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INDIRECT COST AUTOMATION

Rules for indirect cost can be complex, with different drawdown percentages and allowable costs per project.
Harshwal’s Indirect Cost Automation (ICA) software automates processes for managing indirect costs,
ensuring funds are properly transferred out of grants as allowed automatically when grant expenditures are recorded.

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ICA is an important aid to helping non-profits handle the political winds around Indirect Cost while saving time and money and ensuring every allowable penny is captured on a timely basis, ensuring cashflow and helping to keep the organization strong and afloat. The software never misses tracking expenditures in any grant program. It ensures that all indirect costs are properly accounted for and allocated, providing organizations with the financial insight they need to make strategic decisions.

ICA is an essential part of Artificial Intelligence-enabled financial management. ICA simplifies the generation of complex reports, including Grant Log Reports, Grant Listing Reports, IDC available balance, IDC reconciliation, Grant IDC calculation, and IDC Worksheet Reports. These reports allow finance teams to track, analyze, and report all related activities. With API integration, ICA connects effortlessly with leading financial software such as Abila MIP, Sage Intacct, Accu Fund, Sylogist, and Jenzabar, ensuring a smooth workflow. 

ICA helps organizations stay ahead of compliance requirements, reduce administrative burdens, and maintain financial stability.

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KEY FEATURES OF IDC

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Indirect cost allocation

Reduce manual input errors, for faster, more accurate compliant cost allocation.

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Quick reports generation

Generate detailed reports quickly and consistently to enable better decision-making and compliance.

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Application Programming Interfaces (API) integration 

Easy integration with financial software to streamline indirect cost management.

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Expense tracking 

Track expenditures with automated processes, ensuring better control over expenses.

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Interactive dashboard

Access real-time data with a user-friendly dashboard designed for efficiency.

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Accurate IDC calculation

Ensures precise calculation of indirect costs by automatically applying the correct allowable costs for each grant.

EFFICIENT SOFTWARE FOR INDIRECT COST MANAGEMENT

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(858) 605-6405

Southern California 11405 W. Bernardo CT, Suite A, San Diego, CA 92127

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