Introducing Korrect Outsourced Royalty Management
Precision and Efficiency for Record Labels and Publishers
In today’s fast-paced music industry, managing data and royalties demands accuracy, efficiency, and cost-effectiveness. At Korrect, we specialize in streamlining your business processes and delivering actionable analytics, empowering your team to focus on strategic decisions that drive growth.
Our service is designed to meet the unique demands of your business, offering:
• Fast Turnaround Times: Korrect excels under tight turnarounds, ensuring your reporting and deadlines are met without delay.
• Cost-Effective Solutions: Korrect offers the Highest-quality service at the lowest possible cost.
• Administrative Efficiency: Korrect handles the mundane time-consuming tasks, freeing your team to concentrate on more complex matters.
• Advanced Royalty Analytics: Korrect delivers clear, insightful data to guide future decision-making with confidence.
With Korrect’s Outsourced Royalty Management, you will enjoy:
DATA MANAGEMENT
Our Data Management service helps businesses securely store, organize, and optimize all their digital data. Acting as an extension of your administration team, we handle time-consuming tasks, ensuring seamless data ingestion from digital service providers. Our expert data managers reconcile payments with your cashbook and prepare data efficiently, saving you both time and money in today’s competitive landscape.
• Reconciliation & Financial Control – Align data flows with General Ledger/Cashbook entries, ensuring accuracy in files loaded with payments received.
• Secure Storage & Backup – Maintain original files alongside processed and mapped data for full traceability.
• Data Organization & Retrieval – Easily access historical information for reporting and audits.
• Automated Workflows – Leverage Machine Learning for faster, smarter data processing.
Take full control of your data with our efficient, secure, and future-ready Data Management service—all for an inclusive rate of just $25 per hour.
ROYALTY MANAGEMENT
Our Royalty Management Service team can help your royalty department in the analysis of complex contractual terms, ensuring accurate tracking, calculation, and distribution of royalties. Whether you work in music, publishing, licensing, or digital content, our solution guarantees transparency and precision in payments.
• Decipher complex Contractual Terms: Complex recoupment rules, advance tracking or escalating royalties.
• Transparent Reporting – Access real-time analytics and detailed financial statements.
• Seamless Payments – Ensure timely and accurate distributions to rights holders.
• Scalable & Secure – Manage intricate royalty structures with ease.
Optimize your royalty processes with our efficient, reliable, and hassle-free service—all for an inclusive rate of just $50 per hour.
Photo Credit: Shaun Gordon
CUSTOM DEVELOPMENT
If your company needs a solution that can’t be found "off the shelf," our Custom Software Development Service is here to help—trusted by our long-standing clients for its flexibility and precision. Korrect builds scalable, intuitive solutions tailored to your specific needs, whether it’s a custom function or a fully developed application.
• Rights & Royalty Management – Further automate royalty tracking, licensing, and payments.
• Data & Reporting Tools – Access real-time insights with customized analytics.
• Workflow Automation – Streamline contract management, invoicing, and compliance.
• ERP Integration – Seamlessly connect with enterprise systems for enhanced efficiency.
Designed for Record labels, publishers, and rights organizations, our solutions improve efficiency, reduce errors, and save time. All development tasks are available at an all-inclusive rate of $90 per hour which includes Senior developers, project managers, systems architects etc. resulting in a fixed cost we would stand by for the entire project. No surprises or hidden costs!
At Korrect, we are committed to delivering exceptional results that align with your goals. Whether it is managing intricate royalty streams or providing crucial insights, our expertise ensures you achieve the outcomes you need—on time and within budget.
See Korrect's Case Study: Developing a music royalty solution with Ninja Tune!
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