DUET is an AI-driven financial planning and monitoring platform designed for entertainment productions. It offers embedded financial services such as short-term bridge financing and insurance. DUET's uniqueness lies in its technological innovation, deep industry expertise, and customized financial solutions. Integration with existing workflows enhances financial planning, monitoring, and access to financial services.
DUET addresses financial challenges faced by entertainment production companies: outdated systems, lack of skilled financial teams, recurring cash flow gaps, and complex debt financing processes. These lead to poor financial planning & monitoring, budget overruns, costly delays, forced cost-cutting, compromised quality, vendor payment delays, setbacks, and cancellations. Challenges are projected to increase as financing terms tighten, production shifts to streaming platforms and social media, and competition intensifies, reducing producers' negotiation power. Budget pressures, AI impact on financial management, slow tech integration, and a shortage of skilled financial talent further complicate the landscape.
DUET’s Cloud based SaaS solution enhances financial planning & monitoring with AI-driven solutions, improving budgeting, cash flow management, tax incentives, and insurance. Real-time financial monitoring and team collaboration address poor financial planning & monitoring, budget overruns, and delays. Data-driven financial services with algorithmic underwriting such as bridge financing, vendor invoice financing, resolve cash flow gaps, vendor payment delays, setbacks, and cancellations.
Currently focused on the TV & Film production in the entertainment sector, DUET initially targets unscripted TV shows in the US, UK, and Canada. The primary audience includes operational and financial managers, and decision-makers in production companies. DUET revenues derive mainly from production cost market size (2024E: Global $210bn, US, UK, Canada $65b).
