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Overview
ReARTS allows research institutions to streamline complex grant administration with comprehensive financial tracking and compliance. While the current public documentation for implementation processes is limited, the platform’s real-time reporting capabilities ensure accurate accounting. Overall, it is a useful solution for organizations seeking efficiency and clarity in their management processes.
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Starting Price
Custom
ReARTS Specifications
Financial Management
Compliance and Risk Management
Project Management
Business Intelligence
What Is ReARTS?
ReARTS is an enterprise resource planning (ERP) platform built on Oracle Business Intelligence designed specifically for academic and research organizations. It solves the pain points of managing federally funded programs and grant expenditures by providing dedicated modules for compliance and sponsor reporting. The tool's integrated workflow management and fund manager help institutions maintain accurate financial records and ensure all research activities adhere to strict regulatory standards. The system focuses on making the grant lifecycle more manageable for organizations.
ReARTS Pricing
ReARTS Integrations
Who Is ReARTS For?
ReARTS is ideal for the following sectors and industries:
- Education
- Non-profit
- Government
- Human resources
- Medical
Is ReARTS Right For You?
If your institution requires a robust, dedicated ERP software solution to manage the complexities of grant accounting and regulatory compliance, then ReARTS is a top contender. Its focus on balance sheet and income statement management sets it apart, providing precise financial management for sponsored programs. It also provides detailed financial reporting, allowing organizations to make data-driven decisions with ease.
Still doubtful if the ReARTS software is the right fit? Connect with our customer support staff at (661) 384-7070 for further guidance.
ReARTS Features
The tool manages funds related to stimulus programs. It tracks proposals, budgets, expenses, and positions separately from non-stimulus grants and ensures compliance with new transparency requirements by facilitating both separate and combined reporting on research and job creation metrics.
ReARTS offers principal investigators (PIs) a quick, reliable, and accurate overview of their sponsored projects' financial health. The dashboard provides immediate visibility into budgets, encumbrances, and expenses, empowering PIs to manage their grants effectively and enhance efficiency at the departmental level.
The system streamlines the entire audit cycle for both federal and internal reviews by providing auditors with accurate, summarized, pre-reconciled data. Summary reports are always tied directly to detailed numbers, even after multiple drill-down actions, which helps verify and reconcile financial data quickly.
ReARTS minimizes institutional exposure by providing proactive tracking of regulatory requirements and internal policies. It centralizes compliance data and generates necessary statutory reports by consolidating information from diverse sources, which critically expedites external filing and review processes.
The tool generates interactive, complex reports essential for accurate oversight of grant expenditures and institutional commitments. It allows users to instantly sort, analyze, and reorganize consolidated reports and drill down into transaction details for fast reconciliation, validation, or auditing purposes.
