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AwardVision Review

AwardVision
Our score: 7.6 User satisfaction: N/A

What is AwardVision?

AwardVision is a complete and advanced award management solution that helps K-12 school boards/districts, public sector organizations, and nonprofits handle grant management processes seriously, accurately, and timely. This integrated and intuitive grant/award management application is crafted by Serenic Software, Inc., an industry-leading publisher of comprehensive and mission-critical financial, business management, and enterprise resource planning software products that satisfy the functions and needs of non-governmental organizations, public sector agencies, and educational institutions.

AwardVision permits organizations to access all critical information in real time throughout the various stages of the grant lifecycle process, covering pre-award processes and closeout activities. They will be able to pull information into one solution such as expenditure data, funder requirements and rules that affect indirect cost calculations; sub-awards, and obligations. Because of this, everyone can access the same information, efficiency is increased, compliance is achieved, and the organization can increase the chances of getting additional awards award extensions.

With AwardVision, users can track their entire grant cycle process from start to finish, eliminating data silos, redundant data entry, and data conflict issues. To ensure that they are able to comply with the requirements and restrictions set by funders, the solution enables them to monitor all financial activities and link them to specific budget account segments. This improves how they manage the grant funds and resources awarded by their funders.

Overview of AwardVision Benefits

Improves Decision-Making

One of the reliable features offered by AwardVision is that it improves how users come up with better decisions as they receive and manage grants from their funders. To improve decision-making, the solution consolidates all pertinent and critical information in one place and makes sure that everyone can easily access them in real time.

Easy And Real-Time Time Access To Grant/Award Information

In a single glance, users can easily and quickly access all the information they need like current expense numbers, pre-award estimates, obligations, funder restrictions, and more. AwardVision can generate expenditure statistics which can be used for comparing actual expenses against estimates, and determining whether there is a need to adjust estimate amounts based on actual expenses.

Eliminate Data Silos

Since AwardVision has the capability to consolidate all information related to grants in one place, data silos are eliminated. Data silos occur when pieces of information are stored in disconnected repositories or sources, making it difficult to exchange information between departments, organizational units, and users.

The solution makes it easy for users to attach supporting documents to grant proposals/applications and awards as well as link documents to the respective funders. They no longer need to use Excel spreadsheets and multiple databases, helping them prevent data conflicts, data reconciliations, and redundant data entries.

Increases Productivity And Efficiency

AwardVision is built to aid organizations and their staff in increasing their productivity and efficiency. It gives them a complete visibility of the entire of grant/award lifecycle process and the ability to perform actions faster. For example, during the stage when they are presenting their proposal and making negotiations with a funder, they can track modifications being made in the estimate.

They can also integrate data related to award estimates into Serenic Software’s budget management tool. Moreover, the solution allows them to perform indirect cost calculations based on funder instructions and restrictions, create sub-awards and track individual sub-awardees, and share award information across companies.

Multicurrency Recording, Viewing, And Reporting  Of Grant Data And Transactions

AwardVision is ideal for organizations that are running multinational operations, making it the preferred grant/award management application of many international non-governmental organizations. Actually, the solution has a feature that enables organizations to record, view, and report grant/award data and transactions in multiple currencies.

Expense Management

Expense management is a very important feature available in AwardVision. This feature permits organizations to ensure that grant funds are used only for the right purposes and activities and at the right time, reducing the instances of overspending or underspending. A component of this feature is the ability to set start and end dates. Here, users can only enter expenses within the time periods when funding is available. Another part of the expense management feature is the capability to link financial activities and transactions to corresponding combinations of budget account segments. This prevents users from generating incorrect or inaccurate invoices.

Overview of AwardVision Features

  • Improve Decision-Making
  • Enjoy Access to Real-Time Information
  • Pre-Award Estimates, Obligations, and Funder Restrictions
  • Eliminate Data Silos
  • Document Storage
  • Quick, Complete, and Intuitive View of The Entire Grant/Award Lifecyle
  • Increase Efficiency
  • Track Multiple Revisions of The Estimate
  • Budget Integration
  • Comply with Funder Instructions and Rules for Indirect Cost Calculation
  • Individual Sub-Awardee Monitoring
  • Create Invoice Rules
  • Share Award Information and Track Award Transactions Across Companies
  • Multi-Currency Recording, Viewing, and Reporting of Grant Data
  • Expense Monitoring
  • Synchronize Expenses with Funding Availability and Account Segments
  • Manage Multi-Year Funding

AwardVision Position In Our Categories

Knowing that companies have distinctive business demands, it is only sensible they steer clear of settling on an all-encompassing, ”best” system. Needless to say, it would be futile to chance on such application even among branded software products.
The clever step to do can be to narrow down the varied key functions that require inspection including key features, costing, skill levels of staff, business size, etc. After which, you must conduct the product research thoroughly. Go over some of these AwardVision evaluations and check out each of the software solutions in your shortlist more closely. Such comprehensive research ascertains you avoid mismatched apps and select the system which delivers all the benefits you require company requires in growing the business.

Position of AwardVision in our main categories:

TOP 50

AwardVision is one of the top 50 Grant Management Software products

If you are interested in AwardVision it might also be beneficial to investigate other subcategories of Grant Management Software collected in our database of SaaS software reviews.

There are popular and widely used applications in each software group. But are they necessarily the best fit for your company’s specific needs? A popular software application may have thousands of users, but does it present what you require? For this reason, do not blindly spend on popular systems. Read at least a few AwardVision Grant Management Software reviews and think about the aspects that you want in the software such as the fees, main features, available integrations etc. Then, shortlist a few systems that fit your needs. Check out the free trials of these apps, read online reviews, get information from the vendor, and do your investigation systematically. This profound groundwork is certain to help you choose the most excellent software application for your company’s special needs.

How Much Does AwardVision Cost?

AwardVision Pricing Plans:

Free Trial

AwardVision offers SMB and enterprise pricing plans that you can avail either through a monthly subscription or perpetual licensing. For more details and to get a quote, please contact Serenic Software, Inc.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We realize that when you make a decision to buy Grant Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and AwardVision reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with AwardVision. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Web-based

Deployment

  • Cloud Hosted
  • On Premise

Language Support

  • English

Pricing Model

  • Monthly payment
  • One-time payment
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are AwardVision pricing details?

AwardVision Pricing Plans:

Free Trial

AwardVision offers SMB and enterprise pricing plans that you can avail either through a monthly subscription or perpetual licensing. For more details and to get a quote, please contact Serenic Software, Inc.

What integrations are available for AwardVision?

AwardVision integrates with other solutions that belong to Serenic Sofware’s Navigator software suite like Accounting and Financial Management and Budget Management. In addition, the solution supports integration with Microsoft Office applications.

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Reviewed By Nestor Gilbert
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