ARTISTS
LABELS
PUBLISHERS
RIGHTS HOLDERS
WRITERS
Next-generation royalty accounting management
We empower independent music businesses with innovative software
At Korrect, we want to simplify how record labels, music publishers, artists, and singer/songwriters handle their data. Our flagship royalty accounting software gives you the opportunity to track everything from royalty processing and income analysis to profitability at artist, writer, imprint or specific project levels.
We have been working in the industry with some of our clients for over 25 years, and offer a suite of data management and monitoring services. Our all-in-one music royalty accounting software seamlessly integrates with your existing ERP / accounting system and our artistserve portal offers your artists, writers and rights holders complete transparency.
Korrect are trusted by
Case study
Looking back on 20 years of delivering our music royalty software and services in partnership with one of the world’s most progressive independent record labels.
Photo Credit: Shaun Gordon
About the team
The Korrect data management team are dedicated to assisting you where needed in order to help you log, track, process and analyse enormous amounts of data in real-time.
Our Royalty Assistance Account managers will then ensure you hit every deadline, handholding where you require, filling any gaps that exist within your internal structure and becoming one overall team together. We offer instant messenger support on top of our less urgent ticketing system so you can get immediate assistance when it is most required.
We saw that the music industry ecosystem was too fragmented, so we designed a system that really does connect the dots, integrating where you need us to through our API published calls (two way) and helping you balance better relationships with your clients.
From data management and monitoring services to accounting software, our solution makes reporting more transparent, builds confidence and boosts relationships.
What we offer
Choose from our three packages offering various levels of data support. Our solutions empower your music business to manage millions or even billions of lines of data effectively and minimise your manual user interaction. From digital and physical sales to managing your music metadata database, all processes are streamlined to provide the highest levels of efficiency and structure to your data flows.
View our SolutionsYou can choose from a range of services:
Data Management
Timely and organised data ingestion for efficient processing.
Data Validation
Granular data validation and processing for all Digital Service Providers (DSPs)– track both recorded music and publishing income in the same system.
Monitoring
Automated processes that monitor the integrity of your data.
Royalty Experience
Expert consultancy to help stay on top of the workload and ensure periodic delivery of your obligations.
How does it work?
Curious about how Korrect works?
You can discover more in our explainer video below. Our system covers every aspect of your business, view our example of a full 360 deal agreement and how the data interacts to give higher levels of efficiencies:
Stay on top of data
Data size will never be a problem with our music royalty application. Our most recent client is passing 35,000,000 lines of data through our system monthly, from initially ingesting the raw data, reconciling and matching, through to generating the first draft royalty statements - all within half a day.
These processes come furnished with a full suite of validation reports to then iron out any discrepancies or new assets to be linked, Korrect - Our Music Royalty Software can handle it all
These processes come furnished with a full suite of validation reports to then iron out any discrepancies or new assets to be linked, Korrect - Our Music Royalty Software can handle it all
5 reasons to work with Korrect
When you work with Korrect’s team and system, you receive a tailored, personalised software service unique to your needs.
We use innovative tools and techniques to provide you with the quickest and most efficient processes for all royalty and accounting departments in the music industry.
Korrect has always integrated with any modern accounting / ERP software – SAP, Epicor, Baan, Netsuite, Dynamics, Quickbooks, Sage, – integrated ledger and cashbook features and inter-departmental journals.
Some of our clients have been with us since the beginning, even pre-digital, working with us to move with the industry changes. We continue to evolve and are still pushing their solutions, keeping them fluid and future proof.
Korrect ensures fast deliverables on custom areas too – we have weekly sprints on our software so quick turnarounds if anything is needed to be customised with full change control – there is never an update needed for our software either – just simply clear your cache and your system is up to date.
Client Portal ++
Our Client Portal is really a Portal++, artistserve.com works with all rightsholders, artists and songwriters to create a 2 way relationship for clearer transparency and communication.
More about Client Portal ++