Royalty Services for book and music publishers

Professional Accountancy for Book & Music Publishers

Ten Reasons to Outsource Royalty Management: 1. Control. You know how much your Royalty Statement production will cost. You only pay for statements produced.; 2. Cost. Employing staff has many on-costs. N.I., office space and the continuing requirement to update both hardware and software. Outsourcing your Royalty Statement production immediately takes you off this treadmill.; 3. Security. Employing full or part time staff leaves you vulnerable to holidays, sickness and dependant on the availability of competent people.; 4. Accuracy. Sales data is imported directly from your distributors - with no manual keying the data is 100% accurate.; 5.Time. Outsourcing ensures that you have more time to get on running your business.; 6. Convenience. Your contracts will be electronically archived and indexed for quick and easy retreival. Thousands of contracts can be held on a single CD.; 7.Continuity. Outsourcing your Royalty Statement production ensures continuity of a professional service to your Authors and Agents.; 8. Flexibility. Your Royalty Statements are produced on your own or custom designed stationery. Reports can by tailored to meet your requirements.; 9. Merchandising Support. Earnings for spin-off products can be calculated and merged with overall product reporting.; 10. Multi-Currency Support. Earnings can be calculated and reported in native currencies and converted for consolidation.

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Interax operate a comprehensive royalty service for book and music publishers based on their Gsys 'Rstats' software. It is designed such that sales data may be taken directly from the distributors along with rights and advances data from the publisher. The royalty rules are taken from the contracts and built into your catalog database. The sales data is processed through the 'rules engine' and statements and other financial reports produced.