What is Backdrop?
Backdrop revolutionizes production accounting with its comprehensive pre-accounting platform that combines AI-powered receipt parsing, digital petty cash management, and real-time expense tracking. The system processes receipts and vendor invoices in multiple languages and currencies, while seamlessly integrating with bank accounts for automatic transaction matching.
The platform offers a complete financial management solution, featuring purchase order creation, vendor payment processing, and inventory tracking capabilities. With its ability to handle multiple productions simultaneously and generate customized accounting reports, Backdrop significantly reduces manual workload while ensuring accurate financial oversight and budget management.
Features
- AI Receipt Parsing: Automated processing of receipts and invoices in multiple languages and currencies
- Digital Petty Cash: Instant creation and approval of digital petty cash envelopes
- Bank Integration: Real-time transaction matching and expense tracking
- Purchase Order Management: Digital creation, approval, and tracking of POs
- Vendor Payment System: Direct ACH or check payments with custom approval chains
- Multi-Production Support: Management of multiple productions in one platform
- Inventory Tracking: Real-time tracking and management of purchased items
- Custom Reporting: Generation of tax and accounting reports in various formats
Use Cases
- Production accounting and expense management
- Crew expense tracking and reimbursement
- Purchase order processing and approval
- Vendor payment management
- Inventory tracking and monetization
- Tax report generation
- Multi-production financial oversight
- Budget monitoring and control
FAQs
-
How much time can Backdrop save in expense processing?
Backdrop eliminates 20+ hours of manual work per department per week, reducing expense claim processing time from 45+ minutes to just minutes. -
What accounting systems is Backdrop compatible with?
Backdrop works with various accounting systems including Smart Accounting, Extreme Reach, PSL, and integrates with existing bank systems. -
How does Backdrop handle different currencies and languages?
Backdrop supports multiple languages and currencies, making it suitable for global productions and international financial reporting.
Related Queries
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Backdrop Uptime Monitor
Average Uptime
99.95%
Average Response Time
241.97 ms
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