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Advertising agency software is a tool to help an ad agency run their business with a mix of marketing, project managing, consulting, data analysis, and more. Ad agency software typically includes features like account reporting, task management, time tracking, client management, and templates and forms.
Advertising agency software might seem like a confusing jumble of features. But running an ad agency requires a broad mix of marketing, project managing, consulting, data analysis and much more. That's why advertising agency software houses such a wide array of capabilities in one cohesive system.
But not all ad agency software is created equal. That's why we've put together this buyer's guide to help you determine what you should look for when choosing your new advertising agency software.
Here's what we'll cover:
Common Features of Advertising Agency Software
Benefits of Adopting Ad Agency Software
Advertising Agency Software Tips for New Buyers
Ad agency software pulls in capabilities from a wide range of existing software options. Its features include those from project management and CRM, as well as a load of specialized reporting and analytics:
Core Features of Advertising Agency Software
Project dashboard | Easily see all projects currently in progress. Sort by account. Drill down based on numerous filters. |
Account reporting | Take a snapshot of all past, active, paused and any proposed projects within a client's portfolio. |
Multi-user interface | Enable numerous users on the same system. Provide different logins for each user. Personalize the permissions and available functionality for different groups of users. |
Task management | Essential to any form of project management. Can apply to tasks both internal and client-facing. Easily assign responsibilities and create accountability. |
Time tracking | Quantify the time spent at each step of a project. Determine benchmarks and set value for the time spent. |
Prospect / Client management | Manage outreach with prospects and clients. Record and track interactions. Automate and schedule regular communications. |
Collaboration | Securely share documents within the company and with clients. Record communication between team members, prospects, and current and past clients. |
Templates and forms | Standardize all internal and external communication with branded forms. This includes initial media inquiries, estimates, purchase orders and invoices. |
Financial Reporting | Translate tasks, projects, and deal wins into revenue drivers. |
The goal of ad agency software is to optimize workflows and processes to make the company more efficient. This helps team members keep focused on big picture goals. Such efficiency also encourages positive client and partner interactions.
The project dashboard and account reporting are key to creating this efficiency. These two features enable a top-down and bottom-up view of what stage all projects are in, who owns them and who they're going to next. This type of insight encourages greater organization, especially when paired with task management and time tracking capabilities that quantify the time spent on each task of each project.
There are a number of specific benefits that come with adopting ad agency software. With ad agency software, you can:
As you can see from the features and benefits listed above, ad agency software can positively transform your business. But not all advertising agency systems will be a fit for your specific needs. You need to be very diligent with the research and work you put into choosing your advertising agency management system. After all, it is the backbone of your business.
The following recommendations will help you better analyze and sift through the vendor landscape. Don't be afraid to ask vendors the tough questions.
We've established some formalized recommendations and best practices for optimizing the selection process. These come from surveying software buyers across industries to find out how they choose the best business software. Some of the most popular tactics small and midsize businesses employ include: