CAPS Universal

CAPS Universal specializes in providing payroll and production accounting solutions tailored for the entertainment industry, facilitating efficient financial and operational management for various media projects. Founded in 1991, CAPS Universal operates within the entertainment sector, focusing on payroll and production accounting services. The company is headquartered in Culver City, US. In June 2016, CAPS Payroll was acquired by Cast & Crew Entertainment Services, with the deal being completed in August 2016.

The founder’s history is not publicly available, and there are no mentions of previous companies associated with the founder. The firm has successfully conducted a total of two deals. Cast & Crew offers a comprehensive suite of digital solutions tailored for the entertainment industry, focusing primarily on production accounting, payroll, and onboarding services. Their core product offerings include AP payment software designed to optimize production accounting, a digital solution for managing purchase orders, and a secure hub for crew management of personal and payroll-related materials.

Additionally, they provide a digital onboarding solution to streamline the hiring process and a timecard solution for efficient payroll management. These products are geared towards film productions, television shows, live events, and theater companies, effectively serving clients such as production studios, independent filmmakers, and talent agencies across North America, Europe, and specific markets in Canada. The company's focus on enhancing operational efficiency and facilitating seamless production workflows positions them as a pivotal player in the media and entertainment sectors. Cast & Crew’s revenue model is structured around various service offerings that cater to business-to-business (B2B) transactions within the entertainment industry.

The company generates income through subscriptions to its digital tools and services, allowing clients to access functionalities that support production accounting, payroll processing, and crew management. Their flagship products, such as the PSL+ and DPO software, are integral to their revenue stream, with clients typically entering into annual contracts for these services. Pricing plans for the products are established based on the specific needs of the production, ensuring flexibility and customization. Transactions are facilitated through direct engagement with production companies and studios, reflecting a commitment to personalized service and comprehensive support within the entertainment ecosystem.

Following the acquisition of CAPS Payroll in June 2016, Cast & Crew plans to integrate and enhance its service offerings to better serve its clients. The company is actively designing new products aimed at improving operational workflows and is expected to launch these innovations within the next year. Additionally, Cast & Crew is targeting expansion into European markets, seeking to increase its footprint by 2023. The recent acquisition is anticipated to bolster resources and capabilities to support these initiatives, facilitating a more robust service delivery to its growing client base.