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.