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iQuest provides an innovative way to track royalties owed to third party entities. It is ideal for manufacturing distributors to administer royalty contracts for the use of outside intellectual properties. It is unique in its ability to manage royalties due to sales of multi-party products, like book, music and film series.
Utilizing the royalty contract management, you can split royalty earnings, create advances and guarantees, create a payment cycle, produce statements and customized reports.
Finally, you can generate checks through A/P to pay for royalties.
"Royalty Management" is part of the iQuest line of products, developed by Abacus Data Systems.