Royalties management

Royalties management involves tracking and managing payments owed to creators, authors, musicians, or rights holders whenever their work is used, sold, or reproduced. It ensures that the rightsholders receive fair compensation based on agreed terms or licensing agreements. This process includes monitoring usage, calculating earnings, collecting payments, and distributing royalties accurately and transparently. Effective royalties management helps protect intellectual property rights, streamlines revenue collection, and maintains trust between rights holders and users.