How Visualnet works

This is how contracting
works in Visualnet

From the initial need to the award — every line item of the production budget documented, benchmarked against real market data and ready to justify the tax incentive, with no additional work from the production team.

NISR 4400 · Agreed-upon procedures ✦ Patent Pending · USPTO IRC §482 · Arm's length · IRS UK Bribery Act · Adequate procedures Art. 36.2 LIS · Spain incentives
The process

Five moments that build the evidence

The report is generated automatically, in real time. Every step is recorded without any additional work from the production team.

01

The service is defined and sent to the entire market

The Production Manager describes the service needed. An AI assistant built into the platform helps define the technical requirements precisely — to maximise the quality and comparability of the proposals received. When published, the system automatically identifies all qualified suppliers for that activity and geography and sends them a simultaneous invitation. The publication timestamp is sealed and immutable.

AI assistant · Automatic notification · Sealed publication
02

Suppliers submit their proposals in a closed environment

Each company accesses its panel and submits its proposal. No competitor can see another's figures. Confidentiality is guaranteed by architecture — not by policy. Proposals can be revised until the closing time.

Confidential environment · No cross-visibility
03

At closing, the market benchmark is sealed

The system automatically calculates and seals the real market range: minimum, below average, average, above average and maximum. From that moment, no administrator — at the production company or at Visualnet — can modify the benchmark. It is immutable by design, not by policy.

Sealed benchmark · Immutable · Patent Pending USPTO
Proposal comparison view with sealed benchmark — Visualnet

Live platform view: proposals ranked by market position, benchmark sealed at closing and immutable.

04

The award is recorded with a mandatory justification

The Production Manager selects the winning supplier. If the awarded price exceeds the market average, the platform blocks confirmation until a written justification is submitted. No exceptions, no workarounds. The award and its justification are recorded immutably.

Immutable award · Mandatory justification
05

The report is generated: objective, immutable, certifiable

Every action in the process is cryptographically chained to the previous one using SHA-256 technology with a patent application pending before the USPTO. The result is a PDF-exportable report: what service was requested, how many suppliers were invited, all proposals received and their market position, and the award with its documented justification. Verifiable by any independent auditor, regardless of jurisdiction.

SHA-256 · eIDAS signature · Patent Pending · NISR 4400

You don't need to prepare anything afterwards. The report builds itself while you work.

What service was requested, how many suppliers were reached, all proposals received and their market position, the award with its documented justification. Exportable as PDF at any time. It is the document you will need to justify every eligible cost of the tax incentive.

Full certification

3 or more proposals received

Certified process with full market benchmark (minimum / average / maximum). The NISR 4400 report is complete.

Market exhausted

1 or 2 proposals — 100% of market contacted

Certified process with documented note of limited market. The NISR 4400 report stands.

Not certifiable

No proposals received

No NISR 4400 report is issued. The process is documented but not certified.

What Visualnet covers

If it appears in the eligible production budget, Visualnet can document it

From the first day of shooting through final post-production delivery. 106 service categories organised across four budget blocks.

Camera and technical equipment

  • ›Camera and lens rental (ARRI, RED, Sony, Zeiss, Cooke)
  • ›Lighting and electrics (HMIs, LED panels, generators)
  • ›Grip, cranes, dollies and Steadicam

1,600+ verified companies in camera rental · 1,500+ in lighting

Production services

  • ›On-set catering and craft services
  • ›Equipment, crew and specialist vehicle transport
  • ›Aerial filming and drone services

1,290+ verified companies in catering · 800+ in production transport

Art department, sets and wardrobe

  • ›Set construction and scenic carpentry
  • ›Props and prop hire
  • ›Professional wardrobe and make-up

450+ verified companies in set construction and props

Post-production

  • ›Digital colour grading and editing (DI)
  • ›VFX and visual effects
  • ›Dubbing, subtitling and deliverables

500+ verified companies in post-production services

The full market

The benchmark is real because the directory is complete

Visualnet does not compare against a sample. When a service is published, the system automatically notifies every verified supplier for that activity and geography — no manual search, no manual outreach.

98.000+
verified audiovisual companies
139.000+
activity references classified
106
production service categories
7
7 territories · Spain · UK · France · Germany · Italy · USA · Canada
Visualnet control panel — active projects with real-time market metrics
Proprietary methodology · Patent Pending

What no conventional procurement system can offer

Patent Pending · USPTO No. 64/036,591

Verifiable 100% coverage of the eligible market

Market outreach is not declared — it is mathematically demonstrated. The system records the exact number of companies notified at the moment of publication. With 98,000+ verified companies and 139,000+ activity records, coverage is auditable by any regulator.

Patent Pending · USPTO

Three legally differentiated certification levels

The certification level is not an arbitrary convention — it is an automatic determination based on the actual coverage of the eligible market. Each level carries distinct legal implications before the AEAT, the IRS and the SFO.

Patent Pending · USPTO No. 64/036,620

Chained, immutable SHA-256 audit trail

Each event generates an identifier chained to the previous one. Impossible to alter the record without leaving mathematically detectable evidence. The trail is independently verifiable without needing to trust Visualnet.

Regulatory framework

Documentation designed for three
regulatory jurisdictions

Productions working with international studios or accessing tax incentives in Spain, the UK and the United States operate within a multi-level regulatory framework. Visualnet is designed to satisfy their documentary requirements in each of these jurisdictions.

EE.UU. · IRS · IRC Section 482

The IRS requires that services between related entities be billed at the price an independent third party would have charged. Without an independent documented benchmark, the studio cannot defend those prices in an audit. Penalties range from 20% to 40% of the estimated difference.

EE.UU. · DOJ/SEC · FCPA + Sarbanes-Oxley

US-listed companies must maintain accurate accounting records and adequate internal controls (SOX §302 and §404). The FCPA requires that any payment through third parties abroad be documented in sufficient detail. The CFO personally certifies accuracy to the SEC.

Reino Unido · SFO · UK Bribery Act 2010

The UK Bribery Act treats the Spanish service producer as an "associated person" of the commissioning studio. If the producer is investigated in Spain, the studio must demonstrate it had adequate procedures. Without that evidence, the studio is liable — even without direct knowledge of the issue.

España · AEAT · Art. 36.2 LIS

Access to the Art. 36.2 LIS deduction and regional incentive programmes requires evidence that expenses are real and at market price. Visualnet's sealed report provides exactly that evidence, line item by line item.

What Visualnet brings to the studio, not just the production company

Visualnet's chained report — with sealed benchmarks line item by line item — is designed to satisfy the documentary requirements that the IRS, the SEC, the SFO and the AEAT apply in inspections on market pricing and related-party contracting. Its structure also responds to the criteria that major audit firms use in their due diligence processes on productions with tax incentives.

Who it is for

One process. Three actors.
One report.

Production companies

Production companies

Procure with order from day one. Documentation is generated automatically. Exportable for investors, tax incentive bodies and any review.
Studios and broadcasters

Studios and broadcasters

Read-only visibility over the procurement of every production. The same report your compliance team needs before the IRS, the SFO and the SEC.
Audit firms

Audit firms

Independent audit portal. The NISR 4400 report generated and digitally signed — ready to attach to the audit file.

Want to see it in action?

Request a personalised demo for your production company, studio or audit firm. We will show you the full process with real production data.

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