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What is Songtrust?

Gather all or part of your musical works in one centralized platform to reduce redundancy and keep your information organized via your Songtrust Dashboard. This setup provides you with detailed insights into your royalty statements, which can clarify the various income streams and guide your strategic decisions in your artistic endeavors. By leveraging Access, your team is empowered to tackle the more serious facets of the music business, supplying them with vital songwriter information, in-depth royalty reports, and transparency regarding split agreements, along with the ability to amend song details. Our utmost priority is to safeguard your personal information; consequently, we implement a range of protective measures, including transaction encryption, firewalls, and limited administrative access, to shield your data from unauthorized access. This high level of security not only protects your interests but also allows you to channel your energy into your creative pursuits, while we handle the complex aspects of your music rights. In addition, having everything organized in one place can streamline your workflow, making it easier to track your progress and manage your career effectively.

What is IPM Suite?

The deal management system captures the specifics of agreements, sets up approval processes, handles financial transactions, allows for modifications to contracts, and keeps a comprehensive historical record with an audit trail. At the same time, the rights management function enables users to search for and create deals, organizes the hierarchy of intellectual property rights, manages advances and guarantees, monitors payment schedules, establishes royalty rates, and conducts collision checks, rights clearance, and holes analysis. The royalty management segment is tasked with processing sales and usage information, calculating and confirming royalties for both inflow and outflow, permitting deductions or recoupments, addressing any violations, delivering analytical insights, and generating royalty statements. Furthermore, the finance management module includes components for revenue recognition and accruals, oversight of expenses, a robust accounting engine, an accounting sub-ledger, and smooth bi-directional integration with financial systems via ERP. This integrated framework not only enhances operational efficiency but also ensures accuracy across all financial and contractual transactions within the organization, ultimately reinforcing its overall effectiveness. Such a cohesive system promotes better decision-making and strengthens compliance with financial regulations.

Media

Media

Integrations Supported

Integrations Supported

JD Edwards EnterpriseOne
NetSuite
SAP Store

API Availability

API Availability

Pricing Information

$100 per songwriter

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Songtrust

Date Founded

2010

Company Location

United States

Company Website

www.songtrust.com

Company Facts

Organization Name

FADEL

Date Founded

2003

Company Location

United States

Company Website

fadel.com/ipm-suite/

Categories and Features

Music Distribution

Not specified

Categories and Features

License Management

Not specified

Revenue Recognition

Not specified

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