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Royalty Management
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MetaComet & Firebrand Integration: Optimize Your Operations
Best-in-Breed Publishing solution providers MetaComet® Systems and Firebrand Technologies are proud to introduce a partnership that will help your operations maintain accurate and consistent data, from project conception through royalty payments. MetaComet’s® Royalty Tracker® system reduces effort by automating the process. Managing contracts, creating statements and distributing payments has always been a labor intensive process fraught […]
Closing a Royalty Period and Generating Royalty Statements
One of the most common questions MetaComet’s support team receives is how to close a royalty period and generate the corresponding royalty statements. If you are not paying monthly royalties (and few companies do) then you will typically go 3, 6 or even 12 months between closing statements. With that time between statements, it is […]
Online Courses: Royalty Management for Instructors and Professors
As education continues to move online, the compensation scheme for instructors and professors moves along with it. It is now easier than ever to allocate revenues directly to professors and their courses, which provides an opportunity for royalty-based payments. Managing those royalties, though, is a challenge fraught with risk. The opportunities for mistakes is high, […]
Consolidating Sales Data: Phase III of the Royalty Management Life Cycle™ Model
Do you have trouble managing all your sales data? Keeping track of all the files received each month from each source Combining those files into a single sales database Managing currency conversions Reporting and analyzing your sales Using those sales to calculate royalties This article, a part of our Royalty Management Life Cycle™ series, shows […]
Rights and Royalties Experts MetaComet® Systems Selected as Approved Member Benefit Provider by Independent Book Publishers Association
Independent Book Publishers Association (IBPA) offers unique discounts to its members for MetaComet’s Services and Royalty Management Software. South Hadley, MA – December 17, 2012 – The Independent Book Publishers Association selected MetaComet Systems as an approved member benefit provider. IBPA members now qualify for special discounts and benefits on MetaComet Systems’ best-selling royalty management […]
Introduction To Revenue Sharing
Revenue sharing is a tactic that many companies use today. Allowing employees to share in company profits helps to lure the best and the brightest on the market. Companies also promote revenue sharing as a way to motivate employees. Higher revenues mean more money for the employees. Collective Bargaining Often Determines The Split The percentage […]
Royalty Tracker: A Look Back at Our Recent Royalty Management Enhancements
2011 was a great year for the world of royalty and rights management! MetaComet Systems added dozens of new features to its Royalty Tracker platform, making the world’s most powerful rights and royalty software even better (and see below for a sneak peak of what’s coming in 2012). Here is a list of the most […]
Royalty Processing and Royalty Accounting – Best Practices
Publishing is an old activity – dating back nearly 6 centuries – and it’s existed as a business for nearly as long. But while Johannes Gutenberg’s innovations led to profound changes for society in general, he himself was financially unsuccessful, and he certainly didn’t set down any guidelines about running a publishing business. In the […]