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Wellspring: Whats wrong with sponsored research administration?

Are you concerned with how administrative delays can affect securing funding opportunities or how human error might create compliance risk? In this SRA International Meeting SRA-Talks session, learn how from proposal preparation to budgeting to post-award financial tracking and obligations to close-out, Wellspring’s Electronic Research Management ensures efficient, accurate research management. Built for the research life cycle, the intuitive software streamlines the capture of activities, organizing, and reporting all in one place.

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Wellspring: Whats wrong with sponsored research administration?

  1. 1. Knowledge In Sight ™ What’s Wrong with Sponsored Research Administration SRA International Annual Meeting SRA-Talks Session October 19, 2015 Joe Granda EVP, Wellspring
  2. 2. Slide 2©  2015 Wellspring Worldwide Inc. Administrative delays affecting securing funding? "Delay  lhr"  by  Blane
  3. 3. Slide 3©  2015 Wellspring Worldwide Inc. How might human error create compliance risk? By  Jennifer  Williams   from  Hayward,  USA  (Mazatlan Diver  Sequence)
  4. 4. Slide 4©  2015 Wellspring Worldwide Inc. And this is the status quo for managing it Slide  4©  2014   Wellspring   Worldwide  Inc.
  5. 5. Slide 5©  2015 Wellspring Worldwide Inc. Wellspring The simpler way to manage research administration By
  6. 6. Slide 6©  2015 Wellspring Worldwide Inc. Built for the Research Life Cycle
  7. 7. Slide 7©  2015 Wellspring Worldwide Inc. Project Proposal Budget Organize Pre-Award proposal under Project • Key dates and people • Budget • Proposal • Forms – COI, IRB, IACUC, FCOI • Biosketch • Publications • Previous Grants Create Workflows assigned to team Route approvals Submit proposals The simpler way to administer the work
  8. 8. Slide 8©  2015 Wellspring Worldwide Inc. Researchers  and  Sponsors  have  full  visibility  over  budget • Proposed • Awarded • Actual • Balance By  Dennis  Jarvis  from  Halifax,  Canada
  9. 9. Slide 9©  2015 Wellspring Worldwide Inc. Project Agreement Financial   Terms Obligations Administer wide range of agreements Negotiate agreements effectively Manage expenses and income Monitor financial status Oversee obligations Run reports for insights and compliance The simpler way to administer the contract
  10. 10. Slide 10©  2015 Wellspring Worldwide Inc. The  simpler way  to  report  and  commercialize  findings • Invention  disclosures • IP  Management • Tech  Transfer • Publications "Schlumberger  Cambridge  Research  Centre  05”  by  Andrew  Dunn  
  11. 11. Slide 11©  2015 Wellspring Worldwide Inc. Knowledge  in  Sight  ™ Joe  Granda EVP,  Wellspring­admin Visit  booth  #401