The folks at Wrapbook have beautifully articulated some of the challenges with traditional Production Accounting platforms.
The Problem
On any production, payroll and accounting are closely linked. Data from payroll makes up a significant portion of a production’s budget, of course, and knowing who has—and has not—been paid is essential to getting an accurate, up-to-date picture of a project’s financials.
While this is a Case Study conducted specifically by our friends at Wrapbook, the same problems apply to many producers we talk to, including but not limited to:
• Limited scope
• Limited integrations across the tech stack
Because of this the solutions themselves overlap and are also solved by the elegant system at Prod Co Accountants.
Enjoy the full case study on the Wrapbook website.
