Can we have multiple sponsors for a single award, is it possible? (Doc ID 2659900.1)

Last updated on DECEMBER 08, 2022

Applies to:

Goal

The Business case is as follows:

Customer has some contracts where more than one Sponsor/Party is involved

Example : Customer signs a contract of 100USD with these sponsors: A 55%, B 25% and C 20%. For this contract the principal sponsor/party is A(55USD) and the secondary sponsor is B (25USD) and C (20USD)

Customer  should invoice A for 55USD,B for 25USD and C for 20USD

Therefore this is a single Grant (single contract) with 3 external sponsors/parties, and each sponsor/party should be invoiced as per their participation percentage.

Can this requirement be met in Fusion  Grants Management ?

Solution

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