ADVERTISING AGENCY
ACCREDITATION – WHAT DOES ACCREDITATION MEAN?
Accreditation is a verification of an agencies sustainability and stability. It means that the agency has met the criteria for accreditation and provided security for their dealings with media owners. It also means that the agency is monitored on a monthly basis and that they are in good standing with the media owners who they are doing business with. For advertisers and marketers it is a form of assurance that their agency has the ability to get their advertising campaigns into the media across various platforms.
This accreditation gives Media Owners the comfort they need, to know that agencies are being monitored and verified by an independent company and that there is some security in place. It gives the agency the confidence to play in this industry with the knowing that they are credible and committed to making a success of their business.
BENEFITS OF ACCREDITATION
 | Ease of Admin for the Agency and Media Owners. |
| Credibility That the Business is Not a “fly-by-night.” |
| An Extra Set of Eyes to Pick up Potential Risks in the Business. |
| Convenience of Providing One Security to be Managed Instead of Many. |
| Confirmation of Accreditation for Advertisers and Marketers. |
| Benchmarks and Best Practices to Help Agencies Stay on Track With Their Suppliers’ Payments and Customers’ Debts. |
| An Extra Set of Eyes to Pick up Potential Risks in the Business. |
| Simplified Barriers of Entry for Newcomers That Are Serious About Surviving in This Competitive Market. |
HOW TO APPLY FOR ACCREDITATION
To apply, the agency must meet the following criteria:
Have at least three clients
Be willing to provide some form of security
Be willing to let your clients be credit vetted by CoreXalance
Step 1: Contact Tanya Meyer if you would like to apply.
Step 2: Submit the Application, and send through all the supporting documents (page 5 of application) to tanya@corexalance.co.za
Step 3: Pay the administration fee of R13 167 INCL. VAT
Step 4: Your application will then be submitted for review and approval by CoreXalance, where after the MCC Board will confirm whether they are happy with the security.
Step 5: You will receive feedback and may then celebrate your Accreditation, or be asked to provide additional information.
Step 6: Receive Accreditation Certificate.
Step 7: Send in your monthly returns.
Step 8: Renew your accreditation every three years.
XTRACT CREDIT VETTING
Do you know who you are doing business with? Now morethan ever, credit vetting is a crucial part of any starting business relationship between a debtor and a creditor. We have developed a relationship friendly credit application (in terms of the National Credit Act and the Consumer Protection Act) called a “Relationship Application” (RA).
Your local or international client will simply need to complete the RA where after we will do the credit vetting on your behalf. All information regarding you client is extracted from various sources and consolidated into an easy to read format called the “Xtract Fact File”. This Xtract gives you all the information you would need when making business decisions about debtors.
WHAT ARE THE BENEFITS OF USING XTRACT CREDIT VETTING?
Default Monitoring
Industry Trends (if available)
Quick Decision Making Fact File
Credit Scoring
Comfort of Knowing Who you are Doing Business With
Default Monitoring
Industry Trends (if available)
Quick Decision Making Fact File
Credit Scoring
Comfort of Knowing Who you are Doing Business With