Simon & Schuster UK Selects Klopotek for Handling Complex Royalty Arrangements
After a careful review of available solutions in the marketplace, Simon & Schuster – with offices in Australia, India, Canada and the United States – has opted for Klopotek as their new solution due to its proven ability to handle complex royalty arrangements for both print and digital.
The implementation which has already started will include migrating all contracts and historic data from the old system, establishing a nightly import of book sales from Simon & Schuster’s distributor Harper Collins and building interfaces to Simon & Schuster’s financial system.
UK Finance Director Mark Ollard of Simon & Schuster UK explains the reasons for switching to Klopotek: “One feature of the exciting modern publishing industry is that there are more and more complexities and variables on rights and contract design. As one of the UK’s largest publishers we absolutely want to lead on this and be flexible enough to meet and exceed our author and agent expectations. I have used Klopotek in a previous life and I am confident that it can handle anything we choose to throw at it”.
Download the full press release [PDF file]
Find out about Klopotek Contracts, Rights & Royalties