On average, a single grant application takes between 80 and 200 hours to complete. The efforts and time spent, however, don’t guarantee success. Only about 37% of grant applications are approved, while the average notification time is approximately six months.
If you want to trim both costs and time, you should consider grant management software. This tool comes with smart forms, custom review processes, and workflow automation. It limits human errors, improves efficiency, and speeds up the entire application process.
Read further to discover the best solutions for grant management, their core features, and a comprehensive buying guide.