The financial hassle of media productions

Every media production brings a new challenge. Managing the budget is a complex matter because it involves working with freelancers, on different (online) campaigns, in numerous locations and with many types of expenses. But as a manager or producer, how do you still keep control of all expenses? SimpledCard has a simple solution for that.

On-site spending and control of budget

There are video productions that take place on location and require employees to be on the road. Shooting days require various expenses, such as fuelling, lunch, dinner or last-minute props purchases.
In all the hustle and bustle, it is difficult to keep a grip on spending, because decisions are made quickly and the actual costs are only clear afterwards. Thanks to SimpledCard, you can see in real time how much has been spent, who is responsible for spending and how much budget is left on the debit card.
You determine the spending limit per employee, team, department or production. Balance on the cards you replenish manually or periodically.
Should a media production run out of money abroad because certain costs are higher than estimated, you increase the balance on the card in real time via the Card Management System.

Replace cash and reduce risk of fraud during media productions

To keep track of expenses, productions use a single debit card in combination with cash.
As a result, it is unclear who uses the pass and employees advance expenses privately out of convenience and claim them afterwards.
With SimpledCard, you simply scan receipts via the mobile app and manage budgets on the debit card online via the Card Management System. SimpledCard debit cards are bank-independent and you can self-publishing and managing.

Clear cost centres and project numbers

Manufacturing companies work with projects. But by paying in different ways, it is quite a puzzle afterwards to book expenses in the right cost type and place.
The SimpledCard payment card user receives a notification after each expense to link the receipt to the transaction using the photo function in the app and enter a cost centre or project number.
All transactions and receipts are automatically linked and can be viewed online by both the cardholder and the administrator. The finance department checks transactions and rejects or approves them if required.
This way, you solve the red tape and prevent media productions from stalling or going over budgets.
Several production houses and media companies including Warner Bros, Talpa, Skyhigh TV, Bald Jackal Productions and IDTV use SimpledCard's CMS and payment cards. SimpledCard facilitates more than 600 organisations in their business expenses.
Want to know how to use SimpledCard for your media productions? Our team is ready to answer all your questions.