Case Study > Rights

Royalty & Talent Payment Processing

Royalty & Talent Payment Processing
Challenge
  • Payment calculation & processing was difficult because of complex, ever-changing guild formulas.
  • No audit capabilities. Because the client calculated payments using a spreadsheet, it had no financial controls and reporting abilities
  • Outside payment firms were a “black box” with no visibility into how they calculate.
  • Manual processing and workarounds resulted in human error and increased overall business risk
Outcome
  • The client can now auto-calculate Talent/Party’s share based on revenue collected across multiple distribution/sales contracts quickly and easily
  • RightsLogic’s calculation engine fully supports all guild rules and requirements
  • Complete visibility and traceability into processing, even as guild rules changed over time
  • Payment calculations are fast, accurate, faster, with reduced risk.
Closed

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