Challenges faced by the Media & Entertainment Industry
Production Costs within Budgeted amount
Tracking of Content Acquisition
Tracking of Payments/Receivables
Effective Quality Control
Key Functions addressed in ERP
Marketing
Sales Person wise tracking
Tracking and Sale of Rights
Handling Sales Inquiries to Invoicing
Tracking of Publicity Material
Tracking of Contests and Barter arrangements
Tracking of Expense/Costs during Event/Campaign
Distribution and Tracking of Films
Content Acquisition
Internal Selection/Approval
Films on floor/ under production
Public notice in Trade Journals
Censor certificates issued by sensor board
Delivery of source material
Studio approval for successful delivery
Studio Management
Studio Job Distribution/Job Sheets
Studio Billing/Payment Collections
Studio Repair and Maintenance Management
Film Project Appointments/Agreements
Tracking of Film Project Equipment Hiring
Film Project Raw Material Purchase and Consumption
Film Production Budgeted vs. Actual
Tracking of Film Post Production Processes
Purchase Requisition – Inlay and Product
Handling Purchase Requisitions to Payments
Inspection of lots for Audio/Video Quality, Inlay Printing, Inlay Content, Menu Index
Country specific Statutory compliance and reports
Accounts receivable / Accounts payable
Fixed asset tracking including depreciation and insurance
Tracking of Studio Costs / Production Costs
Comparison of Actual Cost/Expense vs. Budgeted amount
Effective Quality Control
Tracking of Content Acquisition
Tracking of Costs / Payments
Distribution and tracking of Films
Integrated Processes minimizing duplication of work