Running an advertising agency with operations in multiple countries comes with unique challenges, especially if you’re not part of a larger multinational group with robust technological resources. From multi-currency accounting to meeting regulatory requirements across regions, your success hinges on tools that provide visibility and control at every level of your organization.

Solop, our 100% cloud-based ERP, is the perfect solution for advertising agencies with international operations. Tailored for agencies scaling their business and aiming to compete globally, Solop consolidates all your processes into a single, integrated, and adaptable platform.

Why is Solop Ideal for Your Multinational Agency?

1. 100% Cloud-Based Platform

Solop operates entirely in the cloud, ensuring real-time access from anywhere in the world. This empowers your teams to collaborate seamlessly, managing projects and resources regardless of location.

2. Multi-Currency Accounting and Financial Consolidation

• Dual accounting frameworks: Solop enables simultaneous recording in local currency and a global consolidation currency, ensuring accurate “complete” accounting in the consolidation currency, typically the U.S. dollar in Latin America. This approach respects local exchange rate variations, unlike simple currency conversions.
• Automatic consolidation: Simplify financial closings with instant and accurate consolidations.
• Tax compliance: Adapt operations to local tax codes, ensuring each entity meets regional regulations.

3. Centralized Operations Management

With Solop, you can oversee data, accounting processes, and reports from all your subsidiaries in a single platform, offering:

• Real-time visibility into your entire operation.
• Detailed reports combining local and global data.
• Standardized management across all business units.

4. Powerful Integrations

Easily integrate Solop with key tools in the advertising industry, including:

• Rating measurement systems or ad placement monitoring platforms.
• Click-tracking and impression platforms for digital campaigns (AdServers).
• Local banking and financial systems to streamline transactions.

5. Intercompany Transactions Made Easy

For agencies with multiple entities across different countries, Solop features intercompany functionality that detects and automates all transactions between group companies.

6. Organizational Flexibility and Custom Roles

Solop adapts to your agency’s unique structure:

• Manage multiple legal entities, divisions, or brands within one platform.
• Analyze operations from a consolidated level down to specific details.
• Seamlessly switch between organizations with varying fiscal and accounting configurations, all within the same environment.

7. Compliance with International Standards (SOX and More)

In addition to ensuring local regulatory compliance, Solop adheres to international standards like SOX, providing transparency and reliability for your global operations.

Key Benefits for Your Agency

• Faster Financial Closures: Automate financial consolidation to save time and eliminate errors.
• Greater Visibility: Access real-time reports combining data from all subsidiaries.
• Scalability: Solop grows with your agency, adapting to new markets and entities as you expand.

Conquer New Markets with Solop

In a world where advertising knows no borders, neither should your management software. Solop not only simplifies your multinational agency’s operations and finances but also equips you with the tools to make strategic decisions confidently and swiftly.

Ready to take your agency to the next level? Contact us today and discover how Solop can transform your global operations!