Appian Introduces Grants Portfolio Management Solution to Provide Unprecedented Control of the Process Lifecycle; Web-based Solution Enables Government Agencies to Automate, Monitor and Manage the End-to-End Grants Process.VIENNA, Va. -- Appian, the leading provider of human-centric business process management suites (BPMS (Business Process Management Suite or System) See BPM. ), today announced the availability of its Grants Portfolio Management solution designed to give government agencies a single point of access for comprehensive visibility and control of the grants lifecycle. Government agencies can now leverage Appian's web-based, process-driven solution to better define and measure performance goals, automate the exchange of funding, budget, and expense information, validate applicant-reported performance measurement, and deliver better end-to-end tracking of grant applications. Government agencies that process grants face significant challenges in managing the end-to-end process with limited resources. Processing grant applications, monitoring recipients, and disbursing funds are costly and people-intensive. In addition, agencies are under continued pressure to justify the expense and show tangible return on investment to secure additional funding. With resources focused on individual grants, agencies often lack the ability to define performance standards and track measurable results across various programs. These challenges are compounded by the fact that most agencies rely on multiple disparate systems to support the various stages of the grants lifecycle. Appian's Grants Portfolio Management solution provides agencies with a unified system to automate, track and measure their grant information. Built on the award-winning Appian Enterprise BPM suite See BPM. platform, Appian's Grants Portfolio Management solution provides process automation for all pre-award, award, and post-award activities throughout the grants lifecycle. It also complements Appian's Government Sourcing Process Management solution, which is currently in use at several government agencies and quasi-government organizations including the U.S. Marine Corps, the U.S. Army, the Securities and Exchange Commission, the World Bank, and others. Appian's standards-based architecture facilitates easy integration with grants.gov, FPDS-NG FPDS-NG Federal Procurement Data System - Next Generation , FedBizOpps, CCR 1. CCR - condition code register. 2. CCR - (Database) concurrency control and recovery. and financial systems. If necessary, agencies can rapidly configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. Appian's pre-built grants process templates and define business rules to support unique agency requirements. Appian's flexible, extensible Grants Portfolio Management solution provides: --Real-Time Performance Measurement. Provides detailed dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. views of all grant programs, including key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. based on grant type and user-defined criteria. --Single, Integrated Grants Environment. Integrates seamlessly to existing portfolio management functionality used by grant-making agencies. The solution integrates with JFMIP-compliant financial systems to make fund drawdown Drawdown The peak to trough decline during a specific record period of an investment or fund. It is usually quoted as the percentage between the peak to the trough. Notes: requests, obligate obligate /ob·li·gate/ (ob´li-gat) pertaining to or characterized by the ability to survive only in a particular environment or to assume only a particular role, as an obligate anaerobe. or de-obligate funds, track current balance and conduct other financial transactions. --Rules-Based Exception Handling. Supports flexible, adaptable scenarios where users may pre-set conditions or events that automatically trigger exception processes. --Advanced Analytics. Generates reports for spend analysis, budget tracking, invoice processing, performance measurement, contract compliance, and other configurable reports. --Grant Application Tracking and Data Repository See repository. . Tracks the status of grant applications, views associated documents and searches for grants information. --Optional Remote Video Conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. . Enables peer review meetings to be held remotely in a secure and accessible environment though advanced collaborative tools that include video, sound and document whiteboarding. "With limited resources and aggressive deadlines, government agencies are finding it more difficult to effectively manage and monitor the entire end-to-end grants process," said Kevin Spurway, Vice President of Marketing at Appian. "With Appian's BPM suite at its core, Appian's Grants Portfolio Management solution stands apart from traditional software offerings because it is a single, unified solution that delivers comprehensive visibility into the entire grants lifecycle. With its process-centric approach, Appian's solution enables agencies to make better informed award recommendations, and effectively measure the grant programs in line with government standards." Appian's Grants Portfolio Management solution is a component of Appian's Government Process Management (GPM GPM - General Purpose Macro-generator ) Suite. This suite is comprised of government-specific solutions focused on driving improvements in productivity and work quality by automating complex government processes, and providing real-time access to critical information and applications. About Appian Appian is the first business process management (BPM) company to deliver advanced process, knowledge, and analytics functionality in a fully integrated suite. Fortune 500 companies, government agencies, and non-governmental organizations “NGO” redirects here. For other uses, see NGO (disambiguation). A non-governmental organization (NGO) is a legally constituted organization created by private persons or organizations with no participation or representation of any government. are deploying Appian's award-winning software, Appian Enterprise, to drive continuous process improvements and build next-generation, composite process solutions. For more information, visit www.appian.com. |
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