Manage library values and create analytical financial reports
PROVYS offers complete financial management for an asset from its activation, amortization and deactivation for both linear and non-linear rights. All the accounting rules are kept with the asset profile which, together with the value of the right, automatically generates accounting records. Amortizations can be date or transmission (run) based and aggregated values are available by using the standard finance analytic reports. The processing of one-time write-offs and other non-standard situations, such as change of licence validity, number of runs or episodes, and increase and decrease of initial rights value, are supported as well. All financial data are kept based on the accounting principles by a number of advanced and almost automatic functions, such as the monthly closing and exchange rates update. Apart from the fix price model based on amortization profiles, PROVYS supports several revenue share calculation models for businesses related to non-linear platforms. The complex calculations can be automated taking in account various criteria such as minimum guarantee and overages. Standard financial interfaces based on XML technology provide two-way communication of financial data between PROVYS and your accounting system.
Multifaceted business models financial management support
Manage your financial workflows regardless the business model of both your linear and non-linear rights. We can support the most often used price models from fixed price to cost per subscriber and cost per view dynamic models. Fixed models offer a flexible way of entering any type of cost including an easily extendable list of accounting rules for activation and amortization. Whereas dynamic models support registering content usage for both TVOD and SVOD business models based on tight integration with a non-linear platform.
Automated calculations for your finance
All financial operations from asset price registration, activation, amortization and deactivation including non-standard situations are processed almost automatically so you can concentrate more on making informed business decisions rather than dealing with repetitive tasks. PROVYS watches the deadlines and checks important data for you.
Accurate accounting data
PROVYS generates and calculates 100% accurate financial data for your accounting based on the accounting principles valid for your country. It´s secured by sophisticated PROVYS functions working for both standard and non-standard financial situations and tight integration with your accounting system. With accurate financial data and our comprehensive set of reporting tools, you can have a review of your financial indicators for different rights and costs on various levels.
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