What is Cost Plus?

The Cost Plus feature allows users to apply a fixed percentage to the cost price of roles on a rate card. This percentage can be configured so it is client specific and can be different for different ratecards, allowing full flexibility regardless of how cost plus rates are negotiated in the organisation.

In order to enable Cost Plus within the system users will first need to head to the Application Settings within the Manage Tab and then toggle Cost Plus feature 'On'.

Once Cost Plus has been enabled in the Application Settings users are then able to add into the system the different Cost Plus percentages. In order to do this users will need to go the Manage Tab, select Data and then Click on "Cost Plus"

Users will then need to select 'Add Cost Plus' and complete the pop-up form below and choose their percentage. 

Once the Cost Plus percentage has been loaded into the system users are now able to apply the percentage to a chosen client. 

To apply the Cost Plus percentage to a client users will need to navigate to the Manage Tab, then select Clients and then select their chosen client. Once a client has been selected the user will need to specify which Rate Card the Cost Plus Percentage will apply to.

Now that the Cost Plus has been loaded in the system and applied to a specific client and Rate Card users are now able to Scope with this feature.

Users will create their Scope by Work as usual by selecting their client and Rate Card that has the Cost Plus fee applied and they will be able to apply the Cost Plus to the Scope or keep the standard Agency Rate. 

The below Screenshot highlights a completed Scope of work with the Cost Plus enabled in the system highlighting the Mark-up that has been applied.