Wednesday, February 4, 2015

The DATA Act Driving Grant Management Automation

The Digital Accountability and Transparency Act enacted in May 2014 calls for making spending data available in open, standardized formats to be published online.  It is a continuation of transparency initiatives and lessons learned with experiences such as grants.gov, the 2009 economic stimulus under the Recovery Act and the spending site USASpending.gov.

Government grantees will have significant new administrative responsibilities.  Many organizations that were tracking grants in spreadsheets or documents will have to adopt more sophisticated automated grant management systems such as Microsoft Grants Manager to keep up with reporting rules.

For profit companies will lose some privacy as a result of this law.  Grant recipients will be required to disclose information including officer salaries.

Continued improvements to publishing grant opportunities such as grants.gov may make it easier to find grants. These reforms together are designed to improve the effectiveness of grant programs and to prevent fraud and abuse in such programs.

Call me at 202-364-8822 x109 or email me at jimt@infostrat.com if you would like to discuss your needs and how we can help.

For more information on grant management and Microsoft Grants Manager Plus, see my posts:

Microsoft Grants Manager Plus Frequently Asked Questions (FAQ)
6 Things to Look for in Grant Management Software
Estimating the Cost of a Microsoft Grants Manager Plus Implementation
Grants Manager Plus: Theme and Variations
Microsoft Grants Manager Plus
Online Resources for Microsoft Grants Manager Plus
Portal Options for Microsoft Grants Manager
Statewide Grant Management Systems

Usage Scenarios for Microsoft Grants Manager

2 comments:

Robert F. Crocker said...

Thank you very much for this informative post.I really enjoyed the article.I hope that other readers will also experience how I feel after reading your article. expense tracking

Richard C. Lambert said...

The DAM systems are easier to categorize as to content and usage since they normally operate in a particular operational context. This would hold true for systems attached to audio or video production systems. Thanks a lot! public defender case management software