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Five broad reasons why your agency should switch to ERP system

In order to remain competitive, every ad agency today needs a robust ERP solution specially tailored to the current needs of the industry. There are myriad benefits of ERP software for all businesses, including the ability to integrate information and communication across business management, customer relationship management (CRM), human resources, distribution, and sales. But due to the ad industry’s global shift toward agility over stability, an even greater emphasis has been placed upon an ability to quickly organize data and integrate that information across key business areas. An effective Agency Management ERP solution can make all the difference in the world for your creative organization. In this whitepaper, we’ll take a look at how ERP software is defined, how it can help creative organizations, and how ERP systems can be customized for advertising firms. We’ll end by noting that these benefits and more are included in ZAG’s unique Agency Management ERP solution....

NetSuite basics – Sponsorship’s and Deferred Revenue Processing

In case of any event being organized by a corporation, the corporation receives payments from sponsorship customers for specific promotional motives. Usually, these sponsorship contracts contain ‘Contingency’ as well as ‘Metric-Based’ payments to offer a justified conformance with the value of the publicity being generated. Apart from these, there are multiple subsidiaries that enter into retainer contracts as well, either as fixed price contracts, or as advance payments for future services that are rendered over the year or across multiple fiscal years....

Seven Tips for Ad Agency CFOs

In order to remain competitive, every ad agency today needs a robust ERP solution specially tailored to the current needs of the industry. There are myriad benefits of ERP software for all businesses, including the ability to integrate information and communication across business management, customer relationship management (CRM), human resources, distribution, and sales. But due to the ad industry’s global shift toward agility over stability, an even greater emphasis has been placed upon an ability to quickly organize data and integrate that information across key business areas. An effective Agency Management ERP solution can make all the difference in the world for your creative organization. In this whitepaper, we’ll take a look at how ERP software is defined, how it can help creative organizations, and how ERP systems can be customized for advertising firms. We’ll end by noting that these benefits and more are included in ZAG’s unique Agency Management ERP solution....

Considerations for a successful ERP implementation

Choosing the right ERP application can be one of the most important decisions businesses of today will make. With direct implications for product and production planning, marketing and sales, materials and inventory management, retail and shipping, and finance, ERP is no less than a business’s central nervous system. With such a vital function, then, it should come as no surprise that the consequences can be catastrophic when a company selects the wrong ERP solution and/or the wrong implementation partner. But doubtless, such failures are avoidable. ...