Magazine negotiation and buying is a complex process. To help Print Negotiators manage their magazine contracts more effectively, Workhorse created CONTRACT MANAGER.
Contract Management provides a robust repository for all information required to effectively manage print contracts. Magazines, issue dates, rates, and NEP values can be published to the MEDIATOOLS planning database with the click of a button.
Because it’s integrated with the MEDIATOOLS planning database, it’s easy to analyze planned insertion data for earned discounts and adjust rates accordingly.
FEATURES of CONTRACT MANAGER
- Provides a repository for publishers, magazines, editorial calendars, units, NEP, circulation, rate base, and rate information.
- New contracts can be created by selecting a publisher, date range, and list of magazines.
- Contracts can include multiple discount levels as well as planning and open rates.
- Discounts can be based on NEP, gross, net or open dollars.
- Master discounts can be added to a contract and applied to each included magazine.
- Default NEP values can be set for each unit and overridden within a contract.
- “Issue Sets” help manage special issues or rates that change in the course of a contract.
- Planning rates and NEP values are easily distributed to planners with the click of a button.
- Extensive reporting options make it easy to analyze live planning data from the MEDIATOOLS database.
- Report templates are saved so that once an insertion report is defined, it can be easily reused.
- Multiple clients are supported in a single database if required. The security model restricts access to authorized users for a given client.
- Planning and Contract databases can reside at different locations. For example, a CONTRACT MANAGER database at the AOR can connect to a MEDIATOOLS database at the planning agency.
