Cost Coding
Corporate Lodging Consultants understands that numbers are only valuable if they actually mean something to the person reading them. That's why CLC codes all data in its reports according to the specific cost centers or project codes used by your company.
CLC's sophisticated TALON (Travel and Lodging Online Network) computer system automatically assigns each stay's cost codes according to rules that you provide. This allows lodging costs to be easily and quickly entered into your accounting systems and provides for the accurate allocation of lodging expenses.
CLC's cost coding also enables your company to more easily meet the requirements of the ever more stringent financial reporting requirements by providing highly detailed and accurate line-item accounting of lodging expenses.
With CLC's simple and flexible process, there is virtually no limit to how your codes are categorized or the number of codes your company employs. And, if you ever need to change cost codes, CLC's proprietary TALON system makes it easy. For instance, if your company decides to redefine its geographical regions or business units, just give CLC the information and the change will be made swiftly and painlessly.
CLC's customized cost coding enhances your company's efficiency, enables management to quickly identify actionable items and makes generating customized reports easy and understandable for virtually every member of your organization.