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Level-up Your Accounting With Royalty Worx
Posted By : Simon Tillotson
|
Posted Date : May 13th, 2021

Run A Label With Great Foundations

Running a great label is about more than just releasing great music. It's about the way you conduct business and love it or hate it: accounting is a big part of running a business.

Royalty statements are an integral part of the label-artist relationship and for the most part, you'll find that transparency counts for a lot more than a payout.

If you account to your artists in full and on time, it shows that you take your label seriously and they should too.


Not An Accountant? No Problem

We know that things can get complicated very quickly when it comes to statements; with Royalty Worx you don't need to be an accountant to keep on top of your accounts.

Royalty Worx is a powerful, cloud-based accounting solution developed by Label Worx specifically for independent record labels to streamline every step of the accounting process.

At the click of a button, Royalty Worx's impeccably accurate data management capabilities allow you to work with all kinds of deal structures - from single artist contracts to complex collaborations with split percentages.


A Universal Solution

You can import statements in any format from any distributor, store or streaming service; our AutoMatch technology will process them and automatically allocate sales to artists and licensors.

It's an industry-leading tool that will revolutionise the way you account for digital downloads, streaming, licensing and physical sales royalties.

Royalty Worx allows you to send, receive and manage your artist and licensor invoices online to save your inbox from unnecessary clutter.

With flexible pricing, options for accounting in your local currency of choice and PayPal integration, Royalty Worx is suitable for any label, anywhere.


Click HERE to find out more and sign up for your free trial

www.labelworx.com/royalty

 

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