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How long does the reconciliation process take after my campaign is completed?

Posted on 30 Oct 2013 in Financial, Smartpedia | 0 comments

There are several factors that determine the length of the reconciliation for each particular client. One factor is that the media vendors send invoices at the end of the month, regardless of when the flight ended. Therefore if your campaign ends on the first week of the month, we cannot begin the reconciliation process until […]

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What do auditors look for in reconciliation?

Posted on 19 Sep 2013 in Financial, Smartpedia | 0 comments

The main focus is the flow of money from the campaign to the agency to the media vendors. Auditors need to track and account for all the invoices and payments between the agency and campaign to demonstrate where the vendor payments and commissions are coming from. This means any copies of agency invoices and payments […]

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