Delivering sponsored projects on time and on budget is a minimum requirement for the long term success of any institution. Use the following modern best practice to receive answers to critical business questions and take action in real time, utilizing a multi-dimensional model at the heart of the solution to deliver the right information at the right time to optimize your sponsored project results.
Monitor sponsored project health and performance trends; take corrective action to resolve exceptions and optimize sponsored project financial performance.
Perform real-time analysis on all aspects of sponsored project data including cost, revenue, margin, utilization and delivery effectiveness. Facilitate decision-making with analytics in the context of business transactions.
Organize sponsored projects into an enterprise structure to deliver summarized insight for primary investigators, such as aggregated labor demand. Enable ad hoc queries on business performance at all levels of the sponsored project hierarchy.
Evaluate current sponsored projects and approve new work; close existing sponsored projects plus related contracts, incorporating best practices into sponsored project templates and documents.