No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Royalty Tracking & Reporting with Royalty Tracker®
Our flagship platform is far and away the easiest and most powerful royalty tracking software on the market. Literally just push one button and Royalty Tracker® will handle everything automatically. Plus implementation is now free!
Send Out Royalty Statements
with the Push of One Button
Set up your contract terms, enter the personal information for each royalty recipient, upload your sales data, then push literally one button and Royalty Tracker will handle everything automatically.
When you push the “magic button” our royalty system will…
- Calculate all royalty payouts.
- Generate professional royalty statements.
- Send the statement to each recipient and post it to your company’s secure Royalty Portal.
It’s that easy. Once you see our royalty tracking software system in action, you’ll never dread royalty management again.
Convert Complexity into Simplicity
Royalty Tracker’s® sophisticated logic tackles the most complex royalty processing situations and instantly delivers simple, easy to use results.
Our royalty tracking software can…
- Handle an unlimited number of different contracts.
- Easily calculate royalties, no matter how complex your contract terms.
- Support sales-based royalties, patent licenses, milestone payments, revenue-share agreements, franchise fees, and more.
- Handle even the most sophisticated rules, including cross collateralization, kit explosion, minimum guarantees, etc.
- Aggregate sales data no matter how many sources and formats you have.
- Process royalties for any industry, including biotechnology, life sciences, publishing, technology transfer, entertainment, consumer product licensing, and more.
There is almost nothing you can throw at Royalty Tracker® that it has not already been designed to handle. If you think you have a unique situation that will trip up our royalty tracking software, we invite you to schedule a demo and let us show how it will work.
Access the Data You Need with Optimized Reports and Forecasting
Royalty Tracker® has been refined and improved for over 24 years. As part of that conscientious improvement process, we’ve taken customer feedback on hundreds of companies’ reporting and data needs and used it to build the most intuitive, flexible, and useful royalty reporting software you can imagine. In fact, you can get almost everything you need in just 3 reports:
- The Sales Reconciliation Report allows you to instantly see every sales transaction and royalty calculation by product or recipient, and filter the data as you see fit.
- Similarly, the Adjustments Reconciliation Report allows you to view any adjustments you’ve made during any time period you like.
- The Statement Balances Report rolls up everything from the other two reports for easy management, accounting, and accrual reporting.
When you see these reports during a live demo, you’ll be amazed at the simplicity and power you’ll have at your fingertips.
Our royalty tracking software now also builds instant sales and royalty forecasts using your sales history and contract terms.
- Forecast at any level: whole company, business unit, agreement, or a single title; and filter by revenue type.
- Pick your method: linear trend, moving average, Holt-Winters, or “auto” mode. A built-in guide explains each one.
- Customize your scenarios: layer in new releases, one-off events, or seasonal swings.
Plus, as our royalty reporting software is built to handle sensitive financial data, you can sleep easy since we’re SOC 2 Type II Certified for maximum data protection.
MetaComet royalty tracking software and automation tools also streamline revenue sharing management.
For a big picture look at the royalty tracking process, see our article: Royalty Calculation with the Royalty Management Lifecycle™
Take the Next Step
Learn More About Our Solutions
“Each quarter a dread used to come over our office—royalty payments caused cold shivers in everyone. MetaComet and their Royalty Tracker software erased the problems and provided a solution that is easy to use. Their help and customer service has made the fear and dread of royalties a thing of the past.”
— Steve Foster, Chief Operating Officer / Outreach Inc.
Integration, Backups, and Security
Reliable. Scalable. Friendly.
When we moved Royalty Tracker to the cloud in 2007, we greatly simplified our clients’ IT needs while providing even better customer support. By hosting all of our customers, we can take responsibility for virtually all issues and provide the highest level of service. By using a state-of-the-art data center, we also provide you with the reliability, security, and scalability your business requires.
Security
We chose our data center in part because of their experience hosting some of the world’s largest financial institutions. They bring that same expertise to our servers and therefore to our customers, ensuring that we offer you the tightest security available.
Reliability
Reliability is about uptime of your service, and the ability to recover from critical situations. At MetaComet, we provide:
- Automatic nightly backups
- All our servers use RAID 10 to ensure automatic failover, redundancy, uptime and performance
- Disaster recovery
- Responsive, expert support
Scalability
Royalty tracking software needs to scale with your business, and Royalty Tracker processes sales across companies with over 40,000 products, patents, titles, or SKUs, and millions of sales transactions. You can rest assured that Royalty Tracker, with its robust, cloud-based architecture, will support you as you grow.
Many smaller-scale royalty reporting software systems simply start to break down after a couple hundred line items. We have replaced many of these systems that crashed or could no longer handle their users’ loads.
Integration
Royalty management is an integral part of your operations – one that relies on certain operational processes, and is required by others. That means that royalty tracking software needs to connect seamlessly with your existing systems. Royalty Tracker excels at integration with:
Virtually any ERP or Accounting System, including:
- Oracle
- NetSuite
- SAP
- Great Plains
- MS Dynamics
- Quickbooks
- Much more…
Virtually any product database:
- Firebrand Title Management
- Royalty Portal
- Fulfillment systems
- Business intelligence suites
- And much more…
Unlike ERP add-ons or all-in-one platforms that treat royalties as an afterthought, Royalty Tracker was built from the ground up to handle royalty complexity — and has been refined over 25 years of real-world use. Dedicated royalty software that integrates with your existing best-in-class systems consistently outperforms bundled solutions on accuracy, flexibility, and ease of use.
Take the Next Step
Learn More About Our Solutions
Royalty Tracking Software FAQs
Can royalty software handle different rates by format, channel, or territory?
Royalty Tracker applies different royalty rates by format, channel, and territory within a single contract. You set the rate structure once per format, channel, or territory, and the system automatically calculates the correct rate at every sales run.
What’s the best royalty software to manage escalators, tiers, and split royalties?
Royalty Tracker manages escalators, tiers, and split royalties as part of its core contract logic. The system applies tiered rates automatically as sales cross defined thresholds and divides each payment among recipients according to the contract’s split terms.
How do I manage co-author, agent, and contributor splits in one royalty system?
Royalty Tracker manages co-author, agent, and contributor splits in one royalty system by letting you define each party’s share directly in the contract setup. The software then calculates and distributes every recipient’s portion automatically when statements are generated.
What software can calculate royalties from subscriptions, bundles, or kits?
Royalty Tracker calculates royalties from subscriptions, bundles, and kits using its kit explosion feature. The system breaks a bundled or kitted product into its components and calculates royalties for each one according to its own contract terms.
Can royalty software handle foreign currency sales and payouts?
MetaComet handles sales reports in all formats and currencies, calculating royalty payments and generating statements automatically. The software supports multi-currency payouts at scale, so international sales data feeds into accurate, integrable reporting without manual conversion work.
How do I automate royalty reporting for quarterly and semiannual payouts?
Royalty Tracker automates royalty reporting for any payout schedule, including quarterly and semiannual cycles. You load sales data on your reporting cadence, and the system recalculates and refreshes statements without manual rework.
How do I automate royalty payments and statement delivery?
As dedicated royalty reporting software, Royalty Tracker automates royalty payments and statement delivery with a single button. The system calculates every payout, generates the statement, sends it to the recipient, and posts it to the company’s secure Royalty Portal in one step.
What royalty software works with QuickBooks?
Royalty Tracker works with QuickBooks as one of its supported accounting system integrations. The software syncs royalty data directly with QuickBooks, so payout and accrual figures stay consistent across both systems.
What royalty software integrates with NetSuite?
Royalty Tracker integrates with NetSuite as one of its supported ERP connections. The software passes royalty calculations into NetSuite automatically, removing the need for manual data entry between systems.