Backdrop

Backdrop is an AI-powered expense management platform designed for film, TV, music, and event productions. It automates receipt tracking, cash flow management, and reporting, providing real-time insights to keep productions on budget and organized.

Features

1. Receipt Parsing and Tracking
   • Upload receipts and vendor invoices in multiple languages and currencies; Backdrop’s AI categorizes and files them instantly.
2. Digital Petty Cash Envelopes
   • Create, track, and approve petty cash expenses digitally in real-time.
3. Integrated Purchase Orders and Payments
   • Manage purchase orders, vendor payments, and reimbursements from one platform with automated approval chains.
4. Live Inventory Tracking
   • Track purchased items, including detailed data from sources like Amazon, and decide to reuse, sell, or donate.
5. Expense and Budget Reporting
   • Generate accounting-ready reports compatible with Smart Accounting, Extreme Reach, and other platforms.
6. Multi-Production Support
   • Manage multiple productions simultaneously while keeping finances separate and organized.
7. Global Compatibility
   • Supports multiple languages, currencies, and global accounting systems.

How It Works

1. Snap and Upload:Use the mobile or web app to upload receipts or invoices.
2. AI Parsing:Let the AI categorize expenses and match them to bank transactions.
3. Track and Approve:Monitor expenses and approve petty cash or purchase orders instantly.
4. Generate Reports:Export data in accounting-ready formats and monitor financial performance in real time.

Use Cases

1. Film and TV Productions
   • Streamline crew expense tracking and ensure projects stay on budget.
2. Event Planners
   • Manage vendor payments, inventory, and real-time expense reporting.
3. Production Accountants
   • Eliminate manual tasks and focus on strategic financial planning.

Pricing

Backdrop offers custom pricing based on production needs. Contact Backdrop to book a demo and receive a tailored quote.

Strengths

1. Time-Saving Automation:Reduces manual receipt entry by over 20 hours per week per department.
2. Global Usability:Compatible with diverse accounting systems, languages, and currencies.
3. Real-Time Visibility:Provides instant cash flow insights to prevent budget overruns.

Drawbacks

1. Industry-Specific Focus:Primarily designed for entertainment and event production industries.
2. Custom Pricing:Lack of transparent pricing may deter smaller productions.

Comparison with Other Tools

Backdrop surpasses traditional accounting software by catering specifically to the unique needs of production teams, integrating receipt parsing, petty cash management, and live inventory tracking in one intuitive platform.

Customer Reviews and Testimonials

• Milena G., Production Accountant:
  “Backdrop has saved us countless hours on receipts and approvals. The team loves how easy it is to use.”
• Lena D., CEO:
  “It’s modern, efficient, and exactly what productions need to stay organized and under budget.”

Conclusion

Backdrop revolutionizes expense management for the entertainment industry by automating tedious tasks, offering real-time insights, and ensuring financial control across productions.

Visit Backdrop to book a demo and streamline your production finances today!