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MWI Cost Allocation System is a
powerful and flexible system that integrates
cost related organizational profitability
and product level profitability all while incorporating ABC methods via data
ETL capabilities in Data Designer specifically designed for financial
institutions.
The
MWI Cost Allocation System
provides cost related performance measurement to all levels of
management offering multi-dimensional perspectives at the Responsibility
Center, Operational Budgeting, Profit Center (multi-pool overhead
allocation), and Product P & L
Key Benefits
Benefits include:
 | Determine profit margins for your profit
centers using a wide range of possible metrics. |
 | Powerful allocation modeling capabilities
to minimize setup and maintenance for organizational profitability
allocations. |
 | Organizational profitability,
product profitability, and unit costing are all definable. |
 | Build and efficiently process
center to center allocations regardless of the scale of the
organization. |
 | Compare actual to budget results after
performing allocations. |
 | View all costs relating to a responsibility
center by general ledger account, various other organizational level or by aggregate costs.
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 | Use standardized reports for producing
financial statement and audit trail information. |
 | Comes with fully integrated reporting
capabilities as part of the
MWISolutions Decision Support System.
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 | Can be integrated with
MWI Solutions Customer Profitability to
provide accurate costs that cover the customer relationship as does
the MWI Solutions FTP system |
 | Create multiple hierarchies for financial
reporting and viewing your organization with various perspectives
and doing what-if analysis on re-organizations or mergers |
 | Great pricing, along with superior
features, and solid long term customer satisfaction are our goals. |
Powerful and flexible
MWI Cost Allocation system capabilities
enable any type of allocation rule to be created, stored and run
routinely. Summary allocation results capability assures complete audit
over allocation results.
Calculate both product unit costs and resulting
product profitability in one complete system. Additionally, you can have
complete control as the system integrates with the
MWISolutions funds transfer pricing and
customer profitability systems for
complete measurement at any level or dimension.
Take advantage of the multiple scenario allocation
capabilities within the software that enables unlimited separate sets of
allocation results to reflect various analysis such as:
 | Responsibility Center Direct |
 | Direct plus overhead allocation |
 | Pre-product allocations.
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