Foundant Grant Lifecycle Manager vs. OpenWater

From where I stand, GLM is well-suited for use by small-staffed charitable foundations who make more than thirty (30) grants a year and distribute more than $500,000 in funds to non-profits. The software is able to handle every step in the grant-making process from receipt of a request, to the evaluation and decision regarding the grant, to tracking the pay-out, and to closing the grant when the work or the year is completed.

Incentivized

This software is highly recommended to all schools, institutions and companies that carry out contests and awards, as it will speed up the selection, evaluation, awards and rewards tasks. It allows the entire contest to be done digitally, saving a lot of time and costs.

Incentivized

• Foundant provides a streamlined grants management solution for reasonable cost.
• The company listens to its users, collecting ideas and making improvements. Updates to the software are rolled out several times a year. When something cannot be changed right away, the company gives context and forecasts when the change might be possible.
• While the software is easy to use, it also offers more advanced features (such as merge templates) that allow more customization for the advanced user.

Incentivized

• An omniChannel platform for end-to-end digital event management.
• Easy to use and intuitive user interface which works well for new users as well.
• Best support system which is very responsive for any problems or issues.

Incentivized

• Need a smother process for third party responses. Currently individuals recommending more than one student for scholarships have many emails to deal with to find the correct link to upload the correct student's letter.
• Questions that would filter which applications the applicant would apply for.

• The reporting capabilities can be improved to make analysis easier.
• Customization is a bit difficult and requires help from OpenWater support and the solution team.
• From an administration point of view, the interface and navigation can be simplified.

Incentivized

I have not used other online grantmaking products or evaluated others. I used to use MicroEdge Gifts, but not the online application version. It was a stand alone management system. This is hands-down better, easier to use and a more complete system

• Positive customer service--fairly easy to use for applicants.
• Positive--easy to run reports you have already set up, so [it] saves time.
• Negative--limited question types makes it harder to gather the data we want to track.
• Negative--our budget is more complex than can be tracked in Foundant, so we have to use a separate program.
• Negative--we have to track potential grantee conversations in a separate program.
• Negative--getting data ready to display in a dashboard takes a lot of time to manipulate in Excel.

Incentivized

• Removal of manual efforts in event management leading to low operating cost.
• Optimization and delight to employees lead to increased productivity.
• Ease of use which eliminates training cost and efforts.

Incentivized