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Federal agencies have seen a continuous rise in grant funding over the last few years, spurred by new legislative priorities such as the American Rescue Plan Act (ARPA), the Bipartisan Infrastructure Act, the Inflation Reduction Act, and the Infrastructure Investment and Jobs Act. The rise in grant funding correlates with increased administration focus on improving grant processes and enabling technologies.
CGI brings significant experience supporting federal grant-making agencies and states, along with state and local organizations chartered with disseminating grant funding and measuring results.
We understand the intersection of grants management, compliant payment, and the need to reduce fraud, waste and abuse. Leveraging our knowledge of federal accounting systems, policies and trends impacting the grants community, we provide consultative and operational support to advance the efficacy of grant payment processes.
Technology supports the grants lifecycle, and we enable our clients to:
- Optimize their current grants management technology investments
- Introduce new solutions into the ecosystem
- Integrate technology to improve grants management processes
- Leverage data across systems to improve oversight, compliance and reporting
How Can Grantors Leverage AI and ML To Revolutionize Grant Making
Office of Justice Programs awarded more than $1 billion to promote safety and strengthen trust, helping communities tackle the proliferation of gun violence in America and restore bonds of trust between community residents and the justice system.
Federal agencies face the challenge of ensuring that resources reach the right place at the right time. Meanwhile, local communities struggle to navigate the vast catalog of federal assistance available to them. The advent of smart technologies and tools, particularly those powered by artificial intelligence (AI), grant making is poised for a significant transformation.
Empowering Grantees through AI and ML: A New Era of Grant Making
Grant making is a vital process that supports organizations in achieving their missions and serving communities effectively. The integration of artificial intelligence (AI) in grant-making processes has ushered in a new era of empowerment for grantees. By leveraging AI algorithms and machine learning (ML) models, grantors can enhance the experience and success of grantees by simplifying processes, assessing impact promptly, building trust through technology, and maximizing impact with limited resources.
