Worldwide Leader in Project Management Software Offers New Resource to Help Determine Hard and Soft Dollar Costs
Anthem, AZ—October 5th, 2016 — Workamajig, the worldwide leader in integrated software for ad agencies and others in the creative and design industries, today announced it has a developed a resource the help agencies measure and track the costs associated with new creative projects. Budgeting Template: Hard and Soft Dollar Costs is available for free download here.
Complete and accurate financials help creative agencies decide which projects to take on and determine how to complete those projects profitably. Accurately measuring the hard and soft dollar costs of a new creative project provides a basis for calculating a return on investment, thus allowing agencies to compare and improve performance on similar projects in the future. Workamajig’s budget template, built in spreadsheet format for easy use, helps agencies accurately chart the hard and soft dollar costs of a new creative project: The costs the template covers are:
- Equipment rental
- Design materials
“Agencies must know their financial position if they want to improve it through good business decisions,” says Ron Ause, Workamajig’s Director of Marketing. “The more efficient your budget planning becomes, the more profitable your agency—and its projects—will be. Our new template is a simple but powerful resource to measure costs and improve the profitability of your projects.”
Agencies interested in learning more about Workamajig can request a demonstration by visiting https://www.workamajig.com/request-a-demo.
Workamajig, one of the first Web-based, cloud-enabled project management systems, helps meet the transient needs and challenges faced by advertising agencies, design studios, in-house creative departments, and public relations firms to deliver results before deadline with available staff and resources. For more information, visit https://www.workamajig.com.