6 Reasons for Using Lifecycle Management Software

Technological solutions make our lives easier. It assists and enables us to focus on the most important aspects of what we do. Grant management software does exactly that.

The role software plays in lifecycle management is growing. With technology developing rapidly and circumstances changing continuously, it’s effect can be increasingly beneficial. Lifecycle management software will assist you, make business processes easier, more efficient and transparent while enabling you to really focus on the impact you are making on the community.

Tactiv’s years of experience and design iterations with Enquire has proven to deliver: a streamlined online system to manage the full funding lifecycle, complete with contract management and impact reporting to make better decisions and show your impact with ease.

How exactly will the Enquire solution improve your lifecycle management?

1. Reduce administration and save time

Lifecycle management software streamlines the process of managing applications, assessments, funding and measuring impact. It will reduce time and effort spent on managing tasks that are repetitive and that can be automated. It de-clutters your day and this leaves more time to focus on the things that matter: generating positive community outcomes.

2. Increase transparency

Working with cloud-based software to manage the funding lifecycle and contracts allows all information and communication to be stored in one place. This increases transparency and creates one source of truth, enabling everyone to look at the same information also increases efficiency and reduces errors.

3. Increase efficiency

Workflows and automations can be applied, which helps you stay on track. They will remind you, your team and external stakeholders of important tasks and milestones. This streamlined approach means everyone is informed and there is less room for errors, double handling or things slipping through the cracks.

4. Collaboration

Enquire’s communication capabilities allow for high level interaction between funders and beneficiaries. This enhances collaboration, which enables an integrated approach to develop and execute strategies to make the desired impact. Comments and notes features within the Enquire software provide an excellent platform for internal collaboration.

5. Evaluate and measure impact

By storing all information, data and communication in one transparent and efficient system, visibility on the relationship between actions and outcomes increase. Enquire’s advanced reporting capability makes it easy to generate customised reports and interpret information. This enables you to focus on community outcomes with the ability to continuously adjust the process to improve overtime.

6. Make better decisions

An organised process, with one source of truth and all related processes integrated, leads to clean data. With easy access to customised reports, you can review the exact information you are interested in. This leads to the foundation of your processes being reliable and continuously optimisable. This allows you to make informed decisions which in turn leads to better outcomes.

Want to put these six reasons to the test?

How about a free tour of Enquire, the leading lifecycle management software for social impact organisations?

Or book a demo and see how much better your lifecycle management can be today.

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