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How Digital Marketing Agencies Scale with Better Spend Management | Summit

Written by Summit Team | Apr 23, 2025 1:38:38 AM

Digital marketing is fast-paced, data-driven, and essential for growth. But behind the creative work lies a web of projects, platforms, and client expectations… all of which need to be tracked and managed financially. For digital marketing agencies in Singapore, staying profitable means more than winning campaigns. It requires visibility into project budgets, control over recurring expenses, and seamless approval processes.

 

What Are Digital Marketing Services?

Digital marketing services cover a wide range of strategies used to grow a brand online. Most agencies offer a mix of: 

  • Search Engine Optimisation (SEO) – Improving website visibility in search engines
  • Pay-Per-Click (PPC) advertising – Running targeted ads on platforms like Google Ads or Meta
  • Social media marketing – Managing and growing brand presence across channels like Instagram, LinkedIn, and TikTok
  • Content marketing – Creating articles, videos, or graphics that engage and convert
  • Email marketing – Building automated email campaigns to nurture leads or retain customers
  • Influencer marketing – Partnering with creators to promote products through authentic content

 Agencies may also offer branding, analytics, and creative production services often in partnership with creative studios or internal content teams.

 

Why Businesses Use Digital Marketing Agencies

Hiring a full-service agency offers more than just execution. It gives businesses access to specialist knowledge, premium tools, and the ability to scale campaigns without increasing headcount.

 Key advantages include:

  • Expertise across platforms and industries
  • Scalability with flexible team resourcing
  • Better ROI tracking through campaign analytics
  • Faster turnaround times, especially for multi-channel campaigns
  • Access to paid tools like SEO suites, ad tech, and reporting dashboards

It’s also common for agencies to manage clients’ full marketing budgets - including ad spend, production, and software licenses - making financial transparency and tracking critical to maintaining trust.

 

Challenges in Running a Digital Marketing Business

While clients see the polished campaigns and creative output, the behind-the-scenes reality of running a digital marketing agency is often far more complex—especially when it comes to managing finances across multiple campaigns, platforms, and clients.

1. Project-Based Billing

Most digital marketing engagements are not retainer-based. Instead, they’re scoped around specific deliverables - such as a three-month PPC campaign, a website redesign, or a one-off influencer partnership. These are often billed per milestone or completed task.

 The challenge? Without accurate time tracking and cost attribution, agencies struggle to understand actual margins. Staff may spend more hours than estimated, tools may exceed budget, or revisions may stretch the timeline yet the invoice amount stays fixed. If finance can’t reconcile time, cost, and revenue per project, profitability slips away unnoticed.

2. Multi-Client Budget Tracking

No two clients are the same. Each comes with its own budget caps, payment terms, contract timelines, and sometimes specific rules about how funds can be spent. Add overlapping campaigns and various internal teams managing them, and you’ve got a real visibility problem.

Finance teams must track spend per client in real time, while also ensuring compliance with the client’s scope of work. When campaigns exceed budget or services go out of scope without internal controls, agencies risk underbilling or worse, damaging client trust.

3. Recurring Tools and Subscriptions

From SEO platforms and ad analytics dashboards to design software and content schedulers, most agencies rely on a stack of SaaS tools to operate efficiently. But without a central system to monitor these subscriptions, finance teams often discover:

  • Tools with overlapping functionality
  • Forgotten or unused subscriptions still charging the card
  • Vendor price increases going unnoticed
  • Team members paying for tools individually with little accountability

Without proactive spend visibility, tool bloat becomes a hidden drain on profitability.

4. Disjointed Approvals and Manual Admin

Despite being tech-savvy, many agencies still manage finance approvals through email chains, shared inboxes, or Slack threads. Vendor invoices, freelancer fees, and campaign ad spends often float through multiple channels before getting signed off if they’re approved at all. 

This creates delays, miscommunication, and lack of documentation for audits or client reporting. When finance teams are left chasing down receipts, clarifying invoice details, or retroactively categorising expenses, admin time goes up and accuracy goes down.

To overcome these hurdles, agencies need more than creative tools. They need systems that connect campaign execution with financial accountability ensuring project success doesn’t come at the cost of profitability.

Summit’s spend management platform gives agencies the tools to automate approvals, track spend by project or client, and gain the real-time insights needed to grow with confidence.

 

Tools and Tech That Support Agencies

Agencies thrive on the right mix of creative and operational tools. While campaign and project delivery tools are essential, finance software often lags behind. Here’s what every growing agency needs:

  • Campaign analytics platforms like Google Analytics, Meta Ads Manager, and HubSpot for performance insights
  • Project management tools like Asana, Trello, or Notion to track deliverables and team capacity
  • Spend management software to control budgets, automate invoice approvals, and track recurring SaaS spend across campaigns and clients

 These tools reduce manual work, improve visibility, and make it easier to scale without compromising financial accuracy. Learn more about managing agency costs in our article on the benefits of expense management for service businesses.

 

How Summit Helps Digital Marketing Agencies Stay in Control

Summit gives marketing agencies the financial control they need to grow confidently. You can: 

  • Track project budgets in real time, grouped by client, campaign, or department
  • Automate invoice approvals for vendors, tools, and freelancers, with routing rules based on spend value or team
  • Manage SaaS subscriptions, creative production costs, and influencer payments all in one place
  • Enforce spend policies to prevent overspending and ensure accountability across departments

Our platform integrates easily with your existing tools, helping your team stay creative while the finance side runs smoothly in the background.

 

Ready to simplify your finance workflows and scale your agency with confidence? Talk to us today to see how Summit supports modern digital marketing businesses.