Project Accounting Software for an Ad Agency?
I am working with a startup ad agency that has some very large clients for some large, complex projects.
Many of their projects are subcontracted to other vendors and to crowdsourcing platforms, which makes the management of their invoicing/revenue recognition/etc process pretty complicated.
Anyone have any ideas for good project accounting software? Thanks much in advance..
Jim
Software Project Management Accounting
3 Answers
You might want to look at http://www.freshbooks.com/. They offer invoicing, time tracking and accounting. They also offer different packages and you can try them out for free. It's a good choice to get started.
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Freshbooks is great, they have team time tracking and a some other new features that really help keep the crazy work load in order. +1 – Gabriel 14 years ago
Find an ad agency project management application (with subcontractor capability) that interfaces with an accounting program (Quick Books may be a candidate because of the popularity.). This gives you the best of both tools and minimizes any duplicate data entry.
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Thanks Jeff. I'm not positive that QB has project accounting capabilities, and I was wondering if anyone knew of a good ad agency project management application...from all of their previous jobs at large agencies, they had internally developed software. – Jim Shook 14 years ago
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I'm sure there are a lot of construction contractors that deal with subcontractors in QB. There may not be a specific version but the concept is the same. – Jeff O 14 years ago
it sounds like you are dealing with a lot of different people doing a lot of different things, that all need to be kept track of for accounting purposes. Without knowing the rest of your system specs, Jeff may have the best advice, which would be to find a local technology expert who specializes in accounting software. I'd almost recommend a Cloud type of alternative which would allow users in multiple locations to update billing, but that may be more hassle in the long run.
Best of luck to you tho, and sorry I couldn't have been more help. I will be curious to see what you decide on.
