Agency Finance is Broken, Here's How to Fix It with Andrey Baskov episode artwork

EPISODE · Apr 21, 2021 · 21 MIN

Agency Finance is Broken, Here's How to Fix It with Andrey Baskov

from The Agency Profit Podcast · host Marcel Petitpas

Quick Links:The Agency Profitability Toolkit - Get the templates, formulas, and frameworks we've used with our consulting clients to help them double their profitability in under 60 days, absolutely free.For more information on our Agency Profitability Systems and Consulting, check out https://parakeeto.comLove the podcast? Leave us a review on the platform of your choice at this link.Guest Links:LinkedInMetric.ai LinkedInMetric.ai FeaturesAbout Andrey Baskov:Andrey and his team at Metric.ai have been busy building software to analyze and plan financials for agencies and consultancies. Simply put; they take the weight of data management off your shoulders, so you focus on actual planning and decision making.In the business of saving clients literally tens of thousands of dollars in manual management labor costs, Metric.ai gives you tools to increase your profit margin and utilization, potentially recovering hundreds of thousands of dollars of missing profit.When Andrey isn’t saving clients potentially millions of dollars, he’s an avid skydiver (specifically a wingsuit enthusiast), plus he’s on the path to becoming a private pilot. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week, we have the pleasure of talking to the founder of Metric.ai, Andrey Baskov, about the importance of having a solid financial system in place. You see, Andrey and his team connect time-tracking, resource planning, and CRM software – while creating an automated system that tracks and forecasts your revenue, cost, profit, utilization, and other metrics critical for agency success – all in real-time. If that sounds good (and it should), do read on! Points of Interest… Benefits of Properly Structured Financials 2:29 Defining The Differences Between Cash and Accrual Accounting 4:39 Fidelity for Financials 6:44 Employee Growth Inflection Points 10:15 Building Blocks to Optimum Accrual Accounting 12:26 Key Takeaway – The Power of Accrual Accounting Metrics 16:17

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Agency Finance is Broken, Here's How to Fix It with Andrey Baskov

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Quick Links:The Agency Profitability Toolkit - Get the templates, formulas, and frameworks we've used with our consulting clients to help them double their profitability in under 60 days, absolutely free.For more information on our Agency...

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