Lump Sum Projects in Horizon Europe: Best Practices for Work Packages and Financial Management
Lump sum grants in Horizon Europe simplify cost reporting but require careful planning to manage cash flow and audits. Instead of tracking individual expenses, payments are tied to completed work packages (WPs). However, projects must still demonstrate execution capacity and remain audit-ready. Splitting WPs across reporting periods can ease cash flow by ensuring earlier payments, particularly for long-term activities like project management and dissemination. Kronis helps streamline reporting by organizing deliverables, tracking reporting periods, and ensuring compliance. Learn how to optimize your lump sum projects efficiently.