Why Manual Grant Tracking Can Impact Outcomes
Briefly

Manual grant tracking relies on paper records and spreadsheets, leading to frequent errors and inefficiencies. This approach complicates data accuracy, especially for UK foundations. Time spent on data entry can overwhelm staff and detract from core objectives. Inaccuracies in data entry compromise funding and can damage relationships with grant providers. Manual tracking hinders visibility of progress and makes it difficult to establish a clear audit trail, negatively impacting trust and hindering opportunities for growth.
Manual tracking relies heavily on paper records and simple spreadsheets, making it prone to errors that create obstacles in grant management. The scattering of information complicates accuracy for foundations.
Updating records by hand is time-consuming, resulting in employee burnout and inaccuracies. As deadlines loom, the resulting stress diverts attention from the organization's core mission.
Inconsistent data entry can jeopardize funding, leading to misunderstandings and loss of goodwill. Small mistakes may have serious repercussions and affect future project financing.
Manual processes waste valuable hours that could be redirected to strategic activities, hindering organizations from maximizing their potential and seizing new opportunities.
Read at Business Matters
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