Already available in Concur Invoice Professional, the Multiple Funding Accounts feature is now available for Concur Invoice Standard. Invoice Pay gives you the flexibility to use more than one funding account when making payments to suppliers.
Examples of when multiple funding accounts might help include:
- Merger and acquisitions: A company is merged into or acquired by the client company and the different companies use different funding accounts
- Universities: A university has multiple schools within their system, each of which is funded from a different source