Royalty Management

Reduce effort to calculate royalties. Streamline royalty payments.

Royalty Management has become a more complex business process because of profound changes in the publishing industry.

Computer technology, photocopying and the Web have largely influenced these changes.

How do you closely manage rights and royalty payments so that profits are maximised while also ensuring authors and contributors receive their fair share?

Simplify Royalty and Rights payments

Benefits

• Give you maximum flexibility to define and change Royalty contracts
• Provide seamless and automated adjustment of royalty payments
• Streamline almost all operational tasks involved in royalty management
• Better manage timely payment of royalties
• Enhance author/payee relationships
• Ensure you are not overpaying royalties
• Management and monitor your financials with minimum effort
• Provide accurate data on sales movements for particular ISBNs
• Allow you to easily view on-screen information that will assist in improving the decision-making process for queries relating to royalty payments
• Allow you to define processes according to your own business rules
• Allow you to pro-actively manage the Royalties area of the business

Features

• Recording and Maintenance of Royalty Contracts
• User Defines Sales Extraction
• Stepped/Rising Royalties
• Flexible Royalties Calculation
• Facility to maintain and re-calculate Royalties
• Advances
• Permission / Subsidiary Rights
• Interface to Accounts Payable and General Ledger
• Royalty Statements / Remittances
• Free-form text
• Inquiries Screen
• Concise Management Reports: - Royalty Calculation Reports - Monthly Accrual Report - Royalty Trail Balance Report - Sales Reports

Contact IBS for more information. »