Key Features – Licensees

Get the Tools You Need to Manage Royalties Accurately and Efficiently

Give your organization complete control of managing royalty payments, sharing revenue and tracking rights agreements: All while giving you un-matched business intelligence and ease of use.

RoyaltyTracker® gives you the powerful tools you need to simplify and accelerate the process of paying royalties:

• Handle any contract complexity.
• Automate the tedious task of recording sales data.
• Increase efficiency by integrating with other existing systems in your business.
• Provide online statement access.
• Handle digital and physical royalties with ease.
• Quickly and easily research any recipient or title.
• Simple, intuitive interface.
• Manage your rights and permissions.
• Electronic royalty statement delivery
• Customizable royalty statements.
• Protect your work and your data against loss.
• Better understand your business through powerful reports.

Handle Any Contract Complexity

RoyaltyTracker® was initially designed for use in the world’s largest publishing houses, and can handle virtually any contract complexity including:

• Unlimited recipients/artists/contributors per title.
• Unlimited royalty calculation rules.
• Sliding scales (aka tiers, escalators) based on units, dollars, and discounts.
• Aggregate your escalators.
• Reset your escalators for any frequency (period, quarterly, annually, or never).
• Royalties based on net, list, sale price or flat rate.
• Advances, advance splits and adjustments.
• Minimum payment thresholds.
• Minimum guarantees.
• Any royalty period, including “off cycle” royalties (i.e. Jan. 15 – Jun. 15).
• Reserves against returns.
• Splits.
• Bundling/Kits.
• Subscriptions.
• Full support for digital content.

Automate the Tedious Task of Recording Sales Data

One of the most time consuming aspects of royalty management is aggregating your sales files, and associating them with the appropriate titles or properties. With RoyaltyTracker®, this problem goes away. Simply upload your files to the RoyaltyTracker® website, and it does the rest.

RoyaltyTracker® flags and displays sales errors, and quickly notifies you to make a correction. RoyaltyTracker can identify a wide range of errors including invalid sales entries, missing contracts, and incorrect SKU’s or product ID’s. RoyaltyTracker® then automatically applies the sales correctly, eliminating the need to do any additional work.

Increase Efficiency by Integrating With Other Systems in Your Business

RoyaltyTracker® is designed to integrate with virtually any other system in your organization, and automatically load or transmit information.

Do you use accounting systems to cut your checks or generate payments? Do you already have a database of your products and SKU’s? Do you have a record of all of your recipients and their addresses? Eliminate the need to enter data twice.

• Accounts Payable Integration
• Product Management Integration
• Fulfillment Integration
• General Ledger Integration

RoyaltyTracker® can integrate with virtually any other system in your business, including:

• NetSuite
• Great Plains
• Oracle
• PeopleSoft
• JD Edwards
• Xero
• QuickBooks

Handle Digital Royalties with Ease

RoyaltyTracker® enables you to easily handle royalties on your products whether in physical form or digital.

When it comes to digital content, RoyaltyTracker® keeps you on the cutting edge. MetaComet Systems’ executives serve in key industry positions involved in developing the standards for digital content.

Quickly and Easily Research Any Licensor or Title

Need to quickly look up a recipient’s history? Are they calling with questions about their statements? With RoyaltyTracker’s RT Browser™ System, you can quickly and easily view and analyze all the data in your system.

Simple, Intuitive Interface

The key to simplifying royalty management is to store your data in a way that makes sense and is easy to access and view. It needs to be logically organized, and easy to navigate.

MetaComet has spent the last twenty years studying our customers’ habits, and continuously improving our interface to maximize its ease of use.

As a result, we can teach you everything that you need to know about RoyaltyTracker® in just a few short hours. There is no need for day-long training classes and massive user manuals (though those are both available, if you’d like).

Additionally, our cutting edge technology enables us to (with your permission) actually watch you work through the web, so we can easily answer your questions and show you the best way to work.

Manage Your Rights and Permissions

Manage your rights more effectively.

• Track interested parties and finalize deals
• Exclusive and non-exclusive (i.e. permissions)
• Manage rights by:
  • Country
  • Type of right
  • Language
  • Frequency of payment
• Automatically generate rights agreements from the information you enter
• Ensure receipt of payments:
  • Dunning/chase letter generation
  • Reports of past due receipts
  • Track taxes and commissions
• Unlimited contract complexity
• Automatically flow rights income through the royalty system to pay your recipients
• Prevent expiring rights from lapsing
• Track options
• Identify licensees for your content

 

Customizable Royalty Statements

You know the information that your licensors want to see. Too much information leads to confusion and questions. Too little information can lead to the same.

Choose which of the many statement layouts you wish to use for author royalties. Some options show detailed ISBN level transactions, some roll it up by source, some show every transaction.

If you would like something more specialized, RoyaltyTracker’s statements are 100% customizable.

Protect Your Work and Your Data Against Loss

Rest assured that your data is protected at our state-of-the-art data center. Your data is backed up nightly freeing you from the concerns of disaster recovery.

Better Understand Your Business through Powerful Reports

Gain important insight into your operations and the business through RoyaltyTracker’s suite of reports. Track royalty and rights related financial performance of titles and licensors. Generate detailed title by title analysis.

If you want to manipulate the data yourself, most reports generate Microsoft® Excel® files that you can sort and manipulate as needed.

Finally, our Business Intelligence Suite gives you full access to your detailed data, enabling you to run your own reports through any standard reporting or business intelligence package.

Contact us today for a no-obligation consultation.