Agency Finance & Accounting
WorkBook Finance makes it easier to manage agency costs and cash flow, while saving valuable time by integrating projects and financials into one, easy-to-use tool.
WorkBook Finance: Agency Finance & Accounting
Fifty-nine percent of agencies recognize that transforming their digital systems could increase their agility and motivation, and half anticipate it generating data-driven insights.* That’s why WorkBook connects all of your project and financial data to provide you with the accurate, real-time information you need, and supports industry best practices that help you streamline month-end reporting, optimise financial operations and make better decisions for the future.
*Reflect, Recharge, Move on: Creative Agencies in 2021 - Campaign & Deltek
Manage Agency Costs
Manage invoicing, POs and expenses so you can be confident that your financial data is accurate and on budget.
Forecast Revenue & Cash Flow
Get more precise financial forecasts by managing WIP, AR, AP and Revenue Recognition in the same system.
Accelerate Month-End Closing
When project and financial data are integrated, you no longer have to spend hours reconciling data from spreadsheets or other tools.
Control Agency Costs
- Quickly reconcile invoices and purchase orders
- Capture expenses from anywhere via the WorkBook mobile app
- Automatically post costs to the correct client or project
- Easily track actuals against set budgets to evaluate performance
Boost Cash Flow
- Schedule billing and automatically send invoices to support timely payment
- Schedule reminders and notifications when invoices and payments are due or need approval
- Integrate banking information to pay vendors and reconcile transactions automatically
Manage Working Capital
- Easily manage WIP, AR and AP to get precise cash flow forecasts
- Set up approvals to ensure the most accurate forecast data
- Stay on top of open items throughout the month with automatic Inbox notifications
- Easily make WIP adjustments to ensure accurate revenue recognition
- Get a clear picture of operating income with real-time visibility into agency income and expenditures