Description of the feature (overview)
Commitments are financial agreements made between companies and their publishers, customers, or agencies that are usually made on a yearly quarterly, or monthly basis and can be tracked in ADvendio. They help manage planned advertising spending to achieve certain discounts or value-add offers, with ADvendio calculating actual revenue figures throughout the year to ensure that commitments are being met.
Commitments are typically agreed to at the beginning of the year or even earlier at the end of the preceding year.
Scaled discounts can be set up based on the amount spent by a publisher/agency in a year. Additionally, commitments can store agreements made with agencies about commission earnings or third-party commissions for intermediaries.
Who can benefit from using it?
The Commitment feature is designed for customers, publishers, agencies, and customer agencies who use the financial tools of ADvendio and want to create financial agreements.
Advantages of the feature:
The commitments feature helps you to manage planned advertising spending to achieve certain discounts or value-add offers.
Effective use of the feature: In which ways it could be used by the customer? (If applicable)
ADvendio calculates your actual revenue generated during the year and compares it with the commitment value to ensure that targets are met and the correct discounts are applied. This helps you in tracking progress towards financial goals and ensures that commitments are fulfilled.
Future Development Plans:
Screenshots (if applicable)
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