University & Research
Universities and research institutes play a pivotal role in advancing the body of knowledge through rigorous academic research, innovation, and knowledge dissemination.
Universities and research institutes conduct research across diverse fields, tackling complex societal, scientific, and technological challenges. They frequently partner with industries, governments, and communities to translate research findings into practical applications. However, when these institutions receive funding to support their work, they often face the dual challenge of focusing on intensive research while also managing the administrative tasks required to account for the funds. Balancing these demands can be a rigorous process, requiring careful oversight to ensure both research integrity and financial accountability.
Cognisant of this challenge, ACLAIM works with Universities & Research Institutes by:
- Offering Outsourced Financial Management Services including budgeting, cash flow forecasting, regulatory compliance, reporting to donors, overseeing the financial audits, among others.
- Providing Outsourced Human Management Resource Services including: recruitment and contracting of key staff, payroll management and statutory payments, employee welfare issues, compliance with regulations, performance management, among others.
- Providing Outsourced Procurement Services including vendor sourcing and management, vendor contracting, cost optimisation, among others.
- Carrying out Monitoring and Evaluation Services including developing frameworks for activity tracking, performance tracking, impact evaluation, among others.
- Offering Fiscal Agency Services providing legal cover for the projects including contracting staff, vendors, among others, and taking full responsibility for the funding.
Please refer to the various ACLAIM Capabilities for the services offered to the Customer Segment and to ACLAIM Insights for some of our lessons and experiences.