We are reliably informed that when you purchase RightsZone you will make your money back in two or three deals! Sounds good, doesn’t it? So, let’s explore this a little further and truly find out how RightsZone can make you money and help your publishing business to grow.
Helping you seize new money-making opportunities
In rights, there is always so much going on.
You might have some customers reviewing material, whilst with others you are negotiating contracts, approving finished copies or requesting invoices for. This could also all be happening at the same time as you are planning your next bookfair, grappling with the next season’s rights guides and answering queries from authors!
It is no wonder that from time to time money-making opportunities slip through the net.
With RightsZone, there are lots of great ways of keeping track of everything. Let us share some examples:
- List Views help you see at a glance what stage of the process any deal is at and what action you need to take next.
- Set up Tasks that are linked to specific records and add due dates so that as soon as you log in you can see what needs your attention first.
- Reports can be run automatically and sent directly to your email inbox. When you click on a link in the email, it will take you straight to the record that needs action, checking or updating.
These are just some of the features that can help you to seize the most timely opportunities. However, when we go through the set-up process with you, we will talk to you about how you like to work and recommend the best tools that will suit your way of working best.
We help you to stay on top of everything, so you don’t let any opportunities slip through the net.
Enabling you to manage your money
For every deal you record on RightsZone, records are set up automatically to manage all the payments that are due or will become due as a result of the deal. This includes multi-stage advances, flat fees or co-edition unit costs.
This element of automation makes it easy to keep track of who owes what and when.
You can record payment details, commission and other deductions. You can even manage (dreaded) tax forms for each customer.
Importantly, using List Views, you can identify overdue payments in an instant. Then, the template emails simplify the chasing process.
Another highlight identified by many of our clients is RightsZone’s ability to record royalty statements supplied by licensees. Once a statement is entered, the system calculates when an advance has been earned out and creates a due payment record for the balance. You can use reports or list views to identify and then chase any overdue royalty reports. What does this all mean? It ensures that you don’t leave any revenue on the table.
Harnessing the money-making potential of powerful analytics
One of the most useful functions in RightsZone is our sophisticated reporting tool.
You can use one of 60+ reports that come as part of the package, when you subscribe to RightsZone. We can also show you how to build your own – personalised and insightful for your business.
From analysing the financials, to spotting trends, everything you could want to know about your rights business can be surfaced using a report.
You can create graphs or summarise data from your reports with a click and export to Excel when you have something you want to share more widely. The reports are professional looking and easy to understand.
Regular analysis of your rights data will help you make wise decisions about where to invest your time and resources to ensure you maximise the returns. Want help with this? We are more than happy to offer help and guidance.
Keen to learn more about how RightsZone can be tailored to help you make more money?
With all of these features, we are confident that you will see an excellent return on investment (ROI) when you make the switch to RightsZone. We can even help you prove it.
Get in touch today and we will walk you through our ROI calculator to help you work out how much additional revenue you could see as a result of subscribing to RightsZone.