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Average Ratings 0 Ratings
Description
Delivers comprehensive financial analysis through reports like Operating Statements, Balance Sheets, and Trial Balances in various formats, including Current Year, Comparative, Monthly, and Annual Trend, organized by different hierarchies. It provides departmental account holders with targeted financial insights to address inquiries such as “What is my expenditure?” and “What budget remains?”, while enabling users to delve into specific transaction details. Additionally, it presents in-depth financial data by Fund for each grant, encompassing multi-year funding, the actual expenditures, and any commitments associated with the grant. The system is designed to enhance business processes, allowing for streamlined departmental operations and improved information flow, which facilitates quicker decision-making through electronic approval processes. You can count on a dedicated customer support team that genuinely listens to your needs, ensuring you fully capitalize on your investment in FAST. To further ease your workload, Millennium will handle the installation, maintenance, and upgrades of FAST, significantly reducing the maintenance burden on your IT department. This comprehensive approach not only optimizes performance but also fosters a more efficient financial management environment.
Description
The Grant Manager is frequently utilized as a supplementary accounting tool. Similar to how a person maintains a checkbook registry to periodically reconcile their balance with bank statements, university departments also maintain their own "checkbook registers" to ensure that their accounts are accurately managed by the central accounting division of their institution. However, the intricacies involved in university accounting make it significantly more challenging compared to reconciling a personal checking account, resulting in numerous potential errors within the central accounting department. For instance, discrepancies in overhead and fringe calculations can occur on specific transactions, incorrect accounts might be charged for certain salaries or purchases, and credits or transfers may not reach their intended destinations. The Grant Manager offers both accountants and Principal Investigators an immediate, real-time, and precise overview of expenditures, transfers, credits, and account balances associated with a specific account or grant, thereby enhancing financial oversight. This tool ultimately aids in reducing the likelihood of errors and ensures more reliable financial management within the complex university accounting landscape.
API Access
Has API
API Access
Has API
Integrations
Microsoft Excel
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Millennium
Country
United States
Website
www.mcsl.com
Vendor Details
Company Name
Northern Lights Software
Founded
1992
Country
United States
Website
www.northernlightssoftware.com/grantmanager
Product Features
Financial Reporting
"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Product Features
Grant Management
Compliance Management
Contract Management
Grant Application Management
Grant Award Tracking
Grant Opportunity Search
Self-Registration