Do you want to make it easier to apply for grants?
Every day, businesses miss out on easy money. The PSG Grant Microsoft Dynamics 365 solution is one of the fastest ways to change how organisations manage grants and improve how they work.
First, the bad news…
Most businesses are bad at managing grants. There is a lot of messy paperwork, missed deadlines, and zero visibility on their applications. It’s expensive, time-consuming, and bad for their chances.
Fortunately, there is a better way. The Microsoft Dynamics 365 solutions.
In this article, we cover everything you need to know about how to use the Microsoft Dynamics 365 products to streamline the grant application process.
To make sure you don’t miss a thing, here’s what we cover.
- Why Microsoft Dynamics 365 Changes Everything
- Understanding PSG Grant Benefits
- How To Leverage Dynamics 365 For Grant Management
- Key Features That Make The Difference
- Making The Most Of Your PSG Application
- The Digital Transformation Reality
- Wrapping Things Up
Why Microsoft Dynamics 365 Changes Everything
Microsoft Dynamics 365 is not your average business tool.
It is a complete business transformation solution that unifies a CRM and an ERP solution in one. According to Microsoft’s annual report, Dynamics 365 revenue grew by 24% in 2024.
Numbers like that do not come about by accident.
Organisations around the world are implementing this solution because it addresses real pain points. Whether it is to manage customer information, financials, or operations…
Everything connects.
The benefits of Dynamics 365 for SMEs wanting to apply for the Productivity Solutions Grant are clear. PSG Business Central has been pre-approved under the PSG scheme, making it an excellent choice for eligible companies looking to tap on the scheme for significant financial assistance.
The results are clear as well. SMEs who tapped into PSG-supported solutions have been able to realise an average cost savings of 52% in 2024.
Understanding PSG Grant Benefits
The Productivity Solutions Grant was launched for one specific purpose…
To help companies digitalise at an affordable cost.
What most business owners do not realise is that the PSG actually covers a long list of pre-approved solutions that can help them transform operations across a wide range of areas. From accounting software to inventory management, customer relationship management, and even supply chain management solutions.
The financial support available is considerable:
- Cover for up to 50% of qualifying costs
- Access to a range of pre-approved digital solutions
- Covers both software and equipment
However, the true magic happens when PSG funding meets Microsoft Dynamics 365.
The two work together to give businesses access to enterprise-grade technology at a fraction of the usual cost. Smaller companies can now level the playing field and compete with bigger ones by having access to the same top-notch solutions.
How To Leverage Dynamics 365 For Grant Management
Effectively managing grants is made easier when businesses use the right systems.
Microsoft Dynamics 365, for instance, provides several features that make it easy for businesses to manage grants. The solution centralises all data, automatically tracks deadlines, and offers real-time visibility of every application.
This is how this works:
The software solution captures all the information required for grants in one dashboard. There are no more spreadsheets all over the place or emails being lost. Every bit of information starting from the initial application to final disbursement is tracked methodically.
Financial management is also streamlined. Dynamics 365 automates the budgeting, expense tracking, and reporting. This is essential because grant applications usually require detailed financial information.
Automation features, in particular, are very useful…
Manual processes like chasing for documents and approvals are automatically taken care of by the system. Staff now have time to focus on important work and not administrative headaches.
Key Features That Make The Difference
Not all ERP software solutions are the same.
Microsoft Dynamics 365 is special because of particular features that are customised for modern businesses. Being familiar with the features helps companies maximise their investment and make the most out of grants.
Some of the key features of the solution are:
Financial Management
The module handles everything from accounts payable to budgeting. For grant management, the solution helps in tracking funding sources, monitors spending against the approved budgets, and generates compliance reports.
Supply Chain Visibility
Companies can use the tool to track their inventory, manage their vendors, and even optimise their procurement. This integration between grants-funded purchases and SCM ensures all information is properly documented and traceable.
Customer Insights
The CRM features of the tool can also be leveraged to help businesses better understand their stakeholders. For organisations who have multiple grants, this translates to better relationship management with funding agencies.
Reporting And Analytics
Real-time dashboards show exactly where each grant application stands. Decision-makers have the information they need at their fingertips without waiting for manual reports.
Making The Most Of Your PSG Application
Applying for PSG funding is not something that companies should take lightly.
Before any application is submitted, organisations must first prepare themselves. By assessing current processes and identifying areas for improvement, businesses can be sure that they can make the most out of grants. Microsoft Dynamics 365 helps in addressing multiple business process improvement challenges at the same time…
Which is one of the primary reasons it is a good choice for PSG applications.
Applying for a PSG typically involves the following:
- Determining which pre-approved solution best meets their needs
- Getting quotations from approved vendors
- Submitting applications via the Business Grants Portal
- Implement upon approval
Having experienced implementation partners on your side can also greatly speed up the entire process. Vendors that understand both the technology and the grant requirements are able to help businesses to deploy the tools with relative ease.
The Digital Transformation Reality
The digitalisation drive in the Singaporean landscape is not going away any time soon.
More than 95% of SMEs have now adopted at least one digital solution. The businesses who succeed are those who are willing to adopt comprehensive platforms such as Microsoft Dynamics 365 instead of cobbling together multiple, disparate solutions.
The PSG Grant Microsoft Dynamics 365 route is one clear pathway to digital transformation. Companies have access to world-class technology that can be funded by the government by up to a substantial percentage of the total costs.
It’s a win-win.
Wrapping Things Up
Streamlining grant processes using Microsoft Dynamics 365 is not just about technology adoption.
It is about changing fundamentally how businesses operate, store information, and make important decisions. This solution is also unique because it brings together financial management, operations, and even customer relationships into a single unified system.
For SMEs, the fact that the PSG scheme is available to fund substantial portions of the cost makes digital transformation affordable and accessible. The marriage of tried and tested technology and government support means that businesses have an opportunity that cannot be missed.
To quickly recap:
- Microsoft Dynamics 365 unifies multiple business operations
- PSG funding can cover substantial portions of the cost
- Good grant management requires systematised processes
- The right platform makes it easier to ensure compliance and report
- Businesses that are succeeding now are those who are investing in proper digital infrastructure
- With PSG support being available for all pre-approved solutions, now is a great time to move ahead
The best way to start is to assess your current operations. Identify the gaps. Then you can also explore how the Microsoft Dynamics 365 solution can help you bridge them and the PSG funding can lower your investment cost.