marketing agency audits

How different are financial practices in agencies around the world?

While accountancy may not qualify as being the oldest profession, it can date its history back to before the Roman…

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4 steps to successfully manage your agency finances

More and more of our clients are recognising the benefits of a structured approach towards auditing their agencies.…

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‘If one of our agencies is overcharging us, could they all be doing it?’

We are often asked 'is agency A better than agency B when it comes to overcharging?'. The surprising answer: 'how your…

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Is the top agency talent working on your business? Or on someone else’s?

When you change the agency's fee structure, how do you know you're still getting the same quality of staff on your…

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Agencies seek fame for their creative work, not for their financial management

As an FMCG client recently discovered, priorities and practicalities dictate that the Finance function in an agency is…

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Trust in commercial relationships

“Trust me, I’m looking after your best interests.” A noble sentiment indeed, but how do you know whether your…

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How exactly do marketing agencies make money?

Like many businesses providing services, marketing agencies make money by selling the time of their people. Take a…

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Hide and seek: The game of audit clauses in agency contracts

When you’ve audited as many commercial marketing contracts as we have, it would be fair to say that we’ve seen a…

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Common contract compliance audit objectives

Why do brands typically carry out contract compliance audits of their marketing agencies? Over the years Financial…

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How transparent should a trading relationship be for it to become mutually beneficial?

This is a question we at Financial Progression often find ourselves pondering with our clients. How much financial…

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