Imagine two grantmaking organizations, A and B. They each need to buy software to manage their contact relationships, operations, and finances, but they go about it very differently. Grantmaker A buys a technology suite from a single vendor, and uses it for everything. Grantmaker B, on the other hand, buys a specific solution for each function from different vendors, and then integrates them all.
Both approaches can be successfully implemented if done right, but organizations of all sizes are increasingly adopting the “best-of-breed” model in order to maximize their productivity and impact. With best-of-breed, you select the best solutions to solve each of your organization’s functional challenges and integrate them together where needed.
The upside to the best-of-breed approach is clear enough. That is, its intent is to leverage the best technologies to manage each functional need with the idea that if you’re using the best, you get the best results. Of course, in practice that isn’t always the case. There are a million and one cases of organizations that have cobbled together multiple technologies only to end up with a Frankenstein-looking tech stack where technologies can’t fit together well because there’s incongruent flow of data between the various technologies.
Going into our second year of the global COVID-19 pandemic, most of us have adjusted to working remotely. Admittedly, there are some things that are more difficult to manage virtually, but executing agreements shouldn’t be one of them.
Tools like DocuSign’s eSignature solution have been pivotal in helping organizations manage activities that are traditionally managed offline like agreements and contracts. It’s just one of the dozens of apps on the SmartSimple Marketplace that can be added to any SmartSimple Platform3 system to extend functionality, so that you can manage even more of your operation from place. There’s PayPal and Stripe for online payments, Salesforce for CRM, or Microsoft Dynamics GP for Accounting to name just a few.
Read on to see how one financial institution automated their e-signature workflow with SmartSimple Marketplace’s DocuSign eSignature app to not only meet urgent funding needs in their community, but also accelerate their operational efficiency.
Managing grantee requirements, vetting organizations, and evaluating each grant recipient against watch list scans are some of the highest priorities in the grantmaking process. Yet, it’s often a bogged down, manual process that not only takes too much time. SmartSimple's Platform3 includes built-in integrations that can automate your scanning requirements against over 20 watch lists.
The way we work today, no one uses one tool, one system, or one application anymore. Life isn’t that simple. In the course of your every day team’s work, you need to verify charity statuses, research potential grantees’ backgrounds, send out documents for signatures, plus a host of other things that require you to access other systems or applications.