For this sneak peek video, we are taking a look at how to manage retainers in Deltek TrafficLIVE.
A retainer is a fixed agreement of services or deliverables over a time frame, that are billed evenly each month. The benefit of having a client on a retainer is that there is consistent cash flow coming into your business, as well as guaranteed revenue over a period of time.
The challenge with retainer work is sticking to the scope in the agreement; if it’s not tracked properly you can easily go over budget and as a result, profitability can suffer.
Deltek TrafficLIVE has some specific functionality designed to help agencies manage their retainers effectively.
• Simple Setup
• Informative Reporting
So let’s take a closer look.
To learn more about Deltek TrafficLIVE visit trafficlive.com