4.16 How to handle Commitments (Financial Agreements)
Overview
Commitments are financial agreements between you and your publishers, customers, or/and your customers' agencies that are often made on a yearly basis (yearly agreements) which you can track in ADvendio. They can also store agreements you made with your agencies about agency commissions/earnings or third-party commissions for your intermediaries.
Commitments are typically agreed to at the beginning of the year or even earlier at the end of the preceding year, alternatively, you can also have quarterly or monthly agreements. It manages the planned advertising spending/turnover in order to achieve a certain discount or rebate in kind (value add offers).
You can set up the scaled discounts related to the amount, page & quantity a publisher/agency spend in the year. Throughout the year ADvendio calculates the actual revenue figures for you. So this can be matched with the earlier commitment value to verify that numbers are reached and the "real" discounts need to be applied.Â
ADvendio offers a basic and advanced version of the Commitments. Advanced Commitments need to be enabled and set up differently from the basic Commitments, this will be covered in the following documentation:
Â
- 4.16.1 How to Create Commitments and Conditions
- 4.16.2 How to Assign Commitments to Media Campaigns
- 4.16.3 Apply Condition's Discounts to Campaign Items
- 4.16.4 How to Manage Multiple Accounts in Commitments
- 4.16.5 How to Monitor Commitments
- 4.16.6 How to Manage Packages in Commitments
- 4.16.7 How to Manage Commitment Matching
- 4.16.8 Commitment Condition Use Cases
- 4.16.8.1 Use Case: Rebate in Kind
- 4.16.8.2 Use Case: Rebate in Kind %
- 4.16.8.3 Use Case: Scaled Discount (Amount)
- 4.16.8.4 Use Case: Scaled Discount (Page)
- 4.16.8.5 Use Case: Scaled Discount (Quantity)
- 4.16.8.6 Use Case: Scaled Discounts with Shared Revenue
- 4.16.8.7 Use Case: Special Discounts
- 4.16.8.8 Use Case: Agency Earnings
- 4.16.8.9 Use Case: Third Party Commission
- 4.16.9 How Commitment Condition Discount Fields are Populated
Don't forget that your administrator needs 7.2.9 Setup Commitments before you can properly use them.