STIFTUNGSCHWEIZ
Digital solutions are becoming increasingly important in the Swiss foundation landscape. They simplify and accelerate processes, increase transparency and improve the quality and traceability of decisions. Digital application and grant management refers to the use of online platforms and software solutions that support and automate the process of submitting, evaluating and managing grants. Modern technologies enable organisations to process applications more quickly and make more careful decisions. They facilitate the communication with applicants, as well as the reporting and documentation of foundation activities.
New technology, old habits
Since November 2023, StiftungSchweiz is offering an innovative service characterised by an intuitive user interface and the use of state-of-the-art technologies, including the conscientious implementation of artificial intelligence in the initial analysis of applications. The solution was developed in close collaboration with SwissFoundations and stands out for its simplicity. This makes it particularly suitable for smaller and medium-sized organisations that have not yet adopted digital solutions. However, thanks to its scalability, the solution is also being used by an increasing number of large foundations or even in the sponsorship management of large companies.
Transitioning to digital application and grant management is not without its challenges. Organisations have to adapt their internal processes and rethink old practices based on pen and paper. Implementing a digital system therefore often leads to new responsibilities, guidelines or organisational structures in order to fully benefit from its advantages. Digital systems also meet the expectations of a new generation of foundation board members who prefer contemporary decision-making processes and flexible working methods (such as virtual meetings).
Progress for both sides
Often times, the applicants’ perspective is neglected. Stand-alone digital solutions require applicants to enter their information into specific systems, which is often more time-consuming than the traditional paper application. This aspect is often overlooked when it comes to choosing a new system. It is therefore essential that a solution supports both the funding organisation and the applicants in terms of gaining efficiency.
At StiftungSchweiz, information must therefore only be entered once and is then available for different applications – whether digitally or on paper. This significantly reduces the effort required for all subsequent applications.
With a forward-thinking approach and the right partner, digital solutions can set new standards and lead to more efficient and transparent funding processes – including data security, comprehensive contextual information that is available for every application review, and transparent and simple communication. Those who make the transition often ask: Why didn’t we do this earlier? Now is the ideal moment to explore the new possibilities and prepare your own processes for the future.
Would you like to switch to a digital system?
On 8 May from 1:30 p.m. to 2:30 p.m., we will present the different approaches, explain what is important when choosing a solution and give you an insight into the two leading solutions from AlphaFoundation and StiftungSchweiz.
Register now for free.