Publishing Industry Solutions for Royalty Management Chaos

Publishing Industry Solutions for Royalty Management Chaos

A November 21 article from The Bookseller reports on the publishing industry’s “hidden epidemic” of chaotic royalty management, payments, and communication. (Heloise Wood, “Royalties survey sparks calls for change as Society of Authors reveals ‘increased reliance on hardship grants.’”)

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Webinar: Royalty Automation for University Presses

Webinar: Royalty Automation for University Presses

In this video we look at exactly how automated royalty management systems work, walking through real-world royalty processing scenarios. We demonstrate how to use an automated system to record contract terms, process disparate sales files, perform calculations, and generate and transmit royalty statements, reports, and payment files. We also review the implementation process and discuss best practices for a smooth and painless transition to automation.

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Royalty Reporting | Definition, Tips & Recommendations

Royalty Reporting | Definition, Tips & Recommendations

In royalty-based industries such as publishing, gaming, and pharmaceuticals, one of the most crucial yet complex aspects of financial management is royalty reporting. Ensuring that licensors and other stakeholders receive accurate, timely payments is essential for maintaining trust and fostering long-term relationships.

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Accounting for Royalty Payments:  Carrying Balances Forward

Accounting for Royalty Payments: Carrying Balances Forward

Accounting for Royalty Payments: Carrying Balances ForwardA common request from our customers is for an explanation of how balances are carried forward when accounting for royalty payments in Royalty Tracker.  In this article, we’ll explore the reasons that balances...

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Royalty Accounting 101: How Royalties Impact Your Business

Royalty Accounting 101: How Royalties Impact Your Business

Royalty Accounting 101: How Royalties Impact Your Business Royalty accounting can be a complex business. Numerous sources of sales, intricate contract clauses, complex calculations and multiple payments mean it can be easy to feel overwhelmed. Don’t worry; you’re not...

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Royalty Systems | Introductory Information & Recommendations

Royalty Systems | Introductory Information & Recommendations

An Introduction to Royalty Systems The system of paying royalties is a method of sharing the costs and sharing the profits of marketing and selling something. This article dives into how royalty systems work, and the best ways to calculate and track royalties....

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