works, we understand the need for differing strategies and our focus is the development and implementation of grant management solutions for both centralized and decentralized management settings.
Centralized Management by Sponsored Programs Offices
IT Works provides grant management software solutions for offices of sponsored programs at:
- Primarily Undergraduate Institutions (PUIs),
- Colleges and Small to Mid-sized Universities,
- Independent Research Institutes, and
- Research Hospitals
Regardless of the size of their sponsored funding portfolio, grant administrators face similar requirements for compliance, effort reporting, budget and project management, etc. IT Works provides modular, scalable solutions with flexible technology and pricing to satisfy these requirements for even the most budget conscious institutions. Our solutions offer the necessary control demanded by central administration and ease of use for faculty and key personnel. Modules from College AdministratorTM and Research AdministratorTM as well as Effort AdministratorTM are the primary products designed for these institutions.
“When I first looked at the system, it was exactly what we were looking for. And then the price just made it more attractive.” – Matthew D. Katz, MHA
Decentralized Management at Large Research Intensive Universities
IT Works grant management systems are designed for administrators at large research intensive universities that oversee the financial and project management activities in:
- Colleges, and
Administrators in these units aid in the financial and personnel management for principal investigators and research faculty that have teams funded by multiple research, training, and/or program project grants as well as other institutional funds. The management of these funds often necessitates reports not produced by their institutions general ledger or ERP solution and requires the projection of salaries and benefits across multiple budget periods and fiscal years. IT Works grant management and accounting software solutions are designed to meet these needs plus monitor gaps in grant funding, research space allocations, requirements for re-charge centers, and more. Modules from Department ManagerTM and College AdministratorTM are the primary products designed for these administrators.
“Its’ a more advanced level of department management. Reports generated by these administrative financial planning systems provide the tools I need to track history, analyze the current climate, project and identify future needs, and develop long-range plans. I expected increased efficiency in department operations, but the feeling of self-esteem and team building among employees now managing their own day-to-day operations has been a major bonus!“ – Annie Schilling, Basic Sciences Department Administrator