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Royalty Management
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An Agent’s Perspective on Royalty Statement Errors
Tis the season, right? Agent Kristen at Pub Rants is certainly caught up in the spirit, and has the decorations to prove it: a desk full of royalty statements. Yes, it’s high royalty season – the period in late Fall, before the close of the fiscal year, when publishers are tallying volumes and percentages at […]
Choosing the Right Royalty Software: Royalty Accounting
As I mentioned in Part 1, publishing is a deceptively complex business. I touched on a few of the general considerations in choosing a royalty software solution for your company in Part 1, from general function areas to investigate, to how to vet a royalty software manufacturer. This article will focus specifically on the royalty […]
Choosing the Right Royalty Accounting Software Solution for Your Company – Part 1
Publishing is a deceptively complex business, requiring the ability to track book production, royalties, returns, multiple warehouses, multiple sales channels, etc. With so many time-consuming administrative tasks, the day-to-day business of publishing can become an exercise in data management, rather than an endeavor to find the most marketable books and put them into print. […]
Soho Press Case Study
The Challenge: Soho Press is a boutique publisher, dedicated to publishing as an art. Since 1987, Soho’s mission has been to “publish good books well….whatever is interesting, moving and well written,” earning both mainstream success and a cult following, for its stylish satire, literary fiction, and noir-ish thrillers and mysteries. Dedication to artistic and literary […]
Silver Moon Press Case Study
The Challenge: Silver Moon Press is a growing publisher for the school and library markets. They used Excel to track sales of each title and to generate and print invoices. At the end of each six-month royalty period, they tallied everything up all over again. The process required lots of keystrokes, many steps and, frankly, […]
Rowan & Littlefield Case Study
The Challenge: Since its founding 30 years ago, The Rowman & Littlefield Publishing Group, with nearly 30 imprints, has grown to become one of the largest independent book publishers and distributors in North America. Along with success came a sea of 20,000+ contracts and 35,000 statements, each with multiple payment variations. Projecting accurate cash flow […]