Tempora is experiencing further growth in its core market of marcoms and creative agencies, with recent client wins including PR firms Hue & Cry, The Outfit, Carousel PR and Lotus UK. Tempora’s online platform allows marcoms and creative agencies to simplify their financial management processes.
Tempora’s time-tracking tool, which is available as an app and on desktop, allows agencies to keep an accurate record of the hours spent on client projects. The digital agency's 'Cost & Profit' module then enables the easy identification of over and under-servicing per client and project. All four agencies are also using Tempora’s Absence Management tool to automate their leave booking processes. To add to this, Tempora’s PROMPT feature can ensure timesheets are in on time, every time.
With uncertain economic waters surrounding Brexit, businesses are keenly aware that efficiently tracking staff time and measuring the profitability of their work is even more crucial. Tempora provides an ideal way for agencies to improve performance and maintain sustainable growth whatever the wider financial climate, which is why David Spencer, former finance director at Bartle Bogle Hegarty (BBH), explained that “One of the main reasons for our above-average profit margins is our ability to monitor client profitability using Tempora.”
Stuart Smith, commercial director at Tempora, said: “All agencies need to be watching their account over-servicing. It’s one of the easiest ways to increase profitability. We are delighted to add these four highly successful agencies to our platform and we look forward to working with each of them to add genuine value to their financial management processes as they continue to go from strength to strength.”
For 15 years, Tempora has been servicing large agencies like M&C Saatchi, BBH, Mother and Starcom, and for the last two , it has also been made available as an online tool, providing an effective and affordable solution for agencies with anywhere from 10 to 100 staff. Hue & Cry, The Outfit, Carousel PR and Lotus UK are a few of the latest agencies to take advantage of this proven technology.