HDS Funds Management System
is allocation management for the Housing and Development Suite of Systems. The HDS Funds Management System allows an agency to create, track, report and disburse all agency dollars, irrespective of source type; federal or non-federal. This system integrates into the HDS Multifamily, Single Family and IDIS Systems, as well as a direct interfacing module into the HUD IDIS System, providing the budgeting for programs, projects and activities.
Project & Activity Tracking allows the agency to collect all project and activity detail data related to various grant programs. The module provides an array of Management and Workflow tools as well as Stages, Outcome Training, and Detail Training of Programs including: CDBG, CDBG-R, NSP, HOME, HOPWA, ESG, TCAP, HPRP, and other agency grant programs. Additional functionality includes:
•Application documents and exceptions
•Enter and view conditions applied to a project/activity
•Budget Setups, Status, and much more!
The Funds Management Accounting module is used for the management and review of the agency’s funding request. In this module agency users can review and approve expenditures, request funds, receive funds, process payments and much more. The HDS Security module is central to the HDS Enterprise Solution allowing the agency to manage permissions to access data or to perform certain tasks, like processing payments for HDS modules, permissions to access data or to perform certain tasks, like processing payments for example.
The IDIS Interface module was designed and developed to interface directly to the HUD IDIS System. This interface facilitates the process of sending and receiving HUD beneficiary and accomplishment data via the electronic data interchange (EDI) transmission protocol/HDS Data Synchronization Tool. In the IDIS Interface module, users may also generate IDIS-specific reports related to performance and transmission status.