Have you ever been caught by surprise on what a department is spending? Has a project ever run over in cost without you knowing? Cost allocation has been developed with each of these things in mind. Know exactly what types of costs are incurred in any area of your organization. And since you can even label your packing slips and invoice documents with cost allocation, you are able to create your own internal tracking and reporting. Don’t be in the dark; set up cost allocation today!
Our Cost Allocation business solution allows you to control the spend throughout every area of your organization. You will have the ability to easily create and manage spend categories and user permissions, making Cost Allocation one of the most flexible solutions out there. It is completely customizable to your needs, so your settings can include common categories - like departments, cost centers and general ledger accounts - or any category that would suit your business needs. You name it!
Once you have set up your Cost Allocation categories, it’s easy to use! Build a shopping cart and split your costs among your entire order or within individual items in your cart. The account administrator can establish Cost Allocation usage on all web orders and determine who should have visibility into the Cost Allocation settings in the shopping cart.
The Cost Allocation selections you make during your order are carried through to the documentation you receive from MSC. That means you can use your packing slips and invoices to track and report on where your organization is spending its budget dollars. For additional reporting you can contact your account manager.