Digitization has dominated the business processes in the media and publishing industry for many years.
New business areas are emerging, the competition between traditional media companies and digital-only publishers is steadily increasing, and services are converging.
Media companies no longer just offer content and advertising space, but also their own technology solutions.
Financial process automation software – such as that from JustOn – enables media providers to monetize all aspects of their business.
Ad management for the advertising industry and subscriptions for their readers and users can be billed equally in a unified system.
This begins with the mapping of the contract model, continues with automatic invoicing and dunning through to the reconciliation of incoming payments with outstanding invoices and the transfer of data to accounting systems.
Media and publishing companies face these challenges, among others, when billing & invoicing for their services: