Royalty software applications in this section are designed to handle the rights and royalty requirements of publishers. Many of these solutions offer a full suite of optional publishing modules.
Book publisher specific functionality includes support for:
- Royalty basis based on list price and net receipts
- Product format: hardcover, paperback, ebook, audiobook, etc.
- Royalty reserves allows the publisher to withhold a portion of royalties earned to cover future returns
- Minimum payment that allows the publisher to roll-over payments below a specified minimum.
- Multi-currency functionality to import Kindle Direct Publishing and iTunes sales files with foreign currency sales.
- Recovery balances when the contract calls for royalties to be applicable after a specified sales level is reached.
- Advances against future royalty earnings
- Agents and pseudonyms
In the book publishing industry, royalty and rights management system sales are dominated by:
- Real Software Systems
Royalty Software Vendor Target Markets
The software applications below can handle royalties and rights managements requirements of publishers.
|Vendor||Small Company||Medium Company||Large Company|
|Real Software Systems||X||X|
1. EasyRoyalties is an affordable and powerful desktop royalty software solution. Over 400 rights and royalty clients in 17 countries supported from offices in the UK and the US. Prices range from $500 USD for a 50 title license to $18,000 for an unlimited title license. Over 80 royalty software clients in the United States. Optional modules for rights management. Hosted option is available. www.royaltysoftware.net (updated 02/19/2018).
Medium & Large Company Solutions
1. EasyRoyalties is designed to meet the requirements of small to medium sized publishers. Desktop and hosted solutions are available. www.royaltysoftware.net
2. Fadel Partners offers a highly scalable Oracle database solution. The IPM Suite functionality includes rights, royalties, forecasting and self-service portals. Their clients include publishers such as Marvel Comics and Rosetta Books. www.fadelpartners.com (updated 11-23-2013)
3. Ingenta’s Rights & Royalties Management solution is used by McGraw-Hill Education to management royalties for 1 million ISBNs and over 250,000 contracts. They also offer optional publishing specific modules for permissions, editorial & production, online sales & marketing and order to cash. www.ingenta.com (updated 09/19/2017)
4. Iptor Royalties, Rights & Permissions solution is built on a MS-SQL platform. It can be deployed as a stand-alone solution or integrated into the Iptor Bookmaster ERP solution for publishers. (updated 09-18-2017)
5. Klopotek’s Contracts, Rights & Royalties solution can manage all your contracts, royalties and exploitation rights for books, e-books, journals, articles, audio books, tracks and apps in an integrated system. Klopotek’s solution is more than a royalty solution, its a true acquisition management solution that tracks all actions of the negotiation process. www.klopotek.com (updated 11-23-2013)
6. Metacomet offers a hosted solution for medium to large publishers. Author portal is available.
7. Media Services Company’s Elan solution offers an easy to use web-based solution for book and magazine publishers. Includes integrated integrated financials. www.msgl.com (updated 11-23-2013)
8. Real Software Systems Alliant application is a highly scalable and powerful solution. Their client list includes companies such as Houghton Mifflin Harcourt Publishing Company, Kensington Publishing Corp., Open Road Integrated Media, Reader’s Digest and Springer Science+Business Media. They excel at managing royalty software implementations at large $100M+ companies. www.realsoftwaresystems.com (updated 11/23/2013)
9. Schilling; the leading publishing software vendor in the Nordic countries. Their suite of publishing modules includes a powerful royalty module and integrated author portal. www.schilling.dk (updated 11-23-2013)
10. Virtusales Biblio3 solution is an enterprise class system. Virtusales royalty module manages royalties for Penguin Random House – UK, one the largest English language publishers. Other large clients include Hachette UK, Egmont, and Pearson Education. Smaller publishers such as Harvard University Press, Syracuse University Press, Wayne State University Press and VersoBooks also use Virtusales.
Virtusales has a hosted BiblioLive Contracts, Rights and Royalties solution for small to mid-sized publishers. www.virtusales.com (updated 09/21/2017)