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Elisabeth can generate a month's
worth of client invoices in less than an hour.
Clients & Profits also help
her balance the shop's limited resources. The time-based staff
utilization report show which areas need additional talent,
so Elisabeth can bring the right kind of specialist on board
just in time. She also shares profitability and productivity
reports with the account team, which gives everyone ownership
and responsibility for the work. Since bonuses are now awarded
if the total billing is within the jobs' estimated amounts,
everyone always has a stake in the results. They now know how
they contribute to the agency's bottom line.
A client's partner
EB Wall & Associates isn't
just a hired-on agency. Instead they position themselves as
the clients' partner. Since Clients & Profits tracks both
client and job profitability, it helps identify which clients
make ideal partners.
Prior to implementing Clients & Profits,
the company didn't take the time to do profitability analyses
-- it would have been too time consuming and too complicated
to calculate, Elisabeth says. |
But with Clients & Profits'
reports, she quickly saw which clients monopolized the shop's time
without producing enough profit. "They just weren't the right fit
for our organization," Elisabeth says. She resigned them, and the
agency's been more profitable without them.
But when a client is
the right fit, the relationships are mutually rewarding.
For example, a fifteen-branch regional community bank spent
$60,000 on an IRA services ad campaign and produced $750,000
in new business because of EB Wall's work.
Since installing Clients & Profits
in 1995, EB Wall & Associates has grown from four to nine
employees, moved out of the garage and into a Victorian home-turned-office,
and currently represents nationwide clients in industries such
as e-commerce, furniture, pharmaceuticals, textiles, medicine,
and finance.
The shop continually experiences
double-digit billings' growth every year. "Clients & Profits," Elisabeth
says, "helps us maintain a sane working environment and lets
us grow easily." It's one relationship she's glad she decided
to keep.
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