Ensure accurate calculation and payment of your royalties with Schilling Royalty ManagementWith Schilling Royalty you can service your authors, contributors, and rights owners from initial contract to final payment, and handle the complexity in the deals of today and tomorrow. You can save time and reduce costs with the Schilling Royalty solution, many work processes are fully automated, and royalty settlements merely require a push on a button.
Schilling Royalty handles quantity-dependent rates and deductions, such as for example binding deduction. Royalty is calculated after deduction. In other words, the more authors, the more time and money is required to ensure the correct handling of an agreement. The Schilling Royalty solution makes the entire process much easier. Once the agreement has been entered into the system, royalty is automatically settled for each sale with predefined rates, prices, currency, etc.
Schilling Royalty includes an agreement template that makes it very easy to create author agreements. The template guides you through the sales channels and the associated price groups and royalty rates, ensuring that agreements are handled correctly.
Schilling Royalty is available either as a stand-alone module that is integrated with your existing finance system or as an integrated part of a combined Schilling Contract, Rights and Royalty solution or a complete publishing solution. Schilling Royalty is an important piece of the puzzle of ensuring correct handling of author agreements and fees. See what possibilities and improvements Schilling Royalty can give you
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