Rights & Royalty Management
The Eclipse Rights & Royalty Management System (ERRMS) is the only solution that is totally integrated with mid market leading Microsoft Dynamics™ GP ERP package.
The only mid-market solution that is designed for Publishing, Music, Entertainment, and Merchandising companies who find it costly or disruptive to manually manage low value transactions, or to deal with intrusive SOX or trademark-initiated audits by “bounty-hunting” external auditors,
The Eclipse Rights & Royalty Management System is an automated, end-to-end royalty accounting program that includes flexible reporting solutions and an excellent audit trail to clearly demonstrate regulatory compliance and reassure rights-holders of royalty accounting accuracy.
Unlike stand-alone solutions requiring extensive and expensive programming and support, ERRMS is powered by Microsoft Dynamics™ GP.
Trying to managing royalty contracts, distributing royalty payments on schedule and creating the necessary reports is a time consuming and often manual process. In addition, reacting to royalty audits or compliance standards is often a difficult, if not impossible, task. Eclipse has the solution in our Royalty Management System for Microsoft Dynamics™ GP. We offer the only Royalty and Right Management solution integrated into a world class ERP solution.
With manual or stand alone royalty systems, companies end up with multiple sets of information. Often, transactions need to be entered or interfaced into two separate systems resulting in complex reconciliation issues. In addition, these systems often require expensive license fees training and installation expenses. Our integrated solution eliminates the burden created by manual and separate royalty accounting systems. We offer a streamlined workflow and efficient processing routines so that you can manage your entire business from a single platform.
We have experience with Disney Productions, MLB, NFL, NHL, NBA, NASCAR, NCAA and other trademark organizations making this the ideal proven solution. Unlike manual systems or even stand alone royalty programs, our integrated solution can streamline the entire process while creating an iron tight audit trail within your ERP system. Now you can guarantee compliance with accurate, on time royalty management.
Efficiency
• Eliminate manual labor-intensive royalty management routines.
• Control complex contract arrangements including accounting accruals, payment tiers, and advances
• Manage royalty statements for multiple owners, rights and other special terms
• Process millions of transactions for tens of thousands of SKU’s within your normal ERP process
Accuracy
• Complies with GAAP
• Comprehensive audit trails and controls
Timeliness
• Royalty accruals occur during Sales Invoice process matching revenue and expense
• Payments are scheduled according to contract terms
