There is no one best royalty software solution. Select the software that is best for your company.
As consultants we guide publishers through the process of selecting royalty software. They don’t all purchase the same software.
The functionality that one publisher likes may be options that another publisher dislikes. Some publishers favor customizable software, while others favor a simple user interface and others want the built-in flexibility that comes with more complex software.
Companies have different sized budgets. Random House spent over $1M to build a customized SAP module for rights management while Simon & Schuster spent much less for Bradbury Phillip’s Rights 2000 program, and Springer Publishing purchased the Acumen rights marketing module for less. Each was happy with their decision.
In 2008 a large art museum looking for royalty software contacted us. We showed them five solutions that were within their budget. From the initial demo they narrowed it down to three and in the ensuing on-line demo from each vendor they narrowed it down to two; Acumen and EasyRoyalties. They selected EasyRoyalties.
Another publisher looking for software compared the same five solutions, narrowed it down to two; Acumen and Elan, and selected Acumen.
Likewise we have seen larger publishers evaluating royalty software selecting between Klopotek, Metacomet, REAL Software Systems, Publishing Technology and SAP IMP (Intellectual Property Management) selecting the solution that best meets their needs. Some select Klopotek, some Publishing Technology, some Metacomet’s solution, some REAL and some SAP.
To make the right choice for your company you need to look at all of your options and weigh the strengths and weaknesses of each solution against each other.
