Grants Management

Promesa has specific expertise in, grants management and disbursement services. We can provide services in all aspects of the process or specific areas where improvements and/or stabilization is needed.  We can also assist in the selection and implementation of a grant management software application to automate and facilitate the process.

High Level Grant Management Process

A list of services we provide to support the grant management business process include:  

• Improving control over the grant obligation, liquidation and expenditure processes

• Achieving efficient and effective business and financial processes throughout grant operations

• Driving a focused return to fiscal integrity and ensure compliance with applicable regulations;

• Permitting funds to be spent only for allowable costs;

• Establishing or tweaking your existing enterprise wide financial system of record to be used as the basis for facilitating the successful performance of a financial audit;

• Establishing and implementing policies and procedures to go ensure consistency and compliance;

• Ensure assets purchased with grant funds are properly received, tagged, scanned, delivered and managed;

• Conduct monthly inventory audits.

• Prepare monthly bank reconciliation;

• Prepare various performance management reports measuring cost, quality and cycle time of key performance indicators;

• Provide change management, training and capacity building services as necessary with business process improvements and/or new system implementation