About

Wrapbook offers a digital payroll and production management platform tailored for the entertainment industry, helping clients like film and TV production companies manage payroll efficiently. The platform allows users to collect timecards through an app, generating smart timecards based on pay rates and union status, while also enabling document storage for project management. Unlike competitors, Wrapbook integrates with accounting software like QuickBooks, streamlining financial management and reducing administrative tasks. The company's goal is to provide a fast and secure way for entertainment professionals to handle payroll and production needs, ensuring compliance and saving time.

Simplify's Take

What believers are saying

• Wrapbook's $100 million Series B financing round, led by Tiger Global Management, underscores strong investor confidence and provides substantial capital for growth.
• Recognition by Forbes as one of America’s Best Startup Employers highlights Wrapbook's positive work environment and strong company culture.
• The launch of new features and a mobile app demonstrates Wrapbook's commitment to innovation and improving user experience.

What critics are saying

• The entertainment payroll market's complexity and regulatory requirements could pose ongoing compliance challenges.
• Rapid expansion and the integration of new features may strain Wrapbook's resources and operational capacity.

What makes Wrapbook unique

• Wrapbook's platform is specifically tailored for the entertainment industry, addressing unique regulatory and administrative challenges that generic payroll solutions do not.
• The integration with popular accounting software like QuickBooks, Sage Intacct, Oracle Netsuite, and Acumatica offers seamless financial management, setting it apart from competitors.
• Wrapbook's recent expansion into cost-management and accounting tools enhances collaboration between production and accounting teams, a feature not commonly found in other payroll platforms.

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