New feature: Split Funding

Managing billing in care settings can often be a complex task, especially when multiple funders are involved. Recognising the challenges faced by many in the industry, PASS is excited to introduce our latest feature, Split funding.

This new tool is designed to streamline your care finance workflows and save valuable time.

Let’s see what it can do.

Split funding hero

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How does Split Funding work?

In many care settings, handling multiple funders for a single service user’s care involves complex calculations and manually generating separate invoices. This traditional method is not only time-consuming but also prone to errors, making the administrative process a headache.

The Split Funding feature simplifies this by allowing you to easily divide the funding of a customer’s care package between two entities and generating accurate invoices for both.

Here’s how that works…

Quickly set contribution levels

Set the allocation method (by visit or by weekly contribution), the contribution level, and which visits contributions should apply to, giving you flexibility and complete control over your billing.

You can even set a start and end date to accommodate for temporary funding arrangements. 

New feature: split funding screen 1

Automate invoices:

At the end of each billing period (weekly, monthly or any custom date range), you can automatically generate accurate invoices for each funder, showing the correct visits and contribution amounts.

You can then send these invoices directly to funders or export – you decide.

A practical example

Let’s take a fictional scenario: John is a service user whose care is partly funded by a primary funder and partly by a secondary funder making weekly contributions. With the split funding feature:

👉 The primary funder covers the base cost of care.

👉 The secondary funder contributes a fixed weekly amount, say £300.

👉 Even if the contribution starts mid-cycle, the amount is adjusted pro-rata, ensuring that funding is always accurately allocated.

👉 When you’re ready to bill, we’ll automatically calculate contributions and generate the invoice, ready to send.

Benefits for your care service

By integrating the Split Funding feature, your organisation can enjoy significant advantages.

Efficiency:

Redirect the time saved from manual invoicing to other critical areas of your service.

Clarity:

Enhance your financial reporting with clearer insights, distinguishing revenue and costs by funder.

New feature: split funding screen 2

Ready to simplify care management?

It’s time to take the hassle out of care finance. Easy to set up and even easier to use, Split Funding will help you save time, reduce errors, and get clearer financial insights. 

Book a free 30-minute tour today to see our whole suite of care rostering and billing features. We’re here to help you make your care management smoother and smarter, every step of the way.

Get your personalised quote now 🚀