Giving You Time to Do Good Better

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Giving You Time to Do Good Better

By: Andy Cummings, Director, Client Solutions

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Utilizing an online system that fully realizes potential time savings can dramatically improve the impact #CSR http://3bl.me/pb75tn
Wednesday, February 17, 2016 - 12:50pm

CAMPAIGN: Getting to Impact

CONTENT: Blog

With CSR programs expanding, many corporate grant managers and foundations are having trouble keeping up with responsiveness and community engagement. From handling a flood of requests to process management and reporting, there is simply not enough hours in the day to keep track of it all with traditional methods. Utilizing an online system that fully realizes potential time savings can dramatically improve the impact of your programs, and provides insight for future strategic direction. 

To begin, an online system includes an objectives/guidelines web page explaining the request process, giving submitters clear direction on how to apply while setting program expectations. This saves you time up front as the quality of submissions you receive is more consistent with your expectations outlined. Online submission also allows you to capture detailed funding request information in a standardized format to facilitate consistent and comparative evaluations. By having all the information in one spot, you can then objectively access requests and automatically file information for retrieval and reporting. With automated initial evaluation you avoid the need to manually process all requests. The next step, auto-decline, provides opportunity to efficiently reply to applicants with email and letter templates, saving you time while improving your brand image.

Many solutions stop here, either auto-declining all requests or manually handling approvals and beyond. This approach proves basic automation and responsiveness, but lacks the benefits of integrated proposal and program management.

Solutions like Versaic also integrate proposal and project management which offers further time-saving benefits. Clients are able to plan the activation of approved proposals and enable fast platform turn-around of management reports. You are able track progress of programs and quickly compile reports based on this data. Your system can be made most efficient by utilizing reports to measure outcomes, and report on impact. In turn, these results can help guide strategic improvements to your program.

It might seem time consuming to implement all this stuff but with the right partner you can start to realize the time savings from the get-go. Versaic has implemented hundreds of these programs and while each one is unique there is a depth of expertise and best practices we can bring to your program. You can save time by leveraging that knowledge for a quick implementation. It’s imperative to make your program as productive as possible as quickly as possible, Versaic typically implements the system within a month and works side by side with clients through the whole process. Once the system is up and running, you are immediately able to educate the market about your community and brand sponsorship requirements.

Gone are the times that an excel spreadsheet and never ending email chains were the only option for request management. It’s time to eliminate ad-hoc spreadsheets, emails & paper proposals and skip unnecessary steps. Bring your vision to life and get the most out of your grant programs with innovative technology.

With Versaic, clients save up to 80% of management time in receiving, profiling and responding to applicants and around 25% of management time in activating planning, analysis, and reporting. To learn more, visit www.versaic.com or call  877-712-9495

Keywords: Innovation & Technology | Diversity & Inclusion | Education | Events, Media & Communications | Innovation & Technology | Philanthropy & Cause Initiatives | Responsible Business & Employee Engagement | Versaic

CAMPAIGN: Getting to Impact

CONTENT: Blog

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