How Vectr Solutions Streamlined the Biomanufacturing Grants Management Lifecycle
Problem:
BioMADE is a member-based 501(c)(6) nonprofit within the Manufacturing Innovation Institute (MII). BioMADE provides grant funding to organizations in order to advance biomanufacturing technologies; education and workforce development; and safe, secure, sustainable, and socially responsible biomanufacturing.
BioMADE faced challenges in effectively managing the project proposal lifecycle and contracting processes for their members as part of the grants management process. The legacy approach was decentralized and segmented, leading to inefficiencies and long cycles.
What We Did:
Vectr Solutions partnered with BioMADE to launch a comprehensive proposal and contract lifecycle management solution to streamline and scale their processes, including the following key components:
Digitized the lifecycle of the proposal process from application to contract close
Centralized project management information and tasks
Enabled document generation, versioning and e-signature via DocuSign integrated with Salesforce
Modernized the member portal, simplifying proposal submission and tracking while allowing for project management on the same platform
Outcome:
Enhanced Efficiency: With a single source of truth for the proposal lifecycle, administrative overhead and time consuming manual tasks are a thing of the past.
- Real-time Visibility: Members have been empowered with real-time visibility to their proposals, including the ability to modify their application and upload supporting documentation.
- Improved Collaboration: The integrated system has facilitated better communication and collaboration among BioMADE’s member institutions, enhancing their ability to connect and work together on vital projects.
- Scalability: The solution was built with scale in mind, so as BioMADE grows the proposal and contract lifecycle management solutions grow along with it.
Products: Salesforce Public Sector Solutions