Ensuring accurate and timely financial accounting has never been more complicated than it is now in the entertainment industry. The amount of data that needs to be collected and sorted to generate billing and accounting entries, participations and statements and to perform reconciliations and track balances is seemingly becoming increasingly overwhelming.
With mm:ROYALTY, finance managers can define sign-off points in the financial workflow to ensure the integrity of the data before it is sent to your general ledger. It also creates a full audit trail and record of who authorized what and when and gives you the option to generate credit and debit memos and final client invoices which can flow directly from mm:ROYALTY into your own financial systems.
Because multiple reconciliation reports can be generated in no time, you and your finance team have the time to dig into the data and remediate problem areas. Only mm:ROYALTY offers this level of scrutiny and visibility, seamlessly integrated into your systems and driving costs out of your business. |