Grantium Inc.

Grantium Inc.

March 24, 2009 17:48 ET

Grantium Inc.: Ottawa Software Company to Assist U.S. Government with Disbursement of Recovery Act Funds

Grantium announces the release of its Grants Recovery Act Management System (GRAMS) to assist federal, state and local agencies with the rapid disbursement of Recovery Act funding.

OTTAWA, ONTARIO--(Marketwire - March 24, 2009) - US federal, state and local government agencies are under the gun to deliver American Recovery and Reinvestment Act (ARRA) grants and funding to stimulate the economy. Many agencies are challenged to respond quickly with current systems given the specific ARRA mandates for increased transparency and accountability. State and local governments will also face increased scrutiny as grant recipients are required to manage and report their use of ARRA funds accurately and efficiently.

To enable federal, state and local agencies to meet the ARRA requirements, Grantium, a world-leading enterprise grants management software solution provider, has partnered with CGI Group Inc., to offer Grantium's GRAMS. With ARRA compliance requirements built in, GRAMS allows agencies to rapidly automate their grant processing. The GRAMS solution also offers agencies the option to either process applications through Grants.gov, or through the G3™ Front Office Applicant Portal.

To get agencies up and running quickly, GRAMS will be offered as a hosted application at CGI's Federal Shared Service Center in Phoenix, AZ, which is fully compliant with federal financial management shared services and security standards.

"We see this as a powerful combination - Grantium's proven enterprise grants management software solution offered in conjunction with CGI's exceptional delivery capability and experience in providing financial management systems and fully managed hosted solutions. Together, this partnership enables federal, state and local agencies to respond immediately to ensure their ARRA funds are disbursed rapidly and efficiently while maintaining the highest possible standards for accountability and transparency" said Peter Andrews, CEO of Grantium Inc. "Stimulus package initiatives have created a unique opportunity for government clients around the world to leverage Grantium's 10 year investment in developing the world's leading enterprise grants management solution for government" said Andrews.

About Grantium

Founded in 1998, Grantium Inc. is a leading provider of Enterprise Grants Management (EGM) software systems. Grantium's EGM software solutions enable federal, state/provincial, municipal and quasi-government agencies to respond to increasing demands for grant program management, accountability, transparency and performance outcomes while reducing program costs through operational efficiencies. With clients in the United States, Canada and Australia, Grantium has established itself as a world leader in Enterprise Grants Management software solutions. Website: www.grantium.com

Contact Information

  • Grantium Inc.
    Kelly Stanley
    Strategic Account and Marketing Manager
    613-230-7890 ext. 246
    613-230-5243 (FAX)
    kstanley@grantium.com