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What is HDS Funds Management System?

The Housing and Development Suite of Systems features an extensive allocation management capability. The HDS Funds Management System allows agencies to generate, oversee, report, and allocate financial resources from various origins, including both federal and non-federal sources. This system works seamlessly with the HDS Multifamily, Single Family, and IDIS Systems, while also providing a direct link to the HUD IDIS System, aiding in the management of budgets for diverse programs, projects, and activities. With FM Allocation, agencies can strategically assign and reassign program funding according to its source and the relevant fiscal year. This allocation feature offers agencies multiple insights into the distribution of funds that are customized to particular fund configurations. Moreover, the Project & Activity Tracking module equips agencies with detailed information on project and activity specifics associated with a range of grant programs. This component also encompasses various management and workflow tools along with structured training focused on outcomes and program details, addressing initiatives such as CDBG, CDBG-R, NSP, HOME, HOPWA, ESG, TCAP, and HPRP. By doing so, it enhances the overall operational efficiency and effectiveness of the agency. Ultimately, the Housing and Development Suite of Systems provides a robust framework that significantly optimizes the management of housing funds and programs, ensuring that agencies can effectively address the needs of the communities they serve.

What is GMS Accounting Software?

The GMS Accounting and Financial Management Reporting System is unlike typical commercial accounting systems or those designed for government fund management, as it is specifically crafted to address the specialized requirements of accounting for contracts, grants, and program activities relevant to nonprofit and public organizations. This software has been carefully engineered to meet the distinctive challenges faced by these entities, ensuring that their financial reporting is both accurate and compliant. In addition, the GMS Revolving Loan Servicing Software is a robust and comprehensive solution that features one of the most efficient portfolio management tools on the market. With the ability to effectively handle nearly any loan program, it not only supports the daily operations of portfolio management but also provides extensive reporting capabilities. Our system guarantees that all reporting adheres to current state and federal regulations, satisfies audit requirements, and supports the documentation needs of both the Board of Directors and the management team, thereby significantly improving organizational transparency and accountability. Consequently, this software is an essential resource for organizations aiming to optimize their financial workflows and enhance operational efficiency. Ultimately, the combination of these systems allows for better financial oversight and strategic decision-making within nonprofit and public sector organizations.

Media

Media

Integrations Supported

Integrations Supported

Ariane Systems
Cloud Raxak
RateBoard

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS
Windows

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Housing and Development Software

Company Website

www.hdsoftware.com

Company Facts

Organization Name

GMS

Date Founded

1980

Company Location

United States

Company Website

www.gmsactg.com

Categories and Features

Grant Management

Compliance Management
Grant Application Management

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Nonprofits
Project Accounting
Purchase Orders
Tax Management

Grant Management

Contract Management
Grant Award Tracking

Medical Accounting

Not specified

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