ROYALTY PROCESSING AND PAYMENTS
Streamline Your Royalty Calculation Process
Specifically designed for the publishing industry and capable of
handling complex royalty calculations and payments for both physical
and digital content.
High Speed, Complex Calculations, Fully Scalable Solutions
Fully supporting head contracts, subright contracts and sub-licensed subright deals as standard, BiblioRoyalties’ advanced, high-speed royalties processing will meet the needs of any publisher.
BiblioRoyalties can be scaled to suit all business requirements, either as a standalone solution or fully integrated with BiblioLIVE or Biblio3, to share accurate and timely information relating to titles, contributors and beneficiaries throughout your business. Combine the full rights processing activities available for a completely integrated rights and royalties system.
With Virtusales, we have found a scalable, yet integrated Royalties and Rights solution that encompasses everything we need for centralising and streamlining our processes. This solution will eliminate the need for different software systems and provide accurate and speedy reporting, allowing us to make better decisions with a new level of confidence.
Dan Wackrow, Chief Financial Officer,
Harvard University Press
Advanced Royalty Calculations
From joint accounting for multiple titles to multi-currency advances and deduction tracking, Biblio can process the most complex royalty calculations, including; combining products and rules for sales escalation, calculate retentions and refunds, offset earnings against advances or to other titles and payees and automatic handling
Royalty Runs on Demand
Complete royalty runs on demand for individual contracts or a whole period and display real-time publisher commitments. Display accrued earnings based on the very latest information, showing the effect of contractual changes immediately. Generate draft statements to begin reconciliation of a period end early in order to minimise workload bottlenecks.
Aggregate and View Sales Data
Import daily sales feeds from multiple disparate sources, in different formats and currencies. The system then aggregates the sales data and allows users to drill into royalty calculations to view and edit sales data with a robust audit trail.
High Speed Calculations
Using its advanced royalty calculation engine that takes advantage of multiple CPU servers, the Biblio suite is capable of delivering a full period-end royalty run in record time.
Flexible Statements on Demand
Create printable statement packs on demand. Show earnings grouped by customer; manage newly published titles in the current period, and titles being suppressed from the printable files due to sales inactivity. Produce a duplicate pack for a third party and pay a percentage of the earnings if required.
Easily Share Information with
The Biblio suite’s powerful reporting engine includes a range of preconfigured reports as well as allowing users to build their own. Reports can be scheduled to run automatically and delivered to email addresses and external systems.
Integrated Royalty and
The Biblio suite fully supports multiple publisher-based ledgers, both for royalty earnings and payment reconciliation.