Process Your Royalty Payments Faster with Lescault and Walderman
An estimated 60% of royalties are incorrectly paid out to rights holders. Don’t make this mistake. If you struggle to accurately and efficiently disburse royalty payments to your clients, our team will help you create an accounting process that saves you time, builds trust with your clients, and ultimately increases your profits.
When You Waste Time, You Are Losing Money
- Do you rely on manual paper processes to execute royalty payments?
- Can you easily track royalty payments across different rights holders or platforms?
- Can you create on-demand reports that show an accurate picture of your financial position?
Here’s How You Get the Competitive Advantage
We understand the tediousness of accounting. That’s why we have partnered with third-party software providers to customize an accounting solution that works for you, saves you time, and increases your profits.
You will receive an in-house bookkeeper and the appropriate technology to handle daily, monthly, or other time-related bookkeeping tasks.
Royalty Tracking Automation
Your accounting system will be able to track, manage, and pay out thousands of residuals, royalties, and payments easily and accurately.
You can produce meaningful reports for your decision makers, stakeholders, or rights holders with the click of a button.
Here's how to get started:
1. Schedule a No-Obligation Call
Your time is valuable, and we don’t want to waste it. Let’s schedule a discovery meeting so we can discuss your needs and confirm there’s a fit.
2. Receive Your Accounting Review
We'll review your accounting documents, then provide you with a customized report that includes our findings and our recommendations for moving forward.
3. Attend Review Meeting
We'll host up to a 2 hour meeting to review our findings and recommendations, answer any further questions and outline how we'll work together.
4. Review Your Proposal
Working from our review, we’ll provide clear and actionable recommendations for improvement related to your particular processes, software, and systems.
5. Engage Us For Your Needs
If you approve of our recommendations, you’ll sign an engagement letter and we’ll start work!
We’ve Helped Other Media Companies Optimize for Efficiency
As an entertainment distribution company, you are responsible for managing thousands- if not millions- of royalties, claims, and transactions each day. If you utilize an outdated or manual accounting system, you will fail to maximize the potential of your business and build trust with your clients. That’s where we come in.
At Lescault and Walderman, we understand what it takes to handle high volume sales and accounting data. Our royalty accounting services will help you streamline your accounting process so that you can focus on the core functions of your business.
At our core, we know that the proper software stack, combined with professional oversight, can create an accounting process that is effortless.
Our royalty accounting services stretch from accurate bookkeeping, to royalty tracking, payment automation, and financial reporting. With the proper guidance, this process can be made effortless and designed to work for you.
Our process can be integrated with your existing sales data platform, so your entire accounting operation can exist in a cohesive, easy-to-use functionality.