The transformative power of digitization in the Media and Entertainment (M&E) industry has made it easier for people to collaborate, co-create and distribute content. As new technologies and distribution channels change how people consume content in an ‘anytime, anywhere’ mode, companies are finding it difficult to manage increasing transaction volumes and complex licensing models. While spending enormous amounts to manage payments to content owners they still lose billions each year due to poor licensing and royalty management.
WNS’ royalty management Center of Excellence (CoE) offers some of the best industry-recognized platforms, and provides media companies a complete one-stop shop to monetize their intellectual property and understand more clearly the payable and receivable royalties.
The WNS Advantage
We leverage our deep industry knowledge (of production, advertising and distribution costs), and research and analytics expertise to manage the participation and residual reporting process for our clients and guide them to profitable decision-making.
Domain Expertise: Our combination of industry and technology expertise enable us to design decision frameworks and operational processes that enable our clients to secure their content and control its distribution and consumption. We create sound business practices to maximize revenues and minimize risks from licensing management programs. Our analytical capabilities provide insights that enable content companies to manage digital assets, and accurately calculate royalties and clearly project asset utilization.
End-to-end Royalty Management: WNS’ royalty management solution covers the entire gamut of physical/digital sales processing, royalty accounting, royalty process administration, audit support, help desk, and analytics and dashboards to bring transparency and agility to minimize royalty leakage. Large transaction volumes from multiple channels (sales, contracts, accounts payable, products and participants) are meticulously captured to create timely, accurate and detailed royalty reports, statements, invoices and settlements. Our automated and standardized processes across geographies, and tight integration with financial systems enable granular reporting on royalties and improved compliance with contracts and audit requirements.
Digital Asset Management: Our digital asset management professionals provide strategic advisory and risk management services to manage rights and royalties in new and traditional media, and protect content rights and royalties.
"PI has been working with WNS for 12 months and in that time they have demonstrated an unwavering desire and capability to deliver. In the early stages when faced with normal set up wrinkles, WNS showed diligence, significant levels of knowledge and very importantly, integrity. WNS was recommended to PI, I would wholeheartedly recommend them myself."
Global Award for Excellence in Quality Management & Leadership, 2016
- Sales Data Sanitization
- Royalty Processing and Administration
- Analytics, Reporting and Dashboarding
- Helpdesk and Audit Support