Archives for August 2016

Royalty Software Selection for Book Publishers

Royalty software selection is an art. You want to purchase the software application that will best meet your current and future requirements.

  • Budget
  • Royalty Rules
  • Scalability
  • Expansion Options

Royalty Software Budget

The first criteria to examine is your budget. If your resources are limited or you want to minimize your expenditures EasyRoyalties will be your likely choice. Their prices range from $500 for (50 titles) to $18,000 (for 3,000+ titles) and implementation costs are minimal. If you can afford $10K to $30K a year for royalty software Metacomet’s Royalty Tracker, Klopotek and Virtusales offer royalty solutions that are more scalable, will process royalties faster and; in the case of Klopotek or Virtusales, offer a wide range of optional modules such as title information management and production management.

When looking at cost, look at the three year cost of ownership. The three year cost of ownership is the total cost of software, hardware, implementation and support services for a three year period. [Read more…]

Update 4.6.12

Our royalty software is updated about twice a month. With Update 4.6.10 the software will automatically notify users when an update is available.

Recent updates added these features to our royalty software;


04.06.02

  • Improvement: New fields added to export functions on: Royalty Analysis Report, Royalty Statement.
  • Improvement: Author preferred payment method added to mail merge on royalty statement mailing templates and mail merge from royalty contracts view.
  • Improvement: Additional fields added to Permissions import (item paid, paid date, payment method, payor’s reference)
  • Improvement: Permissions import: default components created for titles and/or ISBNs with no component name referenced.

Users with the Optional Rights module can now import permission sales and payments at the same time. This is useful for clients that use an outside service; such as the Copyright Clearance Center, to handle permission and reprint sales.

[Read more…]