Simplify your budgeting and reporting process for external funding
The app enables you to easily maintain the different funder rules to ensure that you can budget and report according to the funder’s format. The app integrates with both an on-premise and cloud SAP S/4HANA back-end system and extends SAP portfolio and project management/EPPM/Professional services.
By Flexso NV
Overview
Maintain the funding rules in a centralized location
As an end user you only need to create a funding model once and from then on, the rules will be applied to all projects linked to this funding model. No need to re-enter the same data over and over again. There is only one single source of truth.
Retrieve all relevant rules from the system
The application stores a wide variety of preconfigured funding rules. You only have to link your project to the correct funding model for all the rules to be applied.
Report accurately and easily to the funder
You are able to link FICO postings to the Funding Model Management budgeting categories. This way you can report the actuals of a project accurately according to the budgeting categories the funder prefers.
Details
Solution type
Extensions and Add-ons
Industry
Public Sector, Education and Research
Compatibility
Works with
Features
Get an overview of all funding models
The application provides an easy overview of all funding models, their validity period, and other information. The app makes it possible to filter and search for a specific funding model. You can click through to get more insight on the specific funding model details.
Create and update funding models
Funding models can be created and updated in order to track the external budget and report towards the funder. The funder rules can be stored in the header or category level, such as ceiling amounts, flat rates, overhead rates, own contribution rates and valuation of personnel costs.
Adapt funder rules on project level
When the funder’s format for a specific project diverges a bit from a standard funding model, it is possible to simply adapt certain funder rules for that project to reflect and implement any exceptions within the project.
