Commercial
Vendor Invoices
Track amounts payable to media vendors after execution is verified.
⌘ K
Vendor invoices close the supplier side
Vendor-side financial records represent what the agency owes to the media vendor for delivered media activity. The operational record should provide the evidence needed to reconcile the payable amount.
Vendor-side trail
Placement
→Release Order
→Execution
→Verification
→Vendor Invoice
What should be reconciled?
- Vendor and publication/channel.
- Delivered quantity.
- Actual rate or amount.
- Applicable discounts and commercial adjustments.
- Tax treatment.
- Only the activity that is eligible for vendor billing.
Why verification matters
Planned spend is not necessarily payable spend. The vendor invoice should be tied to the activity that was actually delivered and accepted by the operational workflow.