Backdrop: Revolutionizing Expense Management in TV & Film Productions
In the fast-paced world of TV and film productions, managing expenses can be a daunting task. However, Backdrop emerges as a game-changer, streamlining the entire process with its advanced features.
Overview
Backdrop offers a comprehensive solution for expense management. It allows users to snap a receipt and let the tool handle the rest. With its lightning-fast processing, adding receipts takes minutes instead of weeks. The advanced AI is capable of parsing receipts and vendor invoices in various languages and currencies, making it ideal for international productions.
Core Features
One of the standout features is its ability to instantly create and approve petty cash envelopes digitally. Crew members can add expenses to these envelopes within seconds, while admins and approvers can track and approve them anytime, anywhere. Additionally, it enables real-time tracking of crew expenses and the generation of accounting reports in the desired format. It also parses bank data to match receipts with the correct transactions, providing a seamless experience even without p-cards.
Another great aspect is its purchase order management. Users can create and approve purchase orders with a single tap, eliminating the hassle of phone tag. They can also upload invoices, pay vendors, and reimburse crew without logging into their bank, thanks to its efficient payment scheduling features.
Basic Usage
Getting started with Backdrop is straightforward. Crew members simply snap a photo of their receipts, and the tool takes care of the rest. Admins can easily manage and track expenses, approvals, and generate reports. The mobile and web availability ensures that users can access the tool on the go, making it convenient for those constantly on set or in the office.
Compared to traditional expense management methods, Backdrop saves significant time and effort. It eliminates the need for manual data entry and chasing approvals, reducing the processing time of an expense claim from over 45 minutes to a matter of minutes. It also provides real-time cash flow visibility, helping productions stay on budget and avoid overspending.
In conclusion, Backdrop is a must-have tool for TV and film productions, offering a seamless and efficient way to manage expenses and keep finances in order.
