Awards management software is used by organizations to manage the entire awards process from submission collection and nomination to judging and awarding. Organizations of all types may use awards management solutions to manage every step of the awards process.
Businesses and schools use awards management software in order to accept award applications, parse through the applications, judge the submissions, and release results to participants through a single platform. These solutions alleviate the difficulties associated with running an awards program and having to stitch together multiple solutions. Users can communicate with applicants, vote on submissions, and generate reports on the awards process.
Awards management software consolidates all data relevant to the awards process. Awards management solutions often contain grant management features. Typically, solutions in this category will also offer data integration features, and are often used in conjunction with nonprofit software
To qualify for inclusion in the Awards Management category, a product must:
Manage awards opportunity pipelines
Accept awards submissions
Provide communication channels between applicants and the business
Contain award life-cycle management features: planning, judging, award results
Contain reporting features