It’s pretty confusing out there! Everybody says they do “model management” (including us) so let’s look at what’s really going on…
A quick online search on “model management” will bring up 100+ pages of results, but after you sort out the ones that are about mathematical models, software coding and/or other data modeling, you’re still left with a lot of companies offering software and services that claim to be doing model management.
If you search instead on “model management software” it cuts down the results a little, but not much. However, the top search results using these words are the ones we really want to focus on and compare our solution to — we want to differentiate our “model management software” solution from theirs!
What THEY do (as far as we can tell) is the “Front-Office”
- Model Profile/Record Management (sales – details, stats, etc.)
- Portfolio & Image Management (online & print)
- Booking (sales – the money-making engine!)
- Web Site (sales & marketing) and Content Management
- And other stuff at the front-end of the model management business and process…
What WE do (AgencyMGR) is the “Back-Office”
- Process Confirmed Bookings & Financial Transactions
- Model Profile with Legal/Financial/Tax Details
- Alerts on Visa Expiration/Renewal
- Contract Management, Alerts & Renewals
- Payments to Model & Mother Agency
- Payments to Talent, etc.
- Charge Expenses to Model Accounts
- Accounts Receivable, Client Billing & Collections
- Accounts Payable, Purchase Orders & Vendor Payments
- Bank/Cash Management (integration)
- General Ledger (G/L) Accounting (integration)
- Model 1042/1099 Processing & Reporting
- Tax Management, Filing & Reporting
- Financial Statements (reporting – integration)
In other words, the “front-office” model management solution is the business/sales and marketing engine, while the back-office AgencyMGR solution is where owners, business managers, accountants, lawyers and occasionally the IRS (or other tax authority) will come to for clear, detailed account information on how the business is doing…
And I can tell you we do what we do really, really well! AgencyMGR is proven, stable, fast, functional, audit-ready, transparent, and integrated to world-class, localized (country-specific) accounting!
Want to run better, lower costs, and increase profits at your agency?