A Closer Look at ePay

FastPay is the media industry’s leading payments processing solution, working with agencies nationwide to help them streamline, secure, and monetize their invoicing and reconciliation processes.

By partnering with FastPay, you are able to monetize the last mile of your media payments while saving time and money by eliminating manual workflows.

Acing the Agency Account Review with FastPay and Workamajig

With large accounts like Coca-Cola, Meta, and Volkswagen reevaluating their agency of record recently, there’s no sign of agency reviews slowing down. According to a Forrester Pulse Survey conducted last August, 41% of marketers said they would review their media business this year. Is your agency ready?

Join FastPay and Workamajig for a panel discussion with media industry consultants Vince Dong and Zach Rosenburg, where we’ll discuss the best tactics for successful agency reviews and what tools you should be using to streamline your operations, increase cash flow, and stand out in the process.

Best Practices for Efficient Media Buying with FastPay and Freewheel

While managing advertising and media buying in-house brings your team more transparency and control, it can be a time-consuming and costly process.  With the right strategy and tools, you can optimize your team’s workflow and cashflow.  

FastPay recently teamed up with Freewheel to host a client panel discussion about in-house advertising, media buying best practices and the game-changing technology implementations they’re taking advantage of. Our own Rick Weir moderated the conversation with panelists from Jerome’s Furniture, Graham Oleson, and Freewheel, diving deep into insights from both the brand and agency perspectives on the state of the industry and best practices.

Agency Financial Health Panel: Growth During an Uncertain Time

With rising inflation, continued supply chain concerns, and the ongoing conflict in Ukraine, talks of a recession are hard to escape. While the advertising industry was initially predicted to have a year of record growth, it’s time to switch gears and evaluate how agencies can streamline operations in preparation for economic uncertainty. In this webinar, FastPay will explore insights from their 2022 Agency Financial Health Report. Joined by a panel of 4A’s member agencies, the benchmark data will provide a foundation for an in-depth discussion on a wide range of agency financial concerns, including cash flow, security and fraud, hiring challenges, and operational best practices.

FastPay at 4A’s MPF

FastPay was a proud sponsor of the 4A’s MPF conference in Chicago last week, where agency leaders and entrepreneurs came together to discuss the challenges facing the media industry. The members only event offered an intimate setting to learn best practices to evolve agency operations during this unpredictable time – with some famous mini Chicago dogs and caramel corn to enjoy between sessions.  

We had the pleasure of connecting with attendees throughout the event to discuss how FastPay ePay is a gamechanger for agency operations, easily integrating with existing accounting system workflows for improved efficiency across the board. The happy hour was a perfect way to wrap up day one and discuss our favorite takeaways from the sessions. 

Team members Mike Scherr and Grant Dugger manning the booth during happy hour.

 

 

Check out the post-event webinar “Agency Financial Health Panel: Growth During an Uncertain Time” where we discussed insights from our 2022 Agency Financial Health Report and the best ways to prepare for the year ahead. 

 

FastPay at Media Finance Focus: Blue Skies Ahead

The FastPay team was thrilled to make it out to Tampa, Florida to sponsor Media Finance Focus this past week. With dozens of innovative sessions, distinguished keynote speakers, interactive industry roundtables, and networking events, MFF provided a much-anticipated opportunity to learn from and chat with media and finance experts across the US.  

While the week’s keynote speaker presented what seemed like a never-ending list of global challenges including continued supply-chain delays, the conflict in Ukraine, and climate catastrophes (quite a tall share for a Tuesday morning breakfast), we here at FastPay are here to lend an optimistic hand. In fact, during our panel, The Value of Data in the AR Process, we spoke to CFOs and Finance directors who are pressing for more automation to streamline their cash application and receivables process and are seeing major successes. This session touched upon the entire accounts receivables process and the availability of tools, data feeds, reporting and automation available today. The session ended with a positive outlook for the rest of 2022 regarding media spend but panelists stressed the need for better workflows to manage what some predict to be a challenging 2023. A big thanks to our panelists for joining us in this very necessary discussion.  

We had such a great time at Media Finance Focus and are looking forward to reuniting next year in our hometown of Los Angeles! 

To learn more about how FastPay can improve payments for your company, contact our sales team at fastpaysales@avidxchange.com. 

FastPay at AAPC Pollies in San Juan, Puerto Rico

The FastPay team was excited to sponsor and attend this year’s AAPC Pollies, the political consulting event of the year. This year’s ceremony was particularly special as it kicked off in San Juan, Puerto Rico, providing a bit of respite before midterm elections commence. Political consultants, media buyers, public affairs specialists, suppliers, industry leaders, and journalists came together to not only learn but started the week with a community impact project in the heart of San Juan.  

Attendees also participated in their choice of three FastPay led adventures including a walking tour of Old San Juan, a Ron del Barrilito Rum Tasting, and horseback riding in the El Yunque National Rainforest. The week ended with an opportunity for participants to recognize one another at the Pollies Award Ceremony. We are so proud of our FastPay customers who took home a total of 63 Pollies!   

 

 

With 2022 projected to yield the most expensive midterm election in history, FastPay is leading the way in revolutionizing political media payments. We’ve put together must-have platform enhancements for political agencies including seamless Strata integration, automated overnight checks, and support for payments to digital media suppliers. Learn more about how FastPay Political can streamline your media payment process today.  

FastPay at Mirren Live: Building Better Agencies

The FastPay team was thrilled to make it out to Barkley in Kansas City to sponsor Mirren Live this past week. Not only did we enjoy the world-famous BBQ (still craving burnt ends anyone?), but connecting with our advertising community in-person after two years of mostly virtual events was equally wonderful. With 700 agencies coming together both virtually and in-person, nearly 65 speakers, and 35 sessions, Mirren Live was an invaluable opportunity to learn from and chat with industry leaders on the best ways to optimize agency growth. 

FastPay CMO Rick Weir speaking on Mirren Live's Streamlining and Accelerating Your Operations: Strategies and Tools panel

FastPay CMO, Rick Weir, speaking on the Streamlining and Accelerating Your Operations: Strategies and Tools panel.

 

We connected with attendees throughout both days of the conference and shared the value FastPay ePay can bring to agency accounts payables teams looking to streamline and automate their payments process. Our very own CMO, Rick Weir, shared insights on the benefits of increasing operational efficiencies through automated payments on the “Streamlining and Accelerating Your Operations: Strategies and Tools” panel. In a time of economic uncertainty, FastPay ePay is here to free up resources while fitting into existing media buying and accounting system workflows, for happier and more efficient agency accounting teams. 

 

We had such a great time at Mirren Live and are looking forward to reuniting next year! 

To learn more about how FastPay can improve payments for your company, contact our sales team at fastpaysales@avidxchange.com. 

 

FastPay at ANA AFM: Powering Your Payables

After two long years, we were a sponsor at ANA’s annual Advertising Financial Management Conference held in Orlando, Florida this past week. Nearly 300 attendees came together from across the country to listen to powerful perspectives on the ever-evolving media landscape and how organizations are maximizing their profits.  

Attendees stopped by our booth between sessions to learn about the increased efficiency that comes with using the FastPay platform. We discussed how FastPay ePay seamlessly automates and optimizes your accounts payables, for improved workflow and streamlined payments. FastPay ePay is an essential tool for those looking to modernize their AP department.  

 

 

We enjoyed connecting with and learning from key advertising financial stakeholders who are shaping the industry and are looking forward to more conferences to come!  

To learn more about how FastPay can improve payments for your company, contact our sales team at fastpaysales@avidxchange.com.