In today’s electronic age, it would be unthinkable to submit and manage a grant application and the elements that make up a grant without using a state-of-the-art information system. Just as you require computers to manage almost all aspects of your life, computerization is paramount to your success in managing grants as well.

Using the module readings, the Argosy University online library resources, and the Internet, research the use of electronic information systems for managing grants. Based on your research, respond to the following:

• Discuss why it is essential for awardees of grants to manage their awards using an electronic information system.
• Explain in detail some of the components that must be tracked and why. Support your answer with examples.
• Give some concrete examples of appropriate software applications that might be helpful.

Give reasons in support of your responses. Be sure to cite any relevant resources.

Write your initial response in approximately 300 words. Apply APA standards to citation of sources.