Can we have multiple sponsors for a single award, is it possible?
(Doc ID 2659900.1)
Last updated on MAY 13, 2020
Applies to:Oracle Fusion Grants Management Cloud Service - Version 22.214.171.124.0 and later
Information in this document applies to any platform.
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 ?
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