Best Awards Management Software 2025

What is Awards Management Software

Awards management software manages the awards process for scholarships, grants, and employee recognition awards. Products offer features that can build any type of rewards programs, such as those for artistic and programming competitions or chamber of commerce business awards.

It provides a centralized platform for the submission, review, judging, awarding, communication, and reporting of scholarship and grant applications. The software matches student data with corresponding scholarship opportunities.

Awards management software customizes employee awards to align with a company’s goals and to match an organization’s culture and branding. It supports a variety of award options, points, travel, gift cards, event tickets, and swag.

Businesses, schools, and non-profits use awards management software to streamline the awards process, save time, reduce errors, and find the most qualified applicants or employees.

Awards Management Software overlaps with Submission Management Software, Scholarship Management Software, Grant Management Software, and Employee Recognition Software.

Awards management software benefits:

• Automate the application process
• Streamline the review and granting of awards
• Save time
• Reduce errors
• Find the most qualified applicants
• Reduce employee turnover
• Improve engagement and performance

Awards Management Software Features

Awards management software includes these features:

• Applicant management
• Applicant portal
• Submission with customized forms for scholarship, fellowship, and grant applications
• Matching of applicants to opportunities
• Data integration with student or employee data
• Interview management
• Review management
• Reviewer assignments
• Collaboration
• Judging
• Supports blind judging
• Facilitates application comparisons
• Determines award eligibility
• Scoring
• Awarding of scholarships, fellowships, grants, and employee recognition awards
• Communicating and reporting of awards
• Awards catalog supporting a variety of awards
• White label customization to reflect company culture and brand

Awards Management Software Comparison

Consider the following when purchasing awards management software:

Use Case: Awards management software can serve a variety of purposes. Some products are best suited for specific uses such as scholarship and grant awards or employee recognition awards. Other products are generic, and their tools can build any type of rewards program.

Pricing Information

Pricing depends on the offered features, the number of supported scholarships or grants, or the number of installations. The cost can range from $100 a month to over $1,000 a month for employee awards management software. Basic scholarship and grant awards management software pricing starts at $100 per scholarship, going up to over $200 a month for products with more comprehensive features.