State of New York Selects eGrantsPlus®
The New York Financial Management System (NYFMS) project team has selected STR’s eGrantsPlus® to be used in the implementation of a Statewide solution supporting the entire life cycle of grants management.
The NYFMS project was established to transform the State’s financial management practices through the implementation of a common platform to improve business processes, allow for the exchange of financial information in near real-time, and permit agencies to shift their efforts from processing and reconciliation to analysis.
“This was the most highly anticipated award in the grants management community because New York State has ‘grants under management’ in excess of $40 billion through over 500 grant programs and is second only to California in terms of the grant dollars administered by state agencies,” said Scott K. Meyer, President of STR.Grants, LLC. “It’s the largest grants COTS selection in Federal or State government history. We are pleased that New York looked at our experience with Federal agencies and with several states, including Louisiana and Mississippi, in determining that eGrantsPlus was the best system for its needs.”
eGrantsPlus is the industry’s premier enterprise-wide grants management COTS product solution with proven implementations across Federal agencies and State governments. A fully web-based platform, eGrantsPlus provides an unparalleled level of end-to-end grants management support, from the creation of a grant program and the announcement of a funding opportunity through application submission and evaluation, selection, award, outcomes-based financial and progress reporting, and claims processing. Scalability and flexible configuration are the hallmarks of the eGrantsPlus architecture, designed to handle varying business rules, an expanse of business processes and workflows, as well as unique program and transparency-specific data and reporting specifications.
About STR
With more than two decades of experience, Fairfax, Virginia-based STR has provided management consulting and disciplined decision analytic services to a myriad of both public and private sector clients. Having designed one of the first web-based electronic grants management systems used at the Federal level, STR has evolved into THE solution provider that Federal, State and Local governments count on to address the toughest grants management challenges. STR applies its core problem-solving expertise, grants domain knowledge, and an unrelenting commitment to client success to each of its public sector client engagements.
eGrantsPlus® is a registered trademark of STR.Grants LLC. Copyright of the eGrantsPlus software is owned by STR.Grants LLC.