Tempest-GEMS is a grant expense management system designed for U.S. federal grants. It’s a useful tool to collect and organize required documents and data, streamlining and simplifying it all into accurate financial tracking, which will advise you immediately if you are missing documents. The application also catches duplicates, identifies errors, and scores your compliance to help your grant procurement process run smoother without hassle.
Grant Life Cycle
While some organizations use Tempest-GEMS to close out grants, it can also be activated to assist at the beginning of the grant application process for the duration of the Grant Life Cycle. In the case of FEMA Public Assistance, it can be used at the beginning of the disaster. Regardless of your starting point, the application improves the closeout process, and archives your grant documents as required by U.S. law.
This tool is optimized to handle, store, and present your financial data easily. Forget pouring over spreadsheets. When you enter cost-related data, such as invoices, force account, or revenue, it captures their supporting document right away and tracks their status, such as whether the invoice has been paid. And when you want to examine your financial transactions, we present them just like you’d see them in a bank book or other accounting systems.
Managing documents is a key strength of Tempest-GEMS. What do you need to hand to your granting agency? They may say, “Everything”. Everything means just about every document and photo and invoice and check that tells the full story of how you used the government money. This story has to prove that you were a good steward of the grant funds.
Time Tracking comes with a variety of names. Within FEMA, the phrase DAC or Direct Administrative Costs appears most frequently. Tempest-GEMS has a DAC Tracker that helps folks capture grant management costs. Grant management costs are either time or expenses associated with the administration of a grant.
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