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Multiple income streams, varying royalty rates, and endless paperwork of artists can make royalty managers’ work challenging.

But, if you know about a user-friendly royalty calculation and distribution software that can manage all of this, it will solve the headache of royalties, specifically in the fast-paced world of music publishing.

Here’s how this software can help:

1.      Data Input Made Easy: Forget endless spreadsheets and messy calculations. This software allows you to enter information like songwriter splits, licensing agreements, and royalty rates for various income streams (streaming, mechanical licenses, etc.) in a clear and organized way.

2.      Contract Clarity: Confusing contracts are a publisher’s worst enemy. Royalty software allows you to store and tag contracts, making it easy to understand royalty percentages. No more digging through mountains of paper to find that crucial clause! 

A good royalty management software provides clear reports and dashboards that visualize artists’ earnings. And, by leveraging this user-friendly royalty calculation and distribution software, you can transform the royalty management process from a confusing chore to an efficient system.

To Know More https://blogs.noctil.com/music-royalty-management-software/

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