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A Sponsorship is a business relationship between a provider of funds and an individual or organisation which offers an association for a specific event, program or project. Sponsorships can also offer rights to brand marketing or advertising.

thankQ supports both cash and contra sponsorships and maintains a complete history of sponsorships as well as maintaining benefit packages for each type of sponsorship. The usage of benefits can be monitored. Corporate sponsorship management includes the attachment of agreements and the interchange of invoicing for contra based agreements.

Cash Sponsorship: A payment is made as a sponsorship for a specific event, program or project.

Contra Sponsorship: A business will exchange goods and services for the goods and services of another organisation.