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Home NetSuite Apps Suiteapp Hybrid MetaComet Systems Royalty Management
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MetaComet Systems Royalty Management

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MetaComet® Systems’ Royalty Tracker platform automates the royalty and revenue sharing process, reducing effort by up to 90% while eliminating risks and providing confidence in the results. Record your agreement details in Royalty Tracker’s intuitive interface, then simply ingest your sales data. Royalty Tracker automatically generates real-time reports and statements which can be distributed to all your recipients with the push of a button. Statements can be emailed or made available through our online Royalty Portal. With MetaComet’s Royalty Tracker SuiteApp, you can easily ingest your payment details into NetSuite’s Accounts Payable system.

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Categories: Hybrid, Suiteapp, NetSuite Apps
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  • Description
  • FEATURES
Description

MetaComet’s Royalty Tracker NetSuite Integration

MetaComet’s NetSuite App enables simple ingestion of royalty and revenue share payments into NetSuite’s Accounts Payable, facilitating payments to recipients.

Streamline your royalty operations:

  • Record contracts in Royalty Tracker
  • Ingest sales data
  • Send payment details to NetSuite
  • Distribute royalty statements with the push of a button

Key Benefits

Reduce Effort by 90%.  Once your contracts are in Royalty Tracker, the rest of the process is nearly entirely automated.  Simply ingest your sales, review the results, and push a button to distribute statements to your recipients.

Eliminate Errors.  Virtually all royalty processes that don’t involve a system like Royalty Tracker results in errors.  Royalty Tracker will eliminate the most common errors associated with manual processes or antiquated systems.

Enable Growth.  Royalty management can hinder a company’s growth.  By automating the process, you eliminate this barrier to success.

Improve Partner Relations.  Most companies value their relationships with their licensors, authors, and creators.  Give you partners confident in the results, and the ability to view their royalties online.

Customer Quote

Before MetaComet® Systems, royalty tracking and reporting was a nearly insurmountable challenge. We now have a very smooth process which enables us to meet the needs of our authors, editors, and CFO. MetaComet® Systems is always responsive and can communicate equally well with business people and systems professionals alike. It has been a great investment.

– Carla Quental, VP of Customer Service, Rowman & Littlefield

Easy Setup

MetaComet’s proprietary MetaGoLive® implementation process builds on over 20 years to deliver a fully functional production system on time and on budget.

FEATURES

Capture the Most Complex Royalty Rules with a Simple Interface

  • Vary royalties by sales type
  • Tiers/Escalators/Sliding Scales
  • Reserves against returns
  • Payment terms
  • Advances, minimum guarantees, and other adjustments
  • And much more

Easily Ingest Sales from Virtually Any Source

MetaComet’s Sales Aggregator enables you to easily ingest sale files in their native format, without having to modify or manipulate the raw data.  Simply upload the original file to the Sales Aggregator, and Royalty Tracker does the rest.

Real Time Reports and Statement Generation

See your results within minutes of ingesting sales data.

Powerful Reports

Easily see accruals, net payables, unearned balances, and much more.  And with just 3 reports, you can perform a thorough audit of your results.

Ingest Payment Files into NetSuite

Once royalties are calculated, payments must be made.  With MetaComet’s SuiteApp, you can easily ingest these payments into NetSuite’s Accounts Payable for payment.

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