Accounting firms working with advertising agencies as clients understand the complexities of a business driven by creativity. One challenge in particular is expenses. Agencies must keep careful track of expenses incurred on behalf of clients, which can quickly escalate to sky-high levels depending on their scope of work.
Spend management can help. With it, ad agencies can enforce budgets while also adding cash-back rewards for spend like online advertising to their bottom line.
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This guide is full of information on how to make spend management part of your client advisory services and tips on how to talk about it with your clients.
Welcome to the next evolution of addressing expenses, one that follows the principles of spend management.
Read our guide for more tips and tricks on automating your expense reports.
Expense management is one small part of a bigger discipline: spend management. And if you’re only working with typical expenses, you’re missing opportunities for your firm and your clients.
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