Building an application for Contract Administration is perhaps the most complex aspect of rights management. New systems need to handle issues relating to digital rights as well as the traditional challenges of extracting the key data to interface with Royalty and Track Clearance systems. All this must continue without impeding or compromising on-going business.

Data concerning rights will become increasingly important in the digital age and having this data available on-line in an accessible format will ensure opportunities are not lost.

Contract data is a key input to royalty systems and data concerning royalty rates can be complex, where accuracy is vital to ensure correct accounting.  Other areas of contract administration are also covered within our applications, including the tracking of options, key dates (such as delivery and/or acceptance of recordings)and release commitments.

VTS gives full consideration to the entire process (including issues of confidentiality),  understanding the needs of the end user, the operational work-flow and the data management to drive subsequent applications. Our team is best place to develop the system to meet the requirements of your operation.

VTS provides multiple solutions via Contraxx or bespoke application development

Please visit our Demo Area for more information or contact VTS on 07796 178866 or via Sales@virtual-track.com