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When we talk to publishers about the benefits of our royalty management systems, some barriers to adoption come up again and again. It’s understandable to have hesitations about adopting new systems into a business, but in our experience it is more straightforward to remedy them than you might think. Here are five of the most common barriers, and how MetaComet helps overcome them.
1. Costs
Any investment in new systems has a cost implication, and new businesses in particular are justifiably tentative about spending money. However, our experience tells us that returns almost always justify the investment. Royalty automation saves hours and hours of work and substantially reduces the risk of error, and both those benefits are frequently undervalued. The alternative—managing royalties manually—brings significant costs of its own.
2. Disruption
Introducing new systems into a business brings anxiety about disruption to everyday business operations. We’re conscious of that, and our tried-and-trusted MetaGoLive process ensures an efficient integration of our royalty management software into other systems within a business, with minimal interference to your work.
3. Technical worries
New systems require a degree of technical competence to manage, especially in the early days. Our support team are ready to help—not just with initial implementation but with all follow-up queries or concerns. As our testimonials show, we’re highly rated for our client care.
4. Security
Keeping systems protected is a top priority. Our cloud-based systems use a state-of-the-art data center that is used by some of the world’s top financial institutions and delivers the highest standards of security.
5. Author relations
Your content creators may be comfortable with their royalty arrangements, and skeptical about any change. But when they get to know MetaComet’s AuthorPortal, they’re usually delighted at the ease of access to their statements and the closer communication to publishers that it facilitates.
If you would like more reassurance on the barriers to royalty system adoption, contact us anytime.
David Marlin is the President and Co-Founder of MetaComet® Systems, a prominent provider of royalty automation tools. Since founding the company in 2000, David has spearheaded the development of a suite of best-in-class systems that effectively facilitate royalty processes for nearly 200 publishers. David has also served as the chair for The Book Industry Study Group’s Rights Committee and Digital Sales Committee.
Before establishing MetaComet Systems, David served as a technology consultant for renowned publishers, collaborating with notable companies such as Random House, Penguin, HarperCollins, Holtzbrinck, Macmillan, Scholastic, Time Warner, and many others. David holds both an MBA and a BA from Columbia University in New York.
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