In recent times, the rapid advancement of data and digital technologies has been transforming the operational processes of Radio Stations organizations. This evolution is altering the traditional workflow and production management. The proliferation of digital assets in Radio Stations has presented numerous challenges to the supply chain. For entities in the Radio Stations sector, the emergence of new delivery and content channels poses significant challenges related to resource and asset management. Organizations clinging to outdated business management systems may find it challenging to adapt to contemporary ways of conducting business. To remain competitive, Radio Stations entities must seek methods to leverage economies of scale while retaining the ability to differentiate themselves through innovative business management and strategies.
Key Challenges Without ERP For Media Industry
- Lack of real-time visibility of space inventory to sales executives leading to delayed sales confirmation processes.
- Difficulty in real-time order booking while facing customers to avoid delays in order confirmation and delivery.
- Inflexibility in providing rescheduling options in case of missed orders.
- Distribution inefficiencies arising from inaccurate or delayed orders.
Solution With ERP For Media Industry
CRM & Sales
- Lead Management
- Order Management
- Order Dispatch
- After-Sales Service
- Customer Portal
Creative & Scheduling
- Creative Briefs
- Script Management
- Traffic & Scheduling
- Traffic Audit
Finance & Accounting
- Receivables & Payables
- Fixed Assets
- Bank & Cash
- Budgeting & Forecasting
- Management Accounting
- Bookkeeping & Closure
- Consolidation & Reporting
Human Resources
- Workforce Management
- Recruitment
- Talent Management
- Employee Development
- Payroll & Benefits
Our (ERP For Media Industry) Solution For CRM & Sales
- Lead Management
- Track the prospect from the enquiry stage to closure to engage effectively and ensure a long-lasting relationship.
- Analyze leads and pipeline quality based on ticket size, lead sources, closure dates, conversion time, and other custom parameters.
- Set controls and automated actions for opportunity management activities to enhance customer acquisition.
- Order Management
- Customer Portal
Our (ERP For Media Industry) Solution For Creative & Scheduling
- Creative Briefs
- Create customer briefs for every customer need.
- Model questions according to the vision and targets of the client.
- Model proposals according to the brief by the customer.
- Script Management
- Traffic & Scheduling
- Traffic Audit
Our (ERP For Media Industry) Solution For Finance
- Receivables & Payables
- View open receivables and payables based on the period and partners in one click.
- Process payments with manual or automatic reconciliations with ease.
- Manage automated payment follow-ups for customers.
- Handle payments in multiple currencies with currency exchange rates.
- Fixed Assets
- Bank & Cash
- Budgeting & Forecasting
- Management Accounting
- Bookkeeping & Closure
- Consolidation & Reporting
Our (ERP For Media Industry) Solution For Human Resources
- Workforce Management
- Recruitment Management
- Talent Management
- Employee Development
- Payroll & Benefits
Business Benefits Of The Solution (Odoo ERP For Media Industry)
Automate & Streamline Business Processes
- Streamline key business processes of the Radio Station in the process flow like enquiry, brief, quotation, order, production, execution & billing.
- Reduce dependency on manual or unrecorded processes to enhance accountability and transparency.
Strategic Decision Making
- Utilize business intelligence tools to formulate strategic plans and monitor the overall status of the Radio Station.
- Gain an all-round view and tracking of business forecasts, budget performance, proper resource allocation, and goals.
- Combine operational and financial analysis to optimize everyday operations.
Enhance Customer Satisfaction
- Execute orders as per the defined schedule with high quality.
- Provide customers with easy assistance in choosing ad packages, great video content, visibility of the actual run, and rectify in case of missed orders.
Enhance Productivity
- Collaborate across business verticals to combine data, adjust methodologies, and institutionalize operational procedures.
- Increase versatility to process changes by upgrading existing skills and resources with real-time information.
Reduce Operating Costs
- Decrease overall operational costs by converting manual processes into automated & real-time business process management.
- Reduce the cost of sales through the use of profitable sales interaction channels.
Financial Control
- Achieve better visibility into business drivers for cost and revenue.
- Attain increased information accuracy and timeliness.
- Facilitate corporate governance and regulatory compliance by enhancing the delivery of reporting, including dashboards, scorecards, drill-down capability, and ad hoc analysis tools, while reducing platforms, paper, and manual effort.
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