Royalty Transaction Solution (RTS)

The AccessIT Transaction Solution (RTS) is an enterprise software product that supports all forms of IP license contract management, royalty processing and revenue assurance.

RTS provides the ability to automatically process and manage royalties from a single, scalable solution that can integrate with your existing business and accounting systems. Instead of a scattering of desktop royalty systems, your entire business affairs and property and rights data can be combined and stored in a secure, centralized intellectual property database that can be accessed from any authorized Web-connected PC.

Any company with an IP-based business generating $10M or more in annual sales from licensee or licensor contracts can benefit from the business process improvements realized from the use of RTS. Among the industries supported by RTS are:

• Entertainment, including record labels, video distributors, electronic games companies, and other media rights owners
• Technology, including chemical, electronics and packaged software companies
• Pharmaceutical

Broad Feature Set
RTS has powerful royalty and contracts processing automation features that help you:

• Consolidate sales data
• Recoup outstanding advances
• Validate transactions
• Handle exceptions
• Identify missing data
• Generate and distribute timely royalty, payment, and other statements
• Provide customer and management reports
• Establish event triggers
• Manage reserves
• Establish royalty rate types
• Track outbound licenses

RTS Architecture

• Royalty Transaction Solution is a Web-based application with a standard Microsoft® Internet Explorer browser. It supports Web-compatible PCs running Microsoft Windows® 2000 and XP.
• RTS was developed using Microsoft technologies, namely Microsoft Visual C#®.NET, Microsoft ASP.NET, Sun® JavaScript™ and the integrated Business Objects Crystal Reports, so interfaces and reports can be quickly customized.
• Because the Web application runs on a central server, the application can be easily maintained in a single location.