Benefits for advertisers and advertising agencies include:
- Cuts paperwork - single credit application that can be accepted by all media providers
- More consistency in media credit terms
- Sequential liability - advertising agency only liable to pay media provider after it receives payment from advertiser
- Secure - application database can only be accessed by users authorized to see the application(s)
- Improves visibility and accountability
- Supports Ad-ID (Advertising Digital Identification) - applications can be pulled by Ad-ID code
- Free - no charge to create or modify an electronic media credit application
Benefits for media providers include:
- Advertiser friendly
- Fast- credit applications available when needed
- Legible
- Supports internal control compliance
- Frees sales team to focus on business development instead of paperwork
- No charge through September 30, 2013 for all media providers who are BCCA members