What does a "grants management system" provide?

A grants management system is primarily designed to streamline the processes associated with administering grants. It provides tools for tracking applications, managing compliance, monitoring grant performance, and overseeing reporting requirements. Such systems help grant managers to efficiently handle data related to both current and past grants, ensuring that all relevant documentation is organized and accessible.

While guidelines for grant writing, training sessions for grant recipients, and public relations support may be beneficial aspects of a comprehensive grants program, they do not encapsulate the core functions of a grants management system. The system's main focus is on optimizing the lifecycle management of grants, which includes features for managing timelines, budgeting, and reporting, hence making it indispensable for accurate oversight and compliance.