Part of its successful adoption was due to including a full suite of apps for everything from scheduling to budgeting but, over time, this may also have led to some criticism as users came up against software bugs. It is most commonly used to streamline the whole process for scripted content (long and short) and generates reports that identify budgeting trouble spots.

Movie Magic Budgeting (MMB) from Entertainment Partners set the standard and remains one of the most well-known programs, familiar to union reps and potential investors. In this article, we highlight five of the key software solutions for film budgeting. You do want every last penny to go into production value and not into your budgeting software. You don’t want something cumbersome or hard to use. What you don’t want is software that your clients can’t view or integrate smoothly into their systems. Your budget will be constantly updated too throughout production so you’ll need one that’s user friendly and comprehensive to your needs. Laying out all the costs in prep is essential to understanding what you can and cannot afford, and where a trim here or there could help you achieve, say, a desired location shoot or camera rental. How will you allow for overtime costs and pick-ups? Did you budget for loss, damages or delay? How much is the kit and the post work? Are you prepared to have acting unions sign off on your production payroll?

Showing you have everything accounted for is a key way of winning investment for the project in the first place. Production budgets aren’t just used to keep a running total of costs. Hollywood’s Top 5 Budgeting Software For Productionīudgeting is just about as far from the creative side of production you can get, but if you want to avoid the pitfalls of ‘creative’ accountancy then you’ll want to make sense of every cent.

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