Market conditions for the majority of media vendors are increasingly challenging. In addition to the reduction of media spend share, declining prices and per unit cost increases, vendors who rely on advertising agencies are impacted by their operational and business model challenges.
These challenges manifest as less visibility and control over cash-in, reconciliation and forecasting, plus increased accounts queries and more expensive write offs.
With Exact CT, media supplier finance teams can pre-check all invoices against signed insertion orders and predict payments, and cut the time spent on following up payment delays.
Media suppliers can also check their invoices against participating agency media schedules, helping their counterpart finance team grade invoices and reduce the time spent on reconciliation.
Commercial teams can track invoiced amounts against master agreements and trade invoice settlement terms using timing or inventory.