Wellspring: Whats wrong with sponsored research administration?

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Knowledge In Sight ™ What’s Wrong with Sponsored Research Administration SRA International Annual Meeting SRA-Talks Session October 19, 2015 Joe Granda EVP, Wellspring

Transcript of Wellspring: Whats wrong with sponsored research administration?

Page 1: Wellspring: Whats wrong with sponsored research administration?

Knowledge In Sight ™

What’s Wrong with Sponsored Research AdministrationSRA International Annual MeetingSRA-Talks SessionOctober 19, 2015

Joe GrandaEVP, Wellspring

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Slide 2©  2015 Wellspring Worldwide Inc.

Administrative delays affecting securing funding?

"Delay  lhr"  by  Blane

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How might human error create compliance risk?

By  Jennifer  Williams   from  Hayward,  USA  (Mazatlan Diver  Sequence)

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And this is the status quo for managing it

Slide  4©  2014   Wellspring   Worldwide  Inc.

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WellspringThe simpler way to manage research administration

By  Konflikty.pl

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Built for the Research Life Cycle

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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 teamRoute approvalsSubmit proposals

The simpler way to administer the work

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Researchers  and  Sponsors  have  full  visibility  over  budget• Proposed• Awarded

• Actual• Balance

By  Dennis  Jarvis  from  Halifax,  Canada

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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

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The  simpler way  to  report  and  commercialize  findings• Invention  disclosures• IP  Management• Tech  Transfer• Publications

"Schlumberger  Cambridge  Research  Centre  05”  by  Andrew  Dunn  

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Knowledge  in  Sight  ™

Joe  GrandaEVP,  [email protected]

www.wellspring.com/grants-­admin

Visit  booth  #401