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System 7 Introduction TES Consulting European Business Partners. System 7 Where is Your Pain?. Sales Mayhem Unused availabilities make you see red. SOX Audits End-of-Period ‘guestimate’ reporting is a pain in the neck. Gross Negligence Obscured contract action dates cause ulcers.
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System7 IntroductionTES ConsultingEuropean Business Partners
System7Where is Your Pain? Sales Mayhem Unused availabilities make you see red SOX Audits End-of-Period ‘guestimate’ reporting is a pain in the neck Gross Negligence Obscured contract action dates cause ulcers Royalty Fraud Inaccurate calculations take your breath away Violated Rights Unreported contract revisions overstate on-hand inventory Willful Misconduct Out-of-control product marketing cripples distribution plans Severe Penalties Missed expirations block the way forward Breached Contracts Overlooked collisions cause serious missteps
Finance Sales Participations Royalties Receivables Cash Flow Licensing Availabilities Contacts Sub-Distribution Legal Workflow Acquisition Production Negotiation Documents Calendar Approvals Notifications Personalisation System7100% Transactional Solution
Top Ten Assets Specific Asset Specific Asset/Territory System7Sales
System7Finance Contract-Driven Processing • Participation Statements • Payment Authorisations • Royalty Import/Validation • Advance/Guarantee Invoicing • Exploded Receivables • 100% Auditable Contract Revisions • Unapplied Cash Management • General Ledger Export Asset Level Cash Flow Projections
System7FinanceSingle Step Contract Revision Entry impacts: Accounting Adjustments Administration Updates Sales Projections Liability Recognition Revenue Recognition Rights Expenditures Cash Allocation Rights Ownership Invoice Allocation Granted Rights Contract Revisions Debit Memos Expirations Servicing Requirements Credit Memos Participation Calculations Advance Recoupment Cash Flow Projections Royalty Formulas
System7Legal Universal Contract Database • Complete Rights and Restrictions • Acquisition and Sales Agreements • Enforcement/Fulfillment Integration • Business Partner Contract Status • Negotiation Redlining • Amendments • Offers • Deal Memos • Long Forms E=mc2 a=d*pi v=2h*2w/j2 ~pi=3.141627
Modify Deal Reject Deal Reject Deal Modify Deal Enter Deal Sales Approve Contract Approval Finance Approve Legal Approve Post Contract System7Workflow Contract Dates • Variable Windows • Contingent Payments • Triggered Options • Scheduled Deliveries • Performance Deadlines Event-Driven Messaging • Calendaring/Ticklers • Critical Contract Dates • Approval Workflows • Global Triggers • Conditional Branching • Optional Links to: Contracts Parties Assets… eMail Integration w/Attachments
System7My Jaguar My Calendar Leaves no aspect of date administration to chance My Contracts Provides instant access to the heart of System7 My Receivables Focused visibility for invoices, payments, and unapplied cash My Assets See all that touches an asset, no matter how small My Revenue Complex revenue policies made easy and auditable My Ledger Drill down for any accounting period from main account to original transaction My Royalties Pending, delinquent, and historical royalty statements My Affairs What is our exposure, who is attached, lets compare deals My People Contact management linked to assets, offers, contracts, workflow My Participations Who’s owed what and when, and what have they gotten before Personalised Real-Time Monitoring!
System7All Contract Types Incoming • Creative Agreements • Employment Contracts • Profit Participations • Production Agreements • Overall Deals • Negative Pick-Ups • Distribution Deals • Library Acquisitions • Acquisition Offers • License Agreements & Offers • Royalty Contracts • Distribution Deals • Agent Agreements • Sub-Distributor Contracts • Output Deals • Internal Usage Outgoing
System7All Intellectual Assets Feature Films Episodic TV Series Books Characters Music Magazines TV Mini Series Trademarks News Photographs Patents
Contracts Legal Affairs Negotiators Production Administration Licensing Representatives Agents Quality Assurance Operations Accounting Corporate Receivable Royalty Participation Partners Vendors Customers Participants Affiliates Systems ERP DAM e-Commerce Manufacturing Management Executives Marketing Counsel Investors System7Information Sharing Benefits Coordinated Communications Company-Wide Database Analytical Reports Audit Trails
System7Seven Generations 1.0 (1986) Contract Terms Management 2.0 (1989) Drilldown Collisions/Availabilities 3.0 (1991) FASB 53 Accounts Receivable 4.0 (1993) Dynamic Contract Administration 5.0 (1996) Unlimited Exploitation Windows 5.5 (1998) Executive Contract Intelligence 7.0 (2003) Custom Rights Framework/ 100% Transactional Accounting 20 Years of Continuous Evolution
System7Clients Alliance-Atlantis Cookie Jar (formerly Cinar) Chorion DIC Entertainment Explore International Elsevier Science Flextech Goodtimes Video Hallmark Entertainment Harmony Gold HIT Entertainment Lions Gate Entertainment Major League Baseball MGM Studios NBA NBC Enterprises National Geographic Society Nelvana Sesame Workshop Southern Star Group Warner Home Video WNBA
Participations Payable Revenue Accounting Royalties Receivable Contract Administration Rights & Restrictions Workflow Management System7Contract Accounting Solutions
System7Staying Out of Troublewith Automated Contract Intelligence Where are the Holes?Overlooked Zones/TerritoriesUnderused Agent RightsEarly TerminationsJoint Venture OversightsWhat have I Forgotten?Rights ClearanceTriggered ExpirationsSub-Asset RightsContingent Payments Where can I get Creative?Sequential Exclusive/Non-Exclusive WindowsLanguage/Distribution Channel DimensionsPackage Sales Event-Triggered DatesSubstituted Edit VersionsHow do I Maximise Value?Licensee Performance HistoryGuarantee AdministrationEstimated Advance RecoupmentLibrary Rights Earnings Who else is Involved?Collateral Rights HoldersInternal Utilisation TimetablesOverall/Output DealsCreator/Estate ApprovalsRelated Agreements?Renewals/Options/AmendmentsAcquisitions/Sales/AgencyCurrent Negotiations-Version HistoryActive Sales & Acquisition Offers
System7Making Things Happenwith Automated Contract Intelligence What is My Best Package Deal?Matching GenresTuning ExclusivitiesContingent ExpirationsCrossing Divisional LinesWhat are My Underlying Rights?Co-Venture DelineationsParticipant RestrictionsPending ExpirationsRelevant Asset Elements How to Fulfill the Agreement?Materials RequirementsPayment AuthorisationsParticipation CalculationsCollision TestingHow to Enforce the Agreement?Invoice GenerationAction CalendarRoyalty ValidationRelease Monitoring What Are My Costs?Sunk InvestmentsContingent ExpensesParticipant PremiumsRights FeesWhere do Options Fit?Contributor FeesRights ExtensionsAncillary RightsAmended Terms
For More Information or to arrange a demonstrationPhone: +44 (0) 845 226 6561or Visit: www.tes-consulting.com