MetaComet

What is royalty management software?

Royalty management software is a critical tool for finance teams that license intellectual property. It replaces the time-consuming, error-prone processes that plague teams relying on spreadsheets or outgrowing the limitations of generic ERP modules and entry-level royalty tools — and eliminates the headaches that come with them.

What industries use royalty software?

Royalty software drives efficiency in any industry where businesses license intellectual property. Our customers span biotechnology and life sciences, pharmaceuticals, medical device manufacturing, technology transfer, online learning, video games, entertainment, consumer product licensing, book publishing and distribution, and more. If your business pays royalties, MetaComet was built for you.

How does royalty management software work?

Royalty software processes large amounts of sales and contract data to generate accurate statements, reports, and payment files. MetaComet royalty tracking software is dynamic and flexible, to efficiently process royalties no matter how complex or simple a customer’s needs may be. It allows users to record or import contract terms or royalty rules and receive sales reports in all formats and currencies.

What are the benefits of royalty accounting software?

Royalty accounting software saves you time and money by replacing manual processes and the workarounds that come with spreadsheets or systems not built for royalties. Unlike generic ERP modules or entry-level tools that force you to adapt your workflow to their limitations, purpose-built royalty software handles even the most complex contract terms, multi-currency payouts, and large-scale catalogs with ease.