Platform

One controlled lifecycle, from award to impact

iProject Cloud is built around a single validated financial chain. Every commitment, purchase, receipt, invoice, payment and journal entry is traceable back to the award that funded it — and forward to the deliverable it produced.

The controlled transaction lifecycle

Reporting, analytics and AI sit on top of validated financial controls — never in place of them.

  1. 1Tenancy & permissions
  2. 2Awards & grants
  3. 3Projects & tasks
  4. 4Budgets & encumbrances
  5. 5Approvals & controls
  6. 6Purchase requests
  7. 7Procurement & bids
  8. 8Purchase orders
  9. 9Receiving & evidence
  10. 10Invoices & matching
  11. 11Payments & settlement
  12. 12Accounting & ledgers

Core modules

Grant & award management

Award records, conditions, amendments, reporting schedules, grant ledgers and closeout status in one place.

Project management

Programs, projects, workstreams, milestones and tasks connected directly to the funding that pays for them.

Budget engine

Budget lines with approved, committed, encumbered, pending and available amounts recalculated on every transaction.

Approval engine

Configurable workflows with thresholds, role and amount routing, delegation, escalation and segregation of duties.

Procurement & contracts

RFQ and RFP workflows, independent scoring, vendor ranking, conflict disclosures and a full procurement audit trail.

Accounting & audit

Journals, general and grant ledgers, period controls, immutable logs and complete transaction traces.

Built-in financial controls

  • Real-time budget availability check before a request can be submitted
  • Grant-period and allowability validation on every expenditure
  • Encumbrance created at purchase order, released at payment
  • Three-way match across purchase order, receiving and invoice
  • Duplicate invoice and split-purchase detection
  • Self-approval detection and segregation-of-duties enforcement