STERLING, Va., July 16,
2024 /PRNewswire/ -- REI Systems, a technology
service provider with a 35 year history of
delivering reliable, effective, and innovative solutions that
advance government, today launched GovGrants® 3.0.
GovGrants 3.0 is the newest version of REI's full-lifecycle
grants management product. It provides key upgrades to enhance the
user experience, extend its data analytics modules, and offers
greater operational efficiencies through improved automated
workflows.
REI's GovGrants is a cloud-hosted, Software-as-a-Service (SaaS)
Commercial Off-The-Shelf (COTS) product that manages the entire
grants lifecycle both pre- and post-award for grant makers and
grant recipients. GovGrants supports every stage of a grant
program, providing an effective and comprehensive management tool
for applicants, recipients, program managers, grant managers, and
executives. Built on the Salesforce™ platform, GovGrants enables
easy integration with various third-party systems including
financial management systems and supports competitive, directed,
and formula-based funding opportunities. The new version of the
product improves upon its extensibility. As an enterprise-level
system, GovGrants 3.0 allows for program-specific
configuration to meet specific needs without requiring custom
code
GovGrants® 3.0 includes several key upgrades such as enhanced
user experience capabilities for both the grant maker and
recipients thereby shortening the user adoption curve and reducing
the need for extensive product training. It also offers better
interfaces with third-party systems including Grants.gov and
financial management systems to reduce the need for manual data
entry and the possiblity of data corruption over time. GovGrants
3.0 provides new and advanced data / predictive analytics that
maximize data insight and productivity that grant managers can
apply to funding decisions as well as post-award support of
grantees. In the coming months, GovGrants 3.0 will also
include key artificial intelligence capabilities such as a chatbot
for user support, automated grant application scoring, and
performance risk management forecasts post-award.
Through these upgrades and the continued innovations, GovGrants®
further solidified its status the leading grants management
solution for government. So far this year, GovGrants has achieved
FedRAMP Compliance as well as The Department of Health and Human
Services Grants Quality Service Management Office (QSMO)
recommendation for inclusion in its grants marketplace.
"GovGrants® stands out in the market by offering unmatched
breadth and depth in an out-of-the-box solution. As the only full
end-to-end product recommended by the Grants QSMO, GovGrants can be
deployed in weeks as opposed to months or years. That matters to
our agency partners. They are able to see value faster and at a
lower total cost of ownership. With over 30 years of experience in
grants management, we are proud to continually evolve and deliver
innovative solutions to support federal government missions.
GovGrants 3.0 is only the most recent manifestation of this
commitment." stated Wagish Bhartiya, Chief Growth Officer at
REI Systems.
About GovGrants
GovGrants is a configurable full life cycle grants
management solution built on Salesforce's FedRAMP-certified
cloud platform making it reliable, secure, and easy to use for both
internal and external stakeholders. GovGrants®
is currently listed on the GSA MAS Information Technology
contract, making it available to any federal agency
to quickly procure and deploy as a SaaS solution. Fully
automated and task-driven, GovGrants meets the broader shift toward
configuration-focused, productized solutions that provide a
cost-efficient alternative to traditional, custom-built software.
It is aligned with the Federal Integrated Business Framework (FIBF)
for Grants Management (GRM) and integrates with a variety of
different systems including financial enterprise resource planning
(ERP) systems, SAM.gov, and Grants.gov. Learn more
at REIsystems.com.
About REI Systems
REI Systems provides reliable, effective, and innovative
technology solutions that advance government missions. Our
technologists and consultants are passionate about solving complex
challenges that impact millions of lives. We take a Mindful
Modernization® approach in delivering our application
modernization, grants management systems, case management systems,
government data analytics, and advisory services. Mindful
Modernization is the REI Way of delivering mission impact by
aligning our government customers' strategic objectives to
measurable outcomes through people, processes, and technology. For
more information, please visit: www.REIsystems.com.
Media Contact
REI@w2comm.com
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SOURCE REI Systems