Publishing royalty software | Royalty tracking and management | Schilling

Royalty management for publishing

BEST IN CLASS AND DEPENDABLE ROYALTY MANAGEMENT SOFTWARE

Make a complex, time-consuming process much easier and more efficient with our advanced royalty software for publishers
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Make a complex, time-consuming process much easier and more efficient

Dependable and accurate royalty management software

As a publisher you need to maintain a good reputation and trustworthiness to sign authors. It starts with dependable and accurate royalty management. With Schilling Royalty, you handle every agreement on time and accurately. In fact, you’ll calculate payments three times faster than with Excel and issue payments twice as fast as via manual methods. And servicing your authors, contributors, and rights owners is easy, thanks to fully automated routines and customised agreement templates.

Simple calculation of publishing royalties

Once you’ve entered an agreement into the system, royalties are calculated automatically – making even quantity-dependent rates and deductions simple and 100% accurate. Everything is available in one intuitive system, either as a separate module integrated with your current finance system or as an integrated part of a combined Contract, Rights & Royalty solution. Regular system updates ensure that it stays up-to-date. So the only surprise you might get with your annual result is that there are no surprises.

Make a complex task easy with efficient royalty management software from Schilling

  • Fully automated routines for calculations and settlements
  • Track several authors on one ISBN number
  • Use bar codes to reserve and import annual returns from bookshops, if required
  • Register titles with edition and impression control
  • Handle several authors with individual agreements on the same publication
  • Make settlements whenever you want
  • Determine publication price, price groups, and sales channels freely
  • Include all rights sales in one settlement

Schilling Royalty management software has proven its capacity to help publishers grow their businesses for more than 30 years. Now its your turn.

Examples of features

Automated settlements

Correct and automated settlement of terms in the royalty agreements with royalty calculation templates.

Advanced royalty calculation engine

A large number of royalty calculation models that can be used for all formats of a title and set off in the settlement automatically.

Flexible calculation and edit options

Automatic compilation of error transactions ensures continuous overview and easy error correction.

Efficient final settlement

Close royalty agreements and easily make correct final settlements, even for complex agreements, with automatic calculation of loss from unused remaining guarantees.

Send royalty settlements directly

Send settlements to the royalty recipients via an online portal or as pdf files.

Detailed royalty settlements

Give royalty recipients a complete overview of sales, free copies, and inventory of physical products, and a summary page with several agreements. The system also handles returns.

Interactive reporting tool

Stay up to date with a complete overview of the publisher's royalties, any outstanding guarantee amounts, and income per royalty recipient or title.

Overview of your settlement runs

Settlement runs can include future settlements and due settlements.

Quick distribution of inheritance

Distribute inheritance to one or more royalty recipients with just a few clicks for several titles in one go.

Return handling

Ensure that copies returned after the settlement period are included in the settlement for the period.

Unlimited number of royalty recipients

Unlimited number of royalty recipients and co-recipients, including significant contributors in compliance with EU regulations.

Visual dashboards for business overview

Visual and interactive dashboards – standard and with freedom to design your own or role based views
Royalty planning

Visual dashboards

Interactive dashboards – standard and with freedom to design your own or role based views.
Easy overview of due royalties, settlements,  errors in transactions, planned royalty payments, and ability to generate detailed and customizable reports for better royalty management.

ROYALTY MANAGEMENT

Calculate royalties at the touch of a button

Once you have created the agreements in the system, royalties from each sale are settled automatically with predefined rates, prices, etc. Royalty settlement is simple for all sales channels.

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What our customers say

CUSTOMER CASE

Bonnierförlagen makes full use of Schilling Publishing

One of Europe’s leading publishing groups, Bonnierförlagen, says Schilling has a very far-sighted and solution-oriented approach – with “a genuine willingness to get from A to B in the best possible way.”

SEE FULL CASE

Because royalty calculation is quite complex and at the same time one of the most important financial transactions for a publisher, we chose Schilling because Schilling has the most efficient royalty solution in the market as far as we know.

Heidi Antonsen CFO, Cappelen Damm

FAQ - Royalty Management

How do I select royalty management software?

Selecting the right royalty management software involves careful evaluation of your specific needs. The right software solution should match the size of your company, and how many transactions and royalty agreements you need to manage. You should also consider the complexity of your contracts with varying rates, advances, and other terms. Schilling's royalty management software covers small, medium-sized and large publishers with its tiered and flexible solution.

What kind of reporting capabilities should royalty software provide?

Royalty software should provide a range of reports that give publishers valuable insights in many areas of their business, for example earnings and revenue, overview of their contracts and rights including rights utilisation, the performance of their authors and other contributors, and forecasting. The software should also provide reports that show how much the publisher owes to the authors, the remaining balance of any advances that need to be recouped, and an overview of unsettled agreements. It should also provide a clear overview of the owed amounts that will be included in the next royalty run.

 

Choose a single module or a flexible, fully integrated solution

Schilling Asset management

Asset management

Register, track and validate all your assets and view all available rights – simply
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Schilling Rights management

Rights management

Easily manage all your contracts and rights re: acquisitions, own utilisation and sales to foreign partners
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Schilling Royalty management

Royalty management

Save time and reduce costs while handling even complex agreements automatically and accurately
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Schilling Author portal

Author portal

Improve and manage your author and agent relations with a self-service solution that saves time and money
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Schilling Publishing lifecycle management

Publishing lifecycle management

Give every department easy access to all the info about a project, from idea to publication to reorder
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