A Sustainable Solution for a Changing Industry
Managing profit participations can be quite a challenge given the uniqueness and complexity of contracts. Data comes from many diverse sources and the constant evolution in both business and technology makes change the norm. Consider the following:
- Can you easily adapt to variations in financial terms and changes in your business model?
- Is the processing of participations a constant drain on your resources?
- Do your participations processes provide the control and auditability necessary to ensure trusted results for all parties involved?
- Are you paying your valued talent, producers, 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 participants and management?
Developed in close collaboration with global entertainment companies, Alliant Participations is the leading generally available software solution proven to support the complex participations requirements of the entertainment industry.
increase your power to manage deals
The terms negotiated in participations contracts are getting increasingly more complex making them more challenging to manage. With Alliant Participations, you can manage your deals in a controlled manner. Alliant’s flexible design enables you to describe your most complex business terms, calculations and statements through an intuitive user experience. You have the flexibility to describe your terms as they currently exist, regardless of complexity, while also maintaining the critical ability to evolve those terms as your business and contracts change. Alliant Participations enables you to manage today's needs and be prepared to address the diverse and unpredictable challenges of tomorrow.
access the data you need
Simply collecting the information needed to manage participations can be a daunting task as you likely need data from many different systems and sources. Alliant Participations automatically brings all of this information together so you can spend time managing your business, and not chasing your data.
Using Alliant’s flexible integration tools, data can be interfaced from any type and number of systems. Sophisticated error detection processes will analyze and suspend invalid data, allowing you to reprocess data in a controlled fashion. Specialized reporting tools allow you to report on data in a flexible manner. Integrations with surrounding systems can also be easily adapted as your systems environment changes.
With Alliant Participations, you can decide when and how to enter, review and approve contracts. Using comprehensive role-based security, you can control access to your business data and specify who has access to your most sensitive contracts. Alliant Participations maintains an audit trail of every contract version and every statement created by the system, allowing you to view a complete audit trail of any contract when necessary.
simplify complex processing with business rules
The growing complexity of participations calculations is a challenge to manage. Alliant Participations simplifies the management of these calculations, while providing the flexibility and controls required to manage your business. Alliant Participations' powerful and re-usable business rules can be used to define how data is gathered and calculations applied. Alliant Participations can apply business rules on a contract-by-contract basis, allowing for variations among contracts, and over time. The following are a few examples of what you can achieve using Alliant Participations:
- Gross revenues can be derived from any number of sources, such as licensing, sub-distribution or direct distribution.
- Distribution fees can vary over time and over any attribute of a transaction (e.g. by product, territory, media or market).
- Cross-collateralization and recoupment of amounts (e.g. payments, advances, production costs and third party participations) across contracts, within contracts or within user-defined projects.
- Management of limits, minimums and multipliers for revenue, costs and expenses.
- Interest calculations and the application of proceeds to principal, based on complex, contract-specific terms.
- Multiple-currency capabilities that allow revenues, costs and other data to be obtained in one currency and processed in another.
- Reserves, such as those for home video returns, that are automatically retained and liquidated based on various criteria.
- Management of both payment and statement recipients; enabling a single participant's payment to be apportioned, reported on, or both to multiple payees or statement recipients.
Entirely new and unique methods of calculating participations and other deal terms can be efficiently implemented in a controlled manner using Alliant’s configurable business rules environment, giving you the choice of how to manage your 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 Participations provides contract-specific statement formats that are defined for maximum flexibility and re-use. Statement formatting capabilities give you unlimited variations in statement presentation. Statement approvals are managed by the system, and images of completed statements are stored in the system for future reference.
When looking for a participations management system that will adapt to varied and changing business needs, accurately control payments, and protect your hard-won relationships, Alliant Participations and RSS provide the right solution. For over 20 years, RSS has been delivering software solutions to some of the most successful companies in the world for the management of contractual rights and accounting across a wide range of royalties, revenue sharing and profit sharing deal types. It is both our customers' unique deal models and the commonality of their needs that continue to drive the product and services innovation that has made RSS the market leader. The scale and diversity of our customers is a testament to the flexibility and scalability of our products and approach.
with Alliant Participations, you have the flexibility and control required to:
- Operate a cost-effective, streamlined and responsive participations processing operation.
- Generate timely, correct and meaningful statements.
- Respond to the information needs of your business.
- Adapt, as deals and industry practices evolve.
Alliant Participations enables you to efficiently and effectively manage your participations processes and maximize the value of relationships with your business partners.