Ingenta conChord features a central contract repository and complete interlinking of contracts to rights and royalties, ensuring that information is consistent and accessible across your entire company. In addition, an integrated CRM provides the ability to document and track communications with clients and third parties.
The platform includes templates and wizards to create detailed agreements for artists, record labels, and other licensing agencies. These tools support standard contractual language and formats for the music industry while also providing flexibility for branding and customization. DocuSign is also fully integrated enabling the generation of legal contracts pulling metadata from the contracts within the same application.
Ingenta conChord handles rights and royalties from all types of music licenses– mechanical, print, performance, and synchronization—and sorts them at the artist, catalog, album, track, and sample levels. conChord also supports custom subscription models through play data, enabling rights and royalty management based on playtime or downloads. Mapping of various DSP revenue sheets is built in also allowing you to add new platforms as they appear with ease.
Ingenta conChord automatically calculates royalties and enables scheduled statements as well as custom reports and statements upon demand. You can also set up web portal access for rights owners to view contracts, statements, and sales data. Payments are instantly reconciled with sales and finance data to keep budgets and accounting up to date.
Manage copyright compliance and track both incoming and outgoing permissions across multiple products as well as usage and financial information.
Control your rights more effectively with a clear overview of what you own, whether acquired through a music label, an artist, or a third party. The visibility enabled by Ingenta conChord can also help you identify new opportunities for monetization.