To streamline the flow of information and simplify handling of requests, Spar Nord decided to use the Openflow platform, which handles the whole application process.
In 2015, the Spar Nord Foundation received about 2,000 grant applications. And since 2016, the Spar Nord grant pool has grown to 30 million Danish DKK. Handling such a large number of requests required a lot of administrative work. The foundation has a centralized structure, which in practice means that the local banks' councils are processing applications. As a result, more than 250 users log into Openflow as a part of the application process. In order to facilitate everyday work, we have upgraded our processing system so that even more applications can be handled by Openflow in 2016.
We are very pleased that we have a unified and systematized application system, thanks to which we retain full control over the whole process - from applying, verifying it to the decision. We save a lot of time, and we enjoy it.
Steffen Norgaard, President of the Spar Nord Bank Foundation
About the Spar Nord Foundation
Spar Nord is the largest shareholder in the Spar Nord Foundation. Funds of the Foundation come from dividends. With grants, this money is used for small and large social and cultural projects.
Aarhus Festuge Art Festival, ARoS Museum, DGI Sports Organization and Danish Chess School. All these institutions were beneficiaries of large grants from the Spar Nord Foundation.