Moneypenny's fully integrated Payroll and Production Accounting software

Thu 8th Apr 2021

Moneypenny is pleased to announce our fully integrated Payroll and Production Accounting software has now had our 50th customer using our End-to-End Digital Approval Workflow. Moneypenny is now the first completely digital end to end accounting and payroll service available to the entertainment industries in the UK, Ireland, Australia and New Zealand.

Clients have always used our software to achieve their goals of saving money, going paperless and reducing their carbon footprint. . We’re incredibly proud of the results our software is bringing to our clients. We’ve got one success story we’re particularly excited to share with you - you can read it in more detail here. Using our software, this production achieved savings of over £13,000, and lowered their carbon footprint by over five tonnes of C02 emissions

Throughout all the stages of COVID, Moneypenny saw that accounts teams and productions wanted an easier way to move to a reliable, secure, paperless and remote way of working. In early 2020, we refined our Purchase Order System adding more options and greater search functionality. Following that in August 2020, we launched our Digital Accounts Payable option allowing for invoices to be digitally approved with an e-signature.

Since the start of 2021, we have taken on the task of integrating client feedback directly into our ongoing product development. We heard you, and we introduced units and unit rates on our Purchase Orders. We also have a built-in document distribution system to send call sheets and other documents directly to your crew.

In Ireland, we supported productions using our full suite of digital solutions, including payroll. Complete, remote, end-to-end. Crew onboarding, contracting digital purchase orders and digital invoices and digital auditing. We have also launched our updated Crew Contract module, with four default contracts to use in UK and Ireland (Paye/Schedule D/Loan Out/Daily contracts.) Clients have the ability to have additional documents signed. This summer, we are launching a new Digital Petty Cash feature on the portal for crew members to request, submit and approve petty cash.

With our simplified rate card, you know exactly how much your software and payroll fees will cost. Software fees are linked to the cost of the budget, and with our software fees capped here in the UK and Ireland you will never pay more than £2500 + VAT for the accounting software, and no more than £1000 + VAT for all our Online Digital Solutions on our portal.

The last 12 months have allowed us to grasp fully the need for productions to use an end-to-end and sustainable digital solution. Moneypenny is committed to improving our software to serve productions better and reduce carbon emissions.

Our web portal offers all the following services included at appropriate rates for any budget.

Crew Onboarding
Crew Contracting - with default contracts available
Digital Purchase Orders - unlimited POs, unlimited number of crew members using the portal.
Digital Invoice Approval. (Invoice approval customisation available. Get all invoices approved or only those with no matching POs.)
Document Distribution.
Coming soon: Digital Petty Cash

For more information, or a demo of our software please contact enquiries@moneypenny-group.com

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