A Sustainable Solution For Evolving Business Models

Effective financial management of licensed intellectual property contracts can yield distinct competitive advantages. However, the complexity of royalty terms, calculations and transactions associated with such contracts is often underestimated. Consider the following:

Can you easily adapt to variations in financial terms and changes in your business model?
Is royalty processing a constant drain on your resources?
Do your royalty processes provide the control and audit-ability necessary to ensure trusted results for all parties?
Are you paying your valued licensors, content providers, vendors and other participants in a timely and accurate manner?
Are your statements clear, accurate and consistent with the terms of your contracts?
Can you respond quickly and efficiently to the information demands of licensors, licensees, participants and your management?

REAL Software Systems developed the Alliant Royalties software solution to enable you to successfully address these and other issues. It is the only software of its kind that has been proven to support the diverse needs of intellectual property-oriented industries.

Entertainment

Publishing & Information Services

Merchandising

Life Sciences

Technology & Industrial Products

proactively manage partnerships

The financial terms negotiated in a typical license contract aren't getting any easier to track. Licensors are having to find new sources of revenue in order to leverage their original asset investments. Accuracy is important because money and valued relationships depend on the correct administration of contract terms. Industry consolidation and new distribution channels further complicate matters.

With Alliant Royalties, you maintain your deals in a controlled manner. The highly configurable architecture allows you to describe your most complex business terms, calculations and statements. You can create the fields and information types to track information specific to your company and industry. This information is then available when you calculate, report on, and administer your royalties. You have the flexibility to describe your royalty terms now, regardless of their complexity, and the critical ability to evolve those terms as your industry and markets change. Using Alliant Royalties, your system does not become obsolete simply because your business requirements change. This flexible design enables you to handle today's needs while allowing you to evolve and address the diverse and unpredictable challenges of tomorrow.

With Alliant Royalties, you not only decide when and how to enter, review and approve new and revised contracts; you specify who has access to your most sensitive contracts. Using the comprehensive security application, you determine how to access your business data. And you never lose control. Alliant Royalties maintains an audit trail for every version of each contract, allowing you to view a complete history of any contract at any time.

access the data you need

Simply collecting the information needed to process royalties can be a daunting task. You may require data to be provided from a number of different systems. Alliant Royalties automatically brings all of this information together in a single centralized repository. You spend your time managing your business, not chasing data.

Data can be interfaced from any type and number of systems and can be normalized into a consistent internal format. Sophisticated error detection processes analyze the data and suspend any invalid data. Suspended data can be reprocessed in a controlled fashion. Specialized query tools allow you to report on and analyze transactional data. Interfaces with Alliant Royalties can easily adapt to system changes, for example, an update to the corporate General Ledger, or the addition of new systems due to an acquisition or new distribution methods.

simplify complex processing using business rules

The growing complexity of royalty calculations is often a challenge to manage. Alliant Royalties simplifies these calculations, while providing the flexibility and controls required to manage your business. Alliant Royalties' powerful and reusable business rules management facility can be used to define how data is gathered and manipulated. Alliant can apply business rules on contract groupings or on a contract-by-contract basis, allowing for variation among contracts over time.

Additionally, the system is highly configurable, with numerous user-defined constructs that provide even more flexibility. The following few examples illustrate what you can achieve using Alliant Royalties business rules and configurations:

Royalty rates that can vary over time and over any attribute of a transaction (i.e. by product, territory, or sales channel).
Royalty rates that can be applied over an unlimited number of tiers, delineated by accumulated units or revenue.
Advance payments that can be generated outside of Alliant and interfaced or triggered within Alliant and subsequently tracked and recouped in any number of ways.
Cross-collateralization of advances across contracts, within contracts or within user-defined projects.
Guarantees that are automatically tracked, with triggers for the payment of recoupable or non-recoupable shortfalls.
Reserves for returns or bad debt that can be taken against royalty earnings and may vary by any transaction attribute.
Multi-currency capabilities that allow revenues, costs and other data to be provided in one currency and processed in another, as well as payment amounts that can be expressed in any currency.

Entirely new and unique methods of calculating royalties, rights and other deal terms can be efficiently implemented in a controlled fashion using business rules, giving you the choice of how to manage your revenue sharing contracts.

deliver statements that match your business

Flexibility of statement presentation is critical since contractual requirements and preferences vary greatly among deal types, licensors and licensees. Alliant Royalties provides user-specific statement formats that are defined independently from contracts for maximum flexibility and reuse. Statement formatting capabilities give you unlimited variations in statement presentation. User-defined schedules guide statement preparation. Statement approvals are managed by the system, and images of completed statements are stored and controlled in the database for future reference. Alliant Royalties also provides multiple, reusable statement sections that can be mixed and matched for each licensor, licensee or participant.

other benefits

Additional features maximize Alliant Royalties' flexibility and ease-of-use. Security features allow for the sophisticated, role-based control of access to both data and processes. A Notes facility allows you to associate notes with contracts, licensors, licensees, participants, products and numerous partners. These notes can consist of text, automatic reminders, and data files, such as spreadsheet and word processing files. User-defined keywords can also be associated with many entities, such as contracts, within Alliant, allowing you to easily find, group and report on these items.

the solution

When looking for a royalty management system that will adapt to varied and changing business needs, accurately control payments, and protect your hard-won relationships and access to intellectual property; Alliant Royalties and RSS provide the solution. RSS has been developing and deploying software solutions to manage royalty, rights and revenue sharing contracts across numerous industries since 1993. It is both our customers' diversity and the commonality of their needs that continue to drive the product and services innovation that has made RSS a market leader. The scale and diversity of these customers is a testament to the flexibility and scalability of our products and approach.

With Alliant Royalties, you have the flexibility and control required to:

Operate a cost-effective, streamlined and responsive royalty processing operation.
Generate timely, correct and meaningful statements.
Respond to the information needs of your business.
Adapt, as deals and industry practices evolve.

It all comes down to efficiently managing your royalty processes and retaining relationships with your valued business partners. Alliant Royalties lets you take control of all your royalty management needs, today and in the future.

Alliant Royalties is a member of the Alliant family of software products, which simplify the complexities of managing licensed intellectual property.