1
Auto-ingest income statements
2
Match to repertoire automatically
3
Distribute royalty statements
Automatically register works via CWR, ingest the resulting income from any source then distribute statements to writers and publisher partners. All achieved automatically and seamlessly in minutes.
Automatically register works via CWR, ingest the resulting income from any source then distribute statements to writers and publisher partners. All achieved automatically and seamlessly in minutes.
1
Auto-ingest income statements
2
Match to repertoire automatically
3
Distribute royalty statements
Features
Invisible
Catalogue Management
• Register songs with collection societies via CWR files
• Receive ACK files from societies and record their works numbers for easy matching to subsequent royalties
• Detail your songs along with their controlled and non-controlled writers and publishers
• Define writers with CAE and IPI codes and link to publishers via agreements
• Define Original Publishers with CAE and IPI codes and link to Sub-Publishers via Agreements
Clients and Agreements
• Rates defined at source or net by client agreement
• Define many clients for a Payee and cross-collateralise where necessary
• Rates varied according to Income Type, Territory and Source
• Define frequency of accounting – half-yearly, quarterly, monthly, annually; even off-quarterly etc.
• Define payment terms – 90, 60, 30 days etc
• Report to Payees in currency of their choice
• Rates can be expressed as a royalty or unit rate in addition to the normal receipts basis
• Link agreements to writers and publishers – no need then to link contracts song by song
Income Processing
• Import your income directly into the database from whatever format is provided by your income sources and sub-publishers
• Income consolidated over differing entities which can reduce an income file by up to 90%. You decide what your income database will process and what granularity your business requires
• Automatically match income to songs by ISWC, works number and even title and composer. You decide how your income database will match and what your business requires
• Unlimited number of Income Types. You decide how your income database will process and what your business requires
• Report income in any currency, convert to base currency of host company and then pay out in currency of Payee
• Select individual income lines and show prospective royalty liability online
Calculations and Statements
• Royalty statements customised with your own logos and graphics
• Email royalty statements direct to Payees
• Powerful royalty engine calculates whole periods in minutes NOT hours
• Calculations performed across all sales or by selected sales statement or source
• Provisional calculations performed as accruals with no royalty liability recorded allowing for transparency and flexibility
• Withholding tax and VAT applied where required
• Royalty statements defined to show as much or as little as you need to report
