Royalty Processing

Information Integration Group

IIG’s Acuboost “Royalty Processing” powered by Acumatica allows for the ability to track royalties owed to the vendor for each item.

Companies can calculate, report and generate payments for royalties payable to vendors. Methods for managing royalties is flexible and can vary with the structure of the agreement. Examples include; royalty amounts calculated based on price, gross profit percentage, discounts offered, and units sold. Quantity breaks can also be factored in the calculation. Generation of royalties due is automatic, can be modified and is based on eligible sales order transactions generated in Acumatica. The reporting functionality provides visibility and insight into operations and financial performance including analysis by item and by vendor.

Management of Royalties with IIG’s enhancement streamlines processes and increases certainty that financial performance is optimized.

Certification:
Acumatica Certified Application
2020 R2, 2020 R1, 2019 R2, 2019 R1
Natively Built with Acumatica
Industry Served:
Cross industries
Customer Reviews:

Key features

  • Automatically track and generate royalties due

  • Analyze operations by vendor, item and financial performance

  • Accommodate and automatically manage unique agreements

  • Calculate royalties due by my many metrics

About Information Integration Group

Information Integration Group, Inc. (IIG) has over 25 years of experience advising and supplying small and medium sized businesses with the proper ERP systems and custom software solutions to fit their company’s needs. We have a talented group of consultants and professionals that can take a comprehensive look at the needs of your business and make sound recommendations based on their findings. Contact us today to get started and take advantage of Cloud solutions to grow your success. We specialize in Acumatica as well as the corresponding Software Enhancements known as Acuboost.

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Royalty Processing

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