Counterpoint royalty accounting software

Vistexs counterpoint suite provides specialized solutions to administer rights. Whether youre paying royalties for the right to publish and distribute someones work or because of an oil interest, making the necessary calculations takes time and effort. Counterpoint systems ltd london, 7480 camden street. To keep it straight, both companies rely on software from the worlds leading source of contract management and royalty accounting solutions. Mar 15, 2012 counterpoint systems provides two separate systems, music maestro and record maestro, which they target separately towards music publishers and music labels. It has the userfriendly and menudriven format that popularized our software, simplifying the selection of payers and forms for your personal. Backbeat solutions for book, film and music royalties. You can interface counterpoint transactions to your general ledger and voucher received purchase orders into accounts payable.

Chart of accounts examples the examples below assume that account numbers have been activated in the quickbooks. Specially designed to provide comprehensive royalty account information, royalty managers and publishing team members, business analysts and rights accountants can access all relevant information. Ampsuite offers a complete cloud based software system, handling music royalty accounting, content management, distribution, dj promos and much more. To effectively manage large amounts of data business assets, including content, digital media, and ip, a.

Royalty accounting takes no time and the artists love the detailed statements. Optional modules for rights and permissions selling or buying so that you keep your rights and royalties work all in one place. Call us today in wilmington, delaware at 302 2940384 to schedule your free consultation. The counterpoint suite by vistex is designed by industry experts with. Counterpoint suite vistex, inc enterprise software. It is an online inventory accounting designed for small businesses. Audio network chooses vistex music maestro software to. Cashpoint is the most tightly integrated accounting solution for ncr counterpoint users. Royalty software directory of over 30 software providers for book, film, mineral and. We can increase more productivity with the help of top accounting software for business and we can easily create invoices, record expenses and track inventory as well as we can easily create an account for our employees. Counterpoint systems provides specialist rights and royalties management software for the entertainment and brand licensing industries.

The system automates tasks and delivers the reliability, flexibility and. Founded in 1987, counterpoint systems is the world leader in software solutions for rights management, royalty accounting and product licensing. The w21099 forms filer platform is the solution for your royalty accounting needs. Counterpoint systems provides two separate systems, music maestro and record maestro, which they target separately towards music publishers and music labels. Deal terms are growing increasingly more complex and the associated financial terms are getting harder to manage. The best small business accounting software for 2020. Westend software offers dedicated solutions used by licensors, licensees, agencies, sponsors and consumer product developers for complete contract lifecycle management, sales processing and royalty reporting, full. Music maestro is the leading solution for administering song catalogs. Music maestro allows you to seamlessly transfer information between all users of counterpoint publishing and label applications. Contract maintenance catering for the establishment of an unlimited number of royalty contracts with one or more product lines. Royalty accounting software for any industry royalty accounting and reporting, though seemingly straightforward, is more complicated than you might expect. Counterpoint online cponline is an ecommerce and webhosting service designed especially for counterpoint users. See the complete profile on linkedin and discover lous connections. Royalty accounting software for books, music, film, jewelry.

Top accounting solutions for business growth in usa. It is a complete accounting and invoicing platform that automates your time tracking, expense management, and invoicing workflows. Contact us today for more information about the new payroll for counterpoint software option, available exclusively from custom software experts. Creative tools, integration with other apps and services, and the power of adobe sensei help you craft footage into polished films and videos. The counterpoint suite provides leading rights and royalty management software for the music, media and licensing industries. Digital media financial, royalty and accounting software. The counterpoint suite provides specialized solutions to administer rights and royalty processes critical for the music, media and licensing industries. Counterpoint systems is the worlds leading provider of rights and royalty accounting software.

For example, an advance paid to an artist prior to a contract attracting a royalty. Bradbury phillips rights management system and the authors royalties system has. Custom software experts software synchronics payroll. Bmg rights management selects counterpoint systems. Congress that aims to provide parity in radio performance rights under title 17, united states code, and for other purposes. Lorie raileanu sales and account management vistex linkedin. The counterpoint suite provides specialized solutions to administer rights and royalty processes. You can still count on cse for all your basic accounting software needs. Counterpoint systems extensive client list includes 20 th century fox, fintage house, mtv networks, national geographic, sony computer entertainment and ultimate fighting championship. Counterpoint systems is the provider of rights and royalty accounting software. This software file is a complete database system that generates all your 1099, w2, and related forms. May 09, 2016 quickbooks is good for general accounting, but fails at making royalty accounting easy. Our flagship platform, alliant, is used across industries to comprehensively automate the management of contractual rights and accounting for royalties, revenue sharing, profit sharing, and many other deal types.

Alliant royalties is proven across industries to address these issues, and it is the leading solution for the comprehensive automation of royalties management and accounting. This module covers the best practices for royalty accounting using quickbooks. Counterpoint is distributed through a network of more than 300 authorized dealers across the united states and around the world, who provide business solutions that include software, equipment, services, and ongoing support. To effectively manage large amounts of data business assets, including content, digital media, and ip, a robust and flexible solution is required. Counterpoint systems provides two separate systems, music maestro and record maestro, which they target separately towards music publishers and music. Dashbook has a single solution that they say can handle the royalty accounting needs of. By hosting backbeat in the cloud on the most powerful ibmi servers even the smallest business can process royalties in seconds and still have the data at their fingertips on their own desktop. Examples of general ledger accounts for recording royalty activities. The counterpoint success story founded in 1987 by robert katovsky and headquartered in london, counterpoint was a pioneer in providing rights and royalty management software for. Westend software offers dedicated solutions used by licensors, licensees, agencies, sponsors and consumer product developers for complete contract lifecycle management, sales processing and royalty reporting, full accounting administration.

Small businesses to large enterprises face common challenges when it comes to managing their business finances. Counterpoint systems appoints steve pitts as senior. Music royalty accounting software information about music royalty accounting software for music publishers, music labels, and others. Counterpoint has been automating the network radio business since 1994 and is on the forefront as new. Backoffice accounting solution for ncr counterpoint. Real software systems rss is the leading provider of intellectual property commerce solutions. Company description counterpoint systems, part of the vistex group, provides specialist rights and royalty management software for the music, entertainment and brand licensing industries. User story counterpoint systems revelation software. Counterpoint systems is the world leader in software solutions for rights management, royalty accounting and product licensing. Cashpoint accounting software for ncr counterpoint includes the only direct interface to a check reconciliation module, saving you time and money. Audio network is the latest company to become a vistex software client, and joins more than 450 customers spanning music publishing, record labels media and brandip licensing.

The companys specialized software products employ the most sophisticated and uptodate technologies and its dedication to research and development ensures that counterpoint keeps pace with changes in. Jan 21, 2009 counterpoint systems, the leading provider of software solutions for rights management, royalty accounting and product licensing, today announces that bmg rights management, a newlyformed division of the international media group bertelsmann, has selected its imaestro product for use in managing and royalty information. Sign up for a free music business toolbox membership. Counterpoint systems, the leading provider of software solutions for rights management, royalty accounting and product licensing, today announces that bmg rights management, a newlyformed division of the international media group bertelsmann, has selected its imaestro product for use in managing and royalty information. The counterpoint suite by vistex is designed by industry experts with firsthand experience within these market sectors. Connecting consumers, digital service providers and content suppliers is a complex job, business models and systems requirements change all the time. We enable digital transformation that connects our clients operations from the back office to the front end and everything in between so they can delight customers anytime, anywhere and compete. Counterpoint systems appoints steve pitts as senior v. Accounting software is software used by businesses to track financial statements, cash flow, invoicing, bank accounts, and purchase orders. The royalties module also caters for nonproduct related royalties. A core package includes the following accounting features. The ncr counterpoint solution includes an email marketing tool, integrated ecommerce, mobile alerting, builtin gift card and customer loyalty programs and hardware specifically designed for the retail environment. Bmg rights management selects counterpoint systems imaestro. This lesson provides examples of general ledger accounts used for royalty accounting.

Whether you operate on a traditional royalty model or on a profitshare basis backbeat will have it covered. In other words, it would amend the current federal law to give performers on sound recordings played over commercial radio stations equal rights to compensation. Counterpoint has raised the level of broadcast software to a new standard by combining industry knowledge, experience and expertise of broadcast systems with todays powerful software and hardware capabilities. Counterpoint systems provides rights and royalty management software for the media and entertainment, music publishing, record label and distribution, and. Integrate seamlessly with a variety of thirdparty accounting systems to transfer information between counterpoint and your general ledger and accounts payable software. View lou ellmans profile on linkedin, the worlds largest professional community.

Royalty worx is a cloud based accounting platform developed alongside some of the leading brands in the industry. Simple royalties if your company does not pay royalty advances, and you want a single payables account, your. View lorie raileanus profile on linkedin, the worlds largest professional community. Accounting software royalty contract system royalties. Calculate royalties and generate royalty statements as pdfs. Counterpoint systems appoints dan cox as global sales. Counterpoint systems headquarters is located in london, england, gb nw1 0eg. Effective royalty software for publishers to take full control of your royalty accounting. The best accounting software system for your business is freshbooks. Our powerful cloud based software has been constructed with flexibility in mind so it can be adapted to be as simple or as complex as your royalty contracts. Royaltyshare offers a webbased system for the complete management of.

The best small business accounting software for 2020 pcmag. At nab 2010, counterpoint systems announces the availability of media maestro 5. Lou ellman vp consumer products royaltyzone filmtrack. If youre running a small business, then keeping a tight grip on finances is critical for success. Dashbook has a single solution that they say can handle the royalty accounting needs of both labels and publishers. Premiere pro is the industryleading video editing software for film, tv, and the web. Leading enterprise software solutions for the licensing, sponsorship and entertainment industries. Counterpoint systems, the worlds leading provider of rights and royalty accounting software.

Mar 20, 2018 audio network is the latest company to become a vistex software client, and joins more than 450 customers spanning music publishing, record labels media and brandip licensing. Royalty recipients allows you to record who the contract is with, per creditor and to have optional royalty recipients on file to split out a contract into individual recipient sections. Indented accounts are subaccounts of a parent account. Thank you contact us today for more information about the new payroll for counterpoint software option, available exclusively from custom software experts. Apr 10, 2010 counterpoint systems is the world leader in software solutions for rights management, royalty accounting and product licensing. Counterpoint systems has a mature product and a worldwide customer base that is simply unmatched.

Royalty management systems focus on the royalty side, but usually do not include payroll processing and may not be the best for general business expenses and bank account updating. See the complete profile on linkedin and discover lories. Sap s4hana for rights and royalty management contract, rights, and. Counterpoint systems is now a part of vistex, expanding our software and service offerings in rights and royalty management software for the media and. The music business toolbox is a complete guide and resource library filled with music business tools, templates, forms, and other resources to help you manage your music career. Ampsuite music royalty accounting distribution dj promos. Royalty software vendor directory for book publishers.

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