Finance-/Compliance Auditing

Accuracy of settlements, passing on client- and agency-related benefits, involvement of third parties, conflicts of interest, lack of transparency, …

Many branded goods companies doubt whether they are treated fairly by media and agencies. Agencies generally represent an independent economic level in the value chain together with the media and their marketers; client fees are only part of the agency’s income. Given this situation, CMOs and other budget holders have the duty to ensure that funds are used and invoiced “compliantly,” that is, in accordance with contractual agreements.

Financial and compliance audits conducted by Kollat Media Team provide advertisers with this assurance. Sometimes everything is correct except for minor issues; other times, significant claims may arise.
Ultimately, such audits also help ensure a constructive and trust-based collaboration between client and agency.

When changing agencies, “exit audits” give clients quick and efficient certainty that they have received all services due to them and can assert any claims in due time.

For more than two decades, Kollat Media Team has successfully conducted such audits for renowned branded goods companies, both nationally and internationally. Our consultants have the necessary long-standing, specialized audit and media experience to effectively support our advertising clients in their complex relationships with agencies and media.

In all audits, clear recommendations for action are provided on how future contracts can be structured in the best interest of the advertiser. In cases where discrepancies are found, we assist our clients in enforcing their claims.