– Platform provides VFX producers the tools to secure bids from VFX facilities
UST, a leading digital transformation solutions company, and its digital arm for the entertainment industry, UST Media Services, announced the launch of CURÓ VENDOR, a VFX financial platform that streamlines the bidding process between Producers, Studios, and VFX facilities.
VFX Budgeting is an incredibly time-consuming, inaccurate, volatile process, without a single industry solution or toolset, for both the project producers & their VFX facilities partners. CURÓ simplifies the creation, organization, and management of a VFX budget from pre-production through final delivery, providing a unified web-based system creating, planning, and managing visual effects budgets for any project.
CURÓ VENDOR provides the tools for VFX facilities to receive bid requests for projects directly from producers and create complex estimates of the tasks and time required to design, develop, and create VFX. Vendors can quickly create billing day rates per labor task, facility labor rates by location, facility costs, payroll expense, employee benefits, and much more. CURÓ VENDOR users can apply these billing rates to individual line-item costs on shots, assets, and FX development or create consistent cost complexities that are used over and over again. Once completed, CURÓ VENDOR publishes bids directly to the CURÓ PRODUCER Module, for an easy vendor by vendor bid comparison and analysis by the project producers.
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“All facilities, large and small, need to budget the same labor and resource expenses when preparing bids for VFX work. Unifying the bidding process across the industry will save time and increase accuracy, both within the facility and with clients. Particularly so if the client is a Curó Producer user, further simplifying the exchange of highly detailed data,” said Joyce Cox, award-winning VFX Producer and creator of CURÓ.
“We are thrilled to announce the launch of CURÓ VENDOR, as it is a great time to introduce this toolset as Hollywood production moves to recover from the pandemic. We strongly believe that such SaaS approaches improve efficiency and drive profitability in the entertainment industry,” said Jeffrey Lane, President, UST Media Services.