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In the world of research, funding is primarily driven by research grants that are issued by various non-profits or federal agencies. Medical research, science laboratories, engineering and science institutes, and universities all receive funding similarly.  The institution typically applies for a grant and is then awarded or denied the grant based on the merits of its proposal and their reputation.

The process of applying and tracking these grants, the many details, legal agreements, approvals and so on,  requires heavy documentation and constant communication amongst colleagues, is very time consuming and manual.  Workflow management is a perfect solution to streamline these processes.

It can start with automating the process of initiating the grant application, organizing the flow of information and documents between the various people involved and ensuring the deadlines are met through notifications and reminders.  In addition, business process management can provide visibility into the status of every grant and its corresponding approvals, streamline the process of receiving legal sign offs and help finalize details of receiving the awards.

With business process management the process becomes clear, accountability increases through visibility of all steps in the process, award rates increase and funds are received much faster.

Romeo Elias

Written by Romeo Elias

Romeo Elias is the President and Chief Executive Officer (CEO) of Intellect, an award winning leader in the SaaS enterprise software industry with a focus on enterprise Quality Management Software and Business Process Management (BPM). Romeo is a visionary executive, thought leader and advocate for business friendly software that requires No Programming and empowers everyone to innovate. Romeo has overseen Intellect's growth from its founding in 2000 to a high growth software company with hundreds of happy customers. Romeo is a patented inventor, entrepreneur advisor, and board member of Intellect. Prior to Intellect, Romeo worked in the consumer electronics space, overseeing the engineering design and development of handheld electronics, and previously was the founder of a web development firm. He received his BS in Mechanical Engineering from the University of California, San Diego and MS in Manufacturing Engineering from UCLA.