Monthly Webinar | Grants and Modernization: Preparing for What's to Come-Video Recording

Video Transcription

Video Summary

In this NGMA and Crow Horowitz webinar, Mike Adecy and Kathleen Yusa from Deloitte's consulting practice discuss grants modernization, focusing on preparing organizations for upcoming legislative changes and improving grants management processes. They emphasize that modernization is about optimizing business processes—not just computerizing them—to better support organizational goals, compliance, transparency, and reduce burdens on grantors and grantees. Key elements include standardizing processes, establishing governance, eliminating redundancies, improving data collection, and adopting interoperable, machine-readable open data standards.<br /><br />The webinar covers significant legislation shaping grants modernization: the Data Act mandates grantors use standardized data for transparency and accountability, while the pending GREAT Act focuses on standardizing reporting requirements for grantees. These laws aim to move from document-heavy reporting toward streamlined, data-driven decision-making and reduced compliance burden.<br /><br />Speakers stress assessing current state processes, involving stakeholders, conducting gap analyses, and envisioning future-state workflows as critical steps toward modernization. They advocate using data standards to enhance transparency and outcomes while emphasizing that technology should support optimized processes, not replace them blindly. Ultimately, embracing these changes promotes efficient, accountable grants management aligned with organizational missions and legislative requirements.

Keywords

grants modernization

legislative changes

grants management

business process optimization

Data Act

GREAT Act

standardized data

transparency and accountability

stakeholder engagement