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POWERING GLOBAL
PARTNER PAYMENTS
CASE STUDY: CONTENT.AD
Streamlining payment processes improves publisher
relationships and enables unprecedented growth
In any “network economy” business model, scalability is one of the key
drivers to building a successful, sustainable ecosystem. With
Content.ad, publishers earn revenue by featuring high quality
sponsored content relevant to their audience. As a direct response
network serving more than 25 billion content recommendations a
month, the more people clicking on content, the more publishers make.
And the more high quality publishers the network has happily working
with them, the more likely that advertisers will choose Content.ad over
other content ad platforms.
While an ad network is a common ad tech business model, partner
execution and network quality are vital. That said, not all networks are
created equal.
“We strive to have a deeper connection with our publisher partners,”
says Jeffrey Magliola, VP of Operations at Content.ad. “Because of
that, publisher service and goodwill are constantly top of mind. We’re
not the largest network, and that’s a good thing in the minds of our
publishers. We can work more closely and directly with them to
maximize the potential for both sides.”
Working directly with more than 3,000 active publishers seems
ambitious, especially for a company of their size. Add to the fact that
even though much of their content is English‐only, many of their
publishers are overseas making the complexity and efficiency of such
relationships staggering. One of the primary issues as the company
scaled was determining how to pay all these publishers every month.
“Paying publishers would take a week just to initiate and track payments, as well
as send checks or PayPal. And we’d spend two days a month investigating and
resolving payment issues. Now we’re able to do this all in one‐fifth the time.”
Jeffrey Magliola, VP of Operations
1
Content.ad scales ad network to expand
global publisher reach
Automate Global Mass Partner Payments www.tipalti.com @tipalti
Company Type:
Content Ad Network
Founded:
2012
Location:
Irvine, California
Partners:
Over 3,000 active
Value Proposition:
Content.ad is a global platform that
matches publishers and promoted
content to generate high revenue and
conversion rates through a CPC (cost per
click) model. Content is curated and
matches the publisher’s site to engage
visitors and improve click through.
ROI:
Achieved significant productivity without
adding full time employees.
“Cutting checks, hunting down banking information, and
reconciling payments is a full time job that no one really
wants to do,” remarks Magliola. Payments were in the form
of manual checks or PayPal and took three people to
process. That was before they turned their focus on scaling
the business. At the same time, publishers were asking for
greater payments choice and even more attention.
Says Magliola: “We were either going to hire several more people
to manage publisher payments or we would have to find a
better way.”
Some of Content.ad’s higher volume publishers could reach
six‐figures in terms of payments, making it critical to keep those
elite publishers happy. Those elite publishers wanted more
payment options beyond slow checks or the hassles of money
transfers from PayPal and they wanted payment in their
currency. They also preferred shorter terms thresholds.
For smaller publishers, making payments to them also added
complexity. Small payments take just as much work as large
ones, but the cost‐benefit to Content.ad isn’t the same.
Content.ad wasn’t positioned to support for wire transfers
(which are faster) or ACH direct deposit transfers (which require
more publisher banking information and interfacing). The
company also wasn’t geared to execute additional, staggered
payout processes for high and low volume partners.
Automation as the Key to Scalability
The Content.ad team understood that automating the payment
process was the only way to successfully grow the business.
Initially they started working on developing some of their own
tools to try and solve the problem. “We looked around for
solutions, but couldn’t find anything, and even started building
parts of it ourselves and had the beginnings of a raw solution,”
remarks Magliola. “But Tipalti was a natural fit, and we never had
to go any further with a custom platform.”
And it came at the right time. There were many other finance and
accounting initiatives Content.ad was working on and manually
dealing with payment issues took up valuable resources. Says
Magliola: “We had credit card pay‐in processes that were
pressing. We were integrating our systems with NetSuite. Plus
our controller was going on maternity leave.”
Burdened by Network Payment Processes
2
For More Information:
POWERING GLOBAL
PARTNER PAYMENTS
Automate Global Mass Partner Payments www.tipalti.com @tipalti
CASE STUDY: CONTENT.AD
“To be more competitive, there are a hundred different
enhancements we want to work on to scale our business,”
he adds. “Tipalti has taken away the complexity of global
payments, provided a self‐service platform to publishers,
and is streamlining our accounting process so we can focus
on more pressing projects.”
Smooth, Painless Implementation
And how was the process for getting set up on Tipalti? “The
whole Tipalti team is easy to work with,” says Magliola.
“Everyone is knowledgeable and helpful.”
The most valuable benefit has been the ease of submitting
payments and payment options for publishers. Through Tipalti,
Content.ad currently allows their publishers to choose ACH,
paper check, eCheck (international ACH), PayPal, and wire
transfer. Publishers also have the option to choose to hold their
payments until a certain threshold to minimize fees. To date,
about one‐third of Content.ad’s publishers are using the new
payment options.
“Tipalti has significantly increased our productivity,” says
Magliola. “Paying publishers would take a week just to initiate
and track payments, as well as send checks or PayPal. And we’d
spend two days a month investigating and resolving payment
issues. Now we’re able to do all this in one‐fifth the time.”
At first, Magliola was hesitant to use Tipalti’s optional brandable
IFRAME as the publisher payee portal. But after a few
discussions on how customizable Tipalti was to Content.ad’s
own brand look & feel and the level of development they would
have to take on if they developed a custom portal themselves, it
became clear the IFRAME portal was the best, most
cost‐efficient choice. Their publishers now register and get
payment status by visiting the payment portal embedded within
Content.ad’s site and the feedback has been very positive.
One interesting point during implementation: the finance team
had initially considered continuing to manually process PayPal
payments because they wanted to draft from a credit card. But
once it was clear how simple the platform was to use
(particularly when it came to 1099 tax reporting), they deployed
all payments from Tipalti and have never looked back.
Continuous Growth
Content.ad continues to pursue its growth strategy. The ad
network is on track for 250% growth in 2015 in terms of click
volume. To become more competitive, they’re working to create
shorter payment terms beyond the standard Net 30. The
company hopes this will give publishers even more reason to
work with them and ramp up traffic.
“Tipalti is always on top of what their customers need in both
service and technology,” remarks Magliola. “They’re a high touch
service and always consider the issues we’re having around our
processes and strategy beyond what’s currently in their product.
And our publishers get what they want, which is more flexible
payment options and a strengthened relationship with
Content.ad.”
Solutions to Improve Fraud Control
To maintain a high quality publisher network, Content.ad is
proactive in identifying fraudulent publishers. Along with existing
systems and processes it has in place, the company also added
Tipalti’s multi‐factor authentication (MFA). With MFA, the
onboarding process for publishers requires them to provide a
mobile phone number so they can receive an authentication code
via SMS to enter during registration. MFA was something
Magliola had considered developing themselves, but after a
meeting with Tipalti CEO Chen Amit and Tipalti COO Eran Karoly,
they appreciated that MFA was already integrated the system.
He also adds that identifying fraudsters is an ongoing issue
because once a bad actor believes they have a process to scam
the network, they continue to try it under new and different
identities. For that, Magliola is grateful for Tipalti’s approach to
MFA as well as in their risk management module (RMM), which
can also help eliminate fraud.
“Tipalti has taken away the complexity of global
payments, provided a self‐service platform to publishers,
and is streamlining our accounting process so we can
focus on more pressing projects.”
Jeffrey Magliola, VP of Operations
3
For More Information:
POWERING GLOBAL
PARTNER PAYMENTS
Basel St. 50
Herzliyya, Israel
+972-9-8941388
505 Hamilton Ave., Suite 230
Palo Alto, CA 94301 USA
+1 (408) 481-9730
sales@tipalti.com
4195 E. Thousand Oaks Blvd., Suite 235
Westlake Village, CA 91362
+1 (818) 292-8726
www.tipalti.com
@tipalti
© Tipalti, 2015
Contact Us
CASE STUDY: CONTENT.AD

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Tipalti-CS-Content.ad

  • 1. POWERING GLOBAL PARTNER PAYMENTS CASE STUDY: CONTENT.AD Streamlining payment processes improves publisher relationships and enables unprecedented growth In any “network economy” business model, scalability is one of the key drivers to building a successful, sustainable ecosystem. With Content.ad, publishers earn revenue by featuring high quality sponsored content relevant to their audience. As a direct response network serving more than 25 billion content recommendations a month, the more people clicking on content, the more publishers make. And the more high quality publishers the network has happily working with them, the more likely that advertisers will choose Content.ad over other content ad platforms. While an ad network is a common ad tech business model, partner execution and network quality are vital. That said, not all networks are created equal. “We strive to have a deeper connection with our publisher partners,” says Jeffrey Magliola, VP of Operations at Content.ad. “Because of that, publisher service and goodwill are constantly top of mind. We’re not the largest network, and that’s a good thing in the minds of our publishers. We can work more closely and directly with them to maximize the potential for both sides.” Working directly with more than 3,000 active publishers seems ambitious, especially for a company of their size. Add to the fact that even though much of their content is English‐only, many of their publishers are overseas making the complexity and efficiency of such relationships staggering. One of the primary issues as the company scaled was determining how to pay all these publishers every month. “Paying publishers would take a week just to initiate and track payments, as well as send checks or PayPal. And we’d spend two days a month investigating and resolving payment issues. Now we’re able to do this all in one‐fifth the time.” Jeffrey Magliola, VP of Operations 1 Content.ad scales ad network to expand global publisher reach Automate Global Mass Partner Payments www.tipalti.com @tipalti Company Type: Content Ad Network Founded: 2012 Location: Irvine, California Partners: Over 3,000 active Value Proposition: Content.ad is a global platform that matches publishers and promoted content to generate high revenue and conversion rates through a CPC (cost per click) model. Content is curated and matches the publisher’s site to engage visitors and improve click through. ROI: Achieved significant productivity without adding full time employees.
  • 2. “Cutting checks, hunting down banking information, and reconciling payments is a full time job that no one really wants to do,” remarks Magliola. Payments were in the form of manual checks or PayPal and took three people to process. That was before they turned their focus on scaling the business. At the same time, publishers were asking for greater payments choice and even more attention. Says Magliola: “We were either going to hire several more people to manage publisher payments or we would have to find a better way.” Some of Content.ad’s higher volume publishers could reach six‐figures in terms of payments, making it critical to keep those elite publishers happy. Those elite publishers wanted more payment options beyond slow checks or the hassles of money transfers from PayPal and they wanted payment in their currency. They also preferred shorter terms thresholds. For smaller publishers, making payments to them also added complexity. Small payments take just as much work as large ones, but the cost‐benefit to Content.ad isn’t the same. Content.ad wasn’t positioned to support for wire transfers (which are faster) or ACH direct deposit transfers (which require more publisher banking information and interfacing). The company also wasn’t geared to execute additional, staggered payout processes for high and low volume partners. Automation as the Key to Scalability The Content.ad team understood that automating the payment process was the only way to successfully grow the business. Initially they started working on developing some of their own tools to try and solve the problem. “We looked around for solutions, but couldn’t find anything, and even started building parts of it ourselves and had the beginnings of a raw solution,” remarks Magliola. “But Tipalti was a natural fit, and we never had to go any further with a custom platform.” And it came at the right time. There were many other finance and accounting initiatives Content.ad was working on and manually dealing with payment issues took up valuable resources. Says Magliola: “We had credit card pay‐in processes that were pressing. We were integrating our systems with NetSuite. Plus our controller was going on maternity leave.” Burdened by Network Payment Processes 2 For More Information: POWERING GLOBAL PARTNER PAYMENTS Automate Global Mass Partner Payments www.tipalti.com @tipalti CASE STUDY: CONTENT.AD
  • 3. “To be more competitive, there are a hundred different enhancements we want to work on to scale our business,” he adds. “Tipalti has taken away the complexity of global payments, provided a self‐service platform to publishers, and is streamlining our accounting process so we can focus on more pressing projects.” Smooth, Painless Implementation And how was the process for getting set up on Tipalti? “The whole Tipalti team is easy to work with,” says Magliola. “Everyone is knowledgeable and helpful.” The most valuable benefit has been the ease of submitting payments and payment options for publishers. Through Tipalti, Content.ad currently allows their publishers to choose ACH, paper check, eCheck (international ACH), PayPal, and wire transfer. Publishers also have the option to choose to hold their payments until a certain threshold to minimize fees. To date, about one‐third of Content.ad’s publishers are using the new payment options. “Tipalti has significantly increased our productivity,” says Magliola. “Paying publishers would take a week just to initiate and track payments, as well as send checks or PayPal. And we’d spend two days a month investigating and resolving payment issues. Now we’re able to do all this in one‐fifth the time.” At first, Magliola was hesitant to use Tipalti’s optional brandable IFRAME as the publisher payee portal. But after a few discussions on how customizable Tipalti was to Content.ad’s own brand look & feel and the level of development they would have to take on if they developed a custom portal themselves, it became clear the IFRAME portal was the best, most cost‐efficient choice. Their publishers now register and get payment status by visiting the payment portal embedded within Content.ad’s site and the feedback has been very positive. One interesting point during implementation: the finance team had initially considered continuing to manually process PayPal payments because they wanted to draft from a credit card. But once it was clear how simple the platform was to use (particularly when it came to 1099 tax reporting), they deployed all payments from Tipalti and have never looked back. Continuous Growth Content.ad continues to pursue its growth strategy. The ad network is on track for 250% growth in 2015 in terms of click volume. To become more competitive, they’re working to create shorter payment terms beyond the standard Net 30. The company hopes this will give publishers even more reason to work with them and ramp up traffic. “Tipalti is always on top of what their customers need in both service and technology,” remarks Magliola. “They’re a high touch service and always consider the issues we’re having around our processes and strategy beyond what’s currently in their product. And our publishers get what they want, which is more flexible payment options and a strengthened relationship with Content.ad.” Solutions to Improve Fraud Control To maintain a high quality publisher network, Content.ad is proactive in identifying fraudulent publishers. Along with existing systems and processes it has in place, the company also added Tipalti’s multi‐factor authentication (MFA). With MFA, the onboarding process for publishers requires them to provide a mobile phone number so they can receive an authentication code via SMS to enter during registration. MFA was something Magliola had considered developing themselves, but after a meeting with Tipalti CEO Chen Amit and Tipalti COO Eran Karoly, they appreciated that MFA was already integrated the system. He also adds that identifying fraudsters is an ongoing issue because once a bad actor believes they have a process to scam the network, they continue to try it under new and different identities. For that, Magliola is grateful for Tipalti’s approach to MFA as well as in their risk management module (RMM), which can also help eliminate fraud. “Tipalti has taken away the complexity of global payments, provided a self‐service platform to publishers, and is streamlining our accounting process so we can focus on more pressing projects.” Jeffrey Magliola, VP of Operations 3 For More Information: POWERING GLOBAL PARTNER PAYMENTS Basel St. 50 Herzliyya, Israel +972-9-8941388 505 Hamilton Ave., Suite 230 Palo Alto, CA 94301 USA +1 (408) 481-9730 sales@tipalti.com 4195 E. Thousand Oaks Blvd., Suite 235 Westlake Village, CA 91362 +1 (818) 292-8726 www.tipalti.com @tipalti © Tipalti, 2015 Contact Us CASE STUDY: CONTENT.AD