Wrapbook

Wrapbook is a startup that provides a comprehensive digital payroll and production management platform tailored for the entertainment industry. The company serves clients such as film and TV production companies, commercial producers, and other entertainment professionals who need efficient and compliant payroll solutions. Wrapbook operates in the entertainment payroll market, which is known for its complex regulations and extensive paperwork requirements.

The business model of Wrapbook revolves around offering a cloud-based platform that simplifies and automates payroll processes. Users can collect timecards directly through the app, eliminating the need for paper. The platform generates smart timecards based on various factors like pay rate, overtime, and union status, ensuring compliance with industry standards. Additionally, Wrapbook allows users to upload and store key project documents, making it easy to manage cast, crew, and vendor information in one place.

Wrapbook makes money by charging fees for its payroll and production management services. These fees are likely based on the number of users or transactions processed through the platform. By providing a digital solution, Wrapbook helps its clients save time and reduce the administrative burden associated with traditional payroll methods.

The platform also integrates with popular accounting software like QuickBooks, allowing for seamless financial management. This integration helps users avoid the hassle of updating information in multiple places, further streamlining the production process.

In summary, Wrapbook offers a fast, digital, and secure way to manage entertainment payroll and production needs, making compliance easy and reducing the time spent on administrative tasks.

Keywords: digital payroll, entertainment industry, cloud-based platform, timecards, compliance, document storage, production management, QuickBooks integration, administrative efficiency, film and TV production.