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EMERGING TECHNOLOGY, GOVERNMENT FINANCE

Govgrants® Chosen to Manage the Treasury Department's Grants Program

REI Systems | January 31, 2023 | Read time : 02:10 min

Govgrants® Chosen to Manage the Treasury Department's Grants Program

On January 30, 2023, REI Systems announced that it would deploy GovGrants®, a full-lifecycle grants management SaaS product, for the US Department of Treasury IAF (Inter-American Foundation). IAF works with entrepreneurs, innovators, and local leaders in underserved Caribbean and Latin America areas to help them build more peaceful, prosperous, and democratic communities. Since 1972, the foundation has provided nearly 5,000 grants totaling more than $680 million.

The IAF sought to reinvent its grants management approach with an extensive cloud-hosted product, with assistance from the Grants Management QSMO (Quality Services Management Office). GovGrants® was chosen because it is a highly secure, role-based, and accessible grants management system that adheres to the Federal Integrated Business Framework (FIBF). Furthermore, it provided the multilingual capability that IAF required to support its grantees. The system includes many native features, such as powerful dashboards and reporting built on Tableau, financial system integrations, and various CRM-type features.

GovGrants® is a customizable product built on Salesforce's cloud platform that is FedRAMP-certified, making it dependable, secure, and simple for internal and external stakeholders to use. In addition, the solution is currently listed on the GSA MAS Information Technology contract, ensuring easy procurement and deployment as a software-as-a-service solution by any federal agency.

Wagish Bhartiya, REI's Chief Growth Officer, shared, "REI Systems has been a leading provider of grant systems across government for more than 20 years. As the grants market evolves, we are excited to evolve with it. There are numerous agencies seeking pre-built, turn-key capabilities that can be easily tailored to fit their business needs. That's why we built GovGrants as a COTS product. We are thrilled to be serving IAF's mission of advancing democracy by supporting community-led development with a modern technology solution."

(Source – PR Newswire)

About REI Systems

Headquartered in Sterling (Virginia), and founded in 1989, REI Systems provides innovative technology solutions that empower people. The company's 700 problem-solving consultants and technologists are committed to updating technology for the government to help achieve its goals. It serves customers in national security, science and technology, healthcare, and government operations in the federal, state, local, and nonprofit sectors. REI Systems delivers domain expertise and optimum technologies through flexible execution and a dedication to customer service.

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