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Oracle Modern Best Practice—Grant Award Funding
- Overview
- Project Opportunity
- Project Methodology
- Resource Analysis
- Task Detail
- Project Costs
- Billing Revenue
- Grant Award Funding
Grant Award Funding to Closeout
Allow management to have complete visibility into all aspects of your awards. Manage the complete pre- and post-award process, from funding to closeout. Oracle Fusion Grants Management also provides an integrated platform for managing the financial aspects of each award, while complying with your sponsors and internal control, billing, and reporting requirements. Use the following modern best practice as your standardization to receive awards and fund budgeted projects, allocate costs, manage billing and performance, submit financial reports, and close awards.
Mobile. Analytics. Social.Receive Award and Fund Projects
Create awards from templates or via integration with a proposal system. Allocate funding to all eligible projects based on award period across all devices.
Mobile. Analytics. Social.Manage Award and Budget
Collaborate in-context on awards and projects. Apply budget by category and award period. Prevent overspend with an interactive funding matrix for cost control.
Mobile. Analytics.Allocate Direct and Indirect Costs
Calculate, apply, adjust, account, and invoice direct and indirect costs at institution-, department-, or award-specific rates.
Mobile. Analytics. Social.Manage Billing and Drawdown
Invoice sponsors in their desired format, use the SF270 form, or bill through a letter of credit.
Mobile. Analytics. Social.Monitor Award Performance
Visualize current spending status and drill into funding, budget, commitment, expenditure details, and related conversations using a dashboard on any device.
Mobile. Analytics. Social.Submit Technical and Financial Reports
Comply with the billing and reporting requirements from sponsors and internal control via flexible reporting systems.
Mobile. Analytics. Social.Close Award
Review award and sponsored project-related activities, analytics, documents, and conversations to ensure completeness and compliance.