New York, NY, Sept. 21, 2011 (GLOBE NEWSWIRE) -- MicroEdge, LLC, the leading provider of solutions for the giving community worldwide, today released a major innovation to the company’s line of GIFTS and GIFTS Online grants management systems. These groundbreaking advancements provide grantmaking organizations with more strategic, efficient and collaborative ways to manage their funding due to dramatic improvements in the usability, data management and reporting, and information sharing capabilities of its grants management solutions.
Significant efficiency gains
In many foundations, grants staff can be overloaded by the sheer volume of workflow tasks coupled with ongoing requests from other team members for grant-related information and reports. A new usability model makes every step of the grantmaking process easier and dramatically reduces the time it takes to perform routine administration. To understand the impact of this improved usability model MicroEdge brought in Hobson & Company, a cost and efficiency research firm, to conduct an efficiency test program with more than a dozen occasional and power users of MicroEdge’s grants management systems. The results were significant, as Hobson concluded that a typical organization can save almost 25 hours per month--time that can otherwise be spent on more strategic initiatives.
Better insight into grantmaking
In recent years, funders have been placing an increased emphasis on measuring the effectiveness of their giving. As a result, the ongoing monitoring and management of grants data has become critically important. New capabilities make it easier to obtain a clear picture of an organization’s progress against its mission. Enhanced dashboards and intuitive reporting make it easier to visualize results and identify opportunities to improve outcomes.
Improved collaboration throughout the organization
Effective collaboration empowers an organization to make informed decisions. Through the latest improvements, an intuitive interface connects more users into the grantmaking process and provides infrequent users, such as executives, board members and program staff with the information they need, proactively delivered just the way they need it. This enables team members to devote more of their energy and expertise to advancing the organization’s mission, and creating more opportunities to collectively advance the foundation’s mission.
"These latest developments are the direct result of the collective feedback of thousands of users who harness the power of GIFTS on a daily basis but continue to look for new ways to streamline their operations and open their grantmaking to more stakeholders," says Preston McKenzie, CEO of MicroEdge. "We’re pushing forward extremely hard to support our clients’ ability to drive important change in the world, and this latest achievement embodies our ongoing commitment and significant investment into improving the way foundations and other funders make that change through their grantmaking."
Availability and Information
The capabilities mentioned in this announcement and more are available in several MicroEdge products, GIFTS Alta and GIFTS Online. There are a number of cost-effective ways to obtain these capabilities, and MicroEdge account representatives are available to help existing and potential clients determine the path that best meets their organization’s needs. Contact MicroEdge at 800.899.0890 (option 1) or contact the local area MicroEdge representative directly. A directory listing of account representatives can be found by clicking here.
About MicroEdge
Established in 1985, MicroEdge, LLC is the leading provider of software and services to the giving community worldwide. MicroEdge solutions deliver a powerful, integrated, and open framework for efficient and effective charitable giving. The company is committed to providing the best technology toolset for foundations, corporations, government agencies, donors, advisors and financial institutions. Together, these tools help organizations to work with one another to raise, invest, manage and award charitable currency. MicroEdge is headquartered in New York City with regional offices throughout the U.S. and supports thousands of clients worldwide. MicroEdge is part of the Vista Equity Partners portfolio of software and technology-enabled companies. To learn more about Vista Equity Partners, visit www.vistaequitypartners.com. To learn more about MicroEdge, visit www.microedge.com.
Media Contact:
Kathy Krais
800.899.0890 ext. 3966
kkrais@microedge.com
MicroEdge is a trademark and/or service mark of MicroEdge, LLC. All other company names or marks mentioned herein are those of their respective owners.
Copyright © 2011, MicroEdge, LLC
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