Financial management demands swift access to vital information across diverse locations at any time, alongside transparent and adaptable actuals and purchase orders.
Processing consistent 1099s for employees across multiple shows within one company adds complexity, while visibility into finances across productions can be elusive.
Enter MediaWeb: the solution to streamline operations, boost productivity, and ensure efficient financial management.
What is MediaWeb?
MediaWeb is a groundbreaking cloud-based digital production accounting software revolutionizing financial operations in the entertainment industry. Tailored to various productions, from feature films to sports media, it centralizes production accounting, providing transparent, editable actuals and purchase orders, thus eliminating scattered financial data and manual processes.
Direct imports, including integration with Media Services’ payroll system, ensure seamless payroll expense data integration with accounting books.
With features like multi-budget creation and vendor payment via ACH payments, MediaWeb empowers production accountants to efficiently manage finances across multiple shows and locations.
Its benefits include simplifying and centralizing production accounting, providing real-time access to financial information, streamlining operations like 1099 processing, and offering robust reporting capabilities for informed decision-making.
Its seamless integration with Media Services’ payroll system enhances workflow efficiency, making it the preferred choice for modern entertainment productions seeking streamlined financial management solutions.
MediaWeb’s top benefits include:
- Complimentary Access – MediaWeb is available to all Media Services payroll clients at no charge
- Cloud-Based – Simple payroll management with flexibility, accessibility, and enhanced security for seamless operation from anywhere
- Digital Check Signatures – Streamline the signing process, saving time, reducing paper waste, and ensuring secure authentication for financial transactions
- On-Location Check Printing (OLPP) – Print uploaded checks wherever you are and get your crew paid on the spot
- Enterprise-Level Tools – Streamline the 1099 processes and consolidate General Ledger / Trial Balance Reports from multiple shows for efficient financial management
- Budget Maintenance Module – Allows for direct changes and provides a real-time view of the latest actuals and purchase orders
- Coding Adjustments – The coding of posted transactions can be changed
- Electronic Purchase Orders (EPO) – Streamlined electronic purchase orders enable non-accounting crew to create and approve POs through multiple levels before integration into MediaWeb for accounting
- ACH Vendor Payments – Initiate Automated Clearing House vendor payments with ease
- Customizable Reports – Create detailed reports crucial to on-the-ground decision-making and stakeholder reporting
What software integrations does MediaWeb offer?
MediaWeb offers a range of notable integrations designed to streamline financial operations in the entertainment industry. These include CASHét and PEX for seamless purchase card integration, allowing for efficient tracking of expenses.
MediaWeb facilitates easy data management by enabling users to paste files directly into Journal Entry and Purchase Orders from Excel. Moreover, its integration with the Media Services payroll system automates the import of finalized invoices, ensuring accurate payroll expense data integration with accounting records.
Also, MediaWeb supports file imports from industry-standard budgeting software such as Showbiz Budgeting and Movie Magic Budgeting, providing users with flexibility and compatibility in managing production finances.
Want to learn more about how MediaWeb will make your production’s financial operations more efficient?
Inquire about payroll today and mention MediaWeb!
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Have questions we didn’t quite answer? Email us at [email protected].