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Royalty Tracker

by MetaComet Systems · Since 2000
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ActiveAvailable globallyCloud
Quick facts
VendorMetaComet Systems
Year launched2000
StatusActive
Location47 Pleasant St. Suite 1-SW, Northampton, MA, United States, Massachusetts
Countries servedGlobal
Languages9
Integrations6+
Free tierN/A
Free trialN/A
Contact salesYES

About Royalty Tracker

Royalty Tracker is a royalty management software from MetaComet Systems that simplifies the process of tracking and reporting royalties for publishers and authors. It combines features such as automated royalty calculation, detailed reporting, and customizable statements so clients can manage their financial data accurately and efficiently. The software supports various types of royalty agreements and provides real-time access to royalty information. Users can easily generate reports and monitor sales performance over time. Key capabilities: automated royalty calculation detailed reporting customizable statements real-time access sales performance monitoring Best for: publishers and authors that need efficient royalty management solutions.

Royalty Tracker by MetaComet Systems stands out as a robust and mature solution in the often complicated realm of royalty management and digital rights administration. With over two decades of refinement, the software offers a comprehensive and highly automated system for businesses tasked with handling royalty payments, whether in publishing, content licensing, biotechnology, or entertainment. Its main appeal lies in transforming what is traditionally a grueling and error-prone process into a streamlined, largely automated workflow. The central promise of Royalty Tracker is to reduce an entire royalty cycle—calculations, statement generation, and distribution—into what the company calls a “one-button” operation. This branding captures the software’s mission: making royalty management not only easier but also faster and more reliable. At its core, Royalty Tracker is designed to handle the complexity of diverse royalty agreements with precision. From unlimited contracts and complicated calculation scenarios to custom rules like cross-collateralization, minimum guarantees, and kit explosions, the platform adapts to an array of contract structures.

Pros & Cons

Pros
  • Automation Power: One-button royalty processing simplifies operations drastically.
  • Flexible Contract Handling: Supports unlimited and complex contract terms effortlessly.
  • Robust Reporting: Three key optimized reports cover reconciliation, adjustments, and balances.
  • Industry Versatility: Works across book publishing, biotech, and more.
  • Scalable Architecture: Handles millions of transactions and over 40,000 titles.
  • Integration Friendly: Compatible with major ERP/accounting systems and product databases.
  • Security & Reliability: SOC 2 Type II certified, nightly backups, RAID 10, and disaster recovery.
  • Positive Client Feedback: Strong testimonials emphasize ease of use and dependable support.
Cons
  • Complex Initial Setup: Requires detailed contract input and sales data upload before automation.
  • Cloud Dependency: Full reliance on hosted infrastructure might not suit on-premise preferences.
  • Limited Custom Reporting Mention: Beyond the three main reports, flexibility in custom reports isn't clearly stated.
  • No Pricing Info Publicly Available: Users must schedule demos for cost details.

Features

Key features

Automated Royalty Processing

Calculates all royalty payouts, generates professional statements, and sends/posts them automatically with one button push.

Complex Rules Handling

Manages unlimited contracts and sophisticated rules including cross-collateralization, kit explosion, and minimum guarantees.

Aggregates Sales Data

Consolidates sales data from various sources and formats into a unified system.

Optimized Reporting

Provides essential insights through three key reports: Sales Reconciliation, Adjustments Reconciliation, and Statement Balances.

Cloud-Based Security

Ensures maximum data protection with SOC 2 Type II Certification, automatic nightly backups, and RAID 10 for redundancy.

Extensive Integration

Seamlessly integrates with virtually any ERP/Accounting System, product database, fulfillment systems, and business intelligence suites.

Additional features

Automated Royalty Payout Calculation

Automatically calculates all royalty payouts.

Automated Royalty Statement Generation

Generates professional royalty statements.

Automated Statement Distribution

Sends statements to each recipient and posts them to a secure Royalty Portal.

Unlimited Contract Handling

Can manage an unlimited number of different contracts.

Complex Royalty Calculation

Easily calculates royalties, even with complex contract terms.

Sophisticated Rules Management

Handles sophisticated rules like cross collateralization, kit explosion, and minimum guarantees.

Sales Data Aggregation

Aggregates sales data from various sources and formats.

Industry Agnostic

Processes royalties for any industry, from book publishing to biotechnology.

Sales Reconciliation Report

Allows instant viewing of sales transactions and royalty calculations by product, recipient, and title.

Adjustments Reconciliation Report

Allows viewing of any adjustments made during any time period.

Statement Balances Report

Rolls up data from other reports for easy management, accounting, and accrual reporting.

SOC 2 Type II Certified

Ensures maximum data protection and security.

Cloud-Based Platform

Hosted in the cloud since 2007, simplifying IT needs.

Automatic Nightly Backups

Provides automatic nightly backups for reliability.

RAID 10 for Redundancy

All servers use RAID 10 to ensure automatic failover, redundancy, uptime, and performance.

Disaster Recovery

Includes disaster recovery capabilities.

Responsive, Expert Support

Offers responsive and expert customer support.

Scalability

Processes sales for companies with over 40,000 titles and millions of sales transactions.

ERP/Accounting System Integration

Integrates with Oracle, NetSuite, SAP, Great Plains, MS Dynamics, Quickbooks, and more.

Product Database Integration

Integrates with Firebrand Title Management, Royalty Portal, and other product databases.

Fulfillment System Integration

Integrates with fulfillment systems.

Business Intelligence Suites Integration

Integrates with business intelligence suites.

Revenue Sharing Management

Streamlines revenue sharing management with automation tools.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
9
Interface languages
6
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchJapaneseChinese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD

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