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We also use the Prospect Plans>Opportunities feature for tracking due dates, submission dates, report dates, acceptances/rejections, etc. We've created queries to report Open Opportunities, Upcoming Tasks (within 2 weeks), and Overdue Tasks. Our finance dept tracks amount used and amount still available.
We use the Prospect Plans > Opportunities feature and it works pretty well for tracking due dates, submission dates, report dates, acceptances/rejections, etc. Perhaps Altru didn't use to have this as a standard feature but I believe they do now.
In addition to that, we are also trying to figure out how to use Altru to report on progress against grant requirements. For example, if the grant underwrites admission for kids, how can use Altru to tell us at any given time how much of the grant has been used vs. how much is still available to use?