TeraGrants(tm) is an intuitive grants and loans management system within the TeraSuite(tm) product line.
TeraGrants provides for full grants and loans management capabilities – all within the centralized database (with inputted grants/loans/IDIS data using TeraReceiver) to provide for the following functionality areas:
- Research and Planning Management
- Communications and Reporting Management
- Submission and Performance Management
- Central security administration for managing role-based permissions and user log-in credentials to supplement MS Active Directory (if used)
TeraGrants is a highly reflexive system, designed to be completely configurable to meeting changing County, State, and Federal loans regulation guidelines. TeraGrants also records relationships and, with analytical “viewing” windows, enables users to plan the full lifecycle of receiving, administrating, and distributing grants.
TeraGrants can be configured to run reports on any assortment of data parameters needed, such as configurations to provide reports by year, type, cost, payee, etc.
TeraGrants comes with proactive “planning” management functionality that allows agency users to receive email alerts on upcoming grant opportunities and create an internal relationship knowledge center.
Link opportunities with timelines and access real-time results that can be integrated into budgets to create projections and forecasts.
Communications management expands on planning management by providing the ability for agency users to regulate and monitor internal communications between users and external communications with grantees or loan recipients.
As a COTS solutions, TeraGrants comes with standard report types such as:
- Grantee Budget Status
- Grantee Payments Tracking
- Schedule of Deliverables
- Technical Support
- Project Summary Report
- Monthly Updates
Grantee records can be updated with dates and saved emails/documentation as well to eliminate gaps in the grants/loans management process that could impede grant distribution and increase agency overhead costs.
Users can then view reports, distribute them electronically, link them to a business object, or export them into an MS Excel format.