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Royalty Management
Streamline Efforts to Calculate Royalties and 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 maximized while also ensuring authors and contributors receive their fair share?
The Royalty Management Module is a powerful set of tools that automates even the most complex rights and royalty provisions.
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Royalties: Work with Royalty Contracts
FEATURES
Royalty Management comes with many powerful features that will assist you in meeting the challenge of current Royalty obligations.
- Advances
- Concise Management Reports:
- Monthly Accrual Report
- Royalty Calculation Reports
- Royalty Trail Balance Report
- Sales Reports
- Facility to maintain and re-calculate Royalties
- Flexible Royalties Calculation
- Free-form text
- Inquiries Screen
- Interface to Accounts Payable and General Ledger
- Permission / Subsidiary Rights
- Recording and Maintenance of Royalty Contracts
- Royalty Statements / Remittances
- Stepped/Rising Royalties
- User Defines Sales Extraction
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Royalties: Contract Master File Maintenance
BENEFITS
Like many Bookmaster customers around the world you can benefit from utilizing Royalty Management as it will:
- 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
- Better manage timely payment of royalties
- Enhance author/payee relationships
- Ensure you are not overpaying royalties
- Give you maximum flexibility to define and change Royalty contracts
- Manage and monitor your financials with minimum effort
- Provide accurate data on sales movements for particular ISBNs
- Provide seamless and automated adjustment of royalty payments
- Streamline almost all operational tasks involved in royalty management
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Royalties: Payee Shares Maintenance
Contact IBS for more information »
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