At Wrapbook, we pride ourselves on providing outstanding free resources to producers and their crews, but this post is for informational purposes only as of the date above. The content on our website is not intended to provide and should not be relied on for legal, accounting, or tax advice. You should consult with your own legal, accounting, or tax advisors to determine how this general information may apply to your specific circumstances.
Wrapbook’s industry-shifting production accounting and payroll solutions consistently evolve with new features designed to streamline your workflow. Wrapbook Next is a quarterly webinar that gives you a first look at our latest tools and enhancements.
This quarter, we’re thrilled to introduce our new AI Workflows and showcase the ways they’ll complement and enhance your daily processes.
Check out the webinar for a firsthand look at Wrapbook’s newest tools. The event includes insights, demos, and a live Q&A with members of our leadership team.
As Co-founder of Wrapbook, Cameron Woodward’s background as Co-owner and EP for a production company with high-profile clients like IBM, Levi’s, and T-Mobile translates into him bringing a valuable perspective to his leadership here.
In addition, Cameron hosts Wrapbook’s On Production podcast where he interviews top experts across the industry on their approach to creating outstanding projects.
As Wrapbook’s Senior Vice President of Engineering, Product & Design, Allison Takeuchi plays a vital role in shaping our next-gen tech solutions. With over 15 years of software development experience, including at Intel and Amazon, Allison brings deep expertise to her role.
Check out our "Women of Wrapbook" profile to learn more about Allison and her contributions to Wrapbook!
As Allison notes in the webinar, AI is more than a buzzword—it’s a tool that can be utilized to enhance efficiency and accuracy in production accounting and finance.
Wrapbook’s approach to developing software has always been a client-focused one. Rather than forcing technology into workflows, we start with real-life industry pain points and build the solutions that will address them. Within this framework, Wrapbook believes AI can be a force multiplier for finance and accounting teams.
Moreover, Wrapbook prioritizes data security and transparency across all our work, including AI integration. Our teams maintain rigorous industry-aligned security standards and ensure that no third-party models train on our user data.
Here’s a look at the dynamic AI-empowered tools demonstrated in the webinar.
Our first AI-empowered feature allows you to use simple language to surface insights on spend instantly. As Cameron states, we think accounting and finance teams will love this powerful, time-saving tool.
No more manually filtering data, exporting to Excel, or waiting on a payroll company to create a report for you. Instead, you can use plain language to talk to your data and find the information you need instantly.
Remember: the AI in this feature never creates new information. Instead, it searches your existing data to bring you answers fast.
This next AI-empowered tool will be particularly helpful for teams processing a high volume of invoices. With automated invoice processing, all you need to do is upload your invoice, and AI-driven scanning automatically populates all the details, including the vendor’s invoice number, date, description of services, and due date.
The system is also intelligent enough to recognize missing information. For example, if an invoice doesn’t include a specific due date but states that “payment is due in 30 days,” it will automatically calculate and populate the correct date.
By eliminating the need for manual data entry, this tool reduces errors, speeds up approvals, and allows production and finance teams to focus on higher-value tasks.
A new tool not currently powered by AI, but bound to make your workflow smoother: our Org Hierarchies feature.
With the Org Hierarchies feature, you can mirror your organization’s real-world structure in Wrapbook, improving information security and project access control. You maintain complete visibility from the top level, while your team members only access the information they need for their specific role or organizational unit.
This feature is a game-changer, particularly for companies with multiple divisions and subdivisions.
Wrapbook’s AI-empowered tools automate routine tasks so production and finance teams can focus on strategic initiatives that drive successful productions.
And this is just the beginning! We’ll continue to develop and release features that directly address industry needs, always keeping in mind how tools like AI can serve as a complement to human expertise. Check out our AI Fact Sheet for more and watch the on-demand event recording anytime.
We’re looking forward to staying connected about future Wrapbook innovations! Join Room Tone, our production accounting and finance community, or reach out for a personalized demo to connect with our team on how these tools can enhance your workflow.