BenefitsAquisition+Sales / Legal / Finance / CEO / Royalty
The move towards multiple platforms and markets is accelerating the complexity and demands placed on legal departments to ensure contractual compliance. In order to mitigate risk, a structured solution, able to handle the full complexity of the media business is vital.
The mediafusion4license module is designed for the purpose of handling the full challenges faced by modern media firms, bringing structure and best practice to safeguard the company’s assets and operations.
Structured Management of Contracts
All information regarding key contractual elements can be stored in the license module and shared company wide, with user defined access privileges throughout the organization.
Mitigating Contract Risk
Having all contracts brought into the mediafusion environment enables the company to avoid contractual violations, ensuring that sales teams utilize license information in line with the contract, avoiding financial penalties for rights violations. Critical legal issues from the contract are controlled in an automated way.
Improved Contract Renewals
Information from the finance module gives visibility into the economic performance of any contract, enabling its real value to be understood.
Designed to Handle Complexity
Mediafusion mirrors all important facets of license contracts. No critical details are lost. The same contractual structure whether complex or straightforward, including blockings and hold-backs can be reflected inside the mediafusion environment. Tree structures can be configured to reflect the unique needs of the business in terms of territories and platforms.
Archiving Relevant Content
Mediafusion enables all scanned contracts, amendments, addendums and appendixes to be connected to the data for easy retrieval and viewing. All contract information and supporting documents are easily available in one location. Simply by clicking on a link the user is bought to the required document.
Access to mediafusion can be set on a company, modular or folder level, enabling access to be restricted on a wide or very specific level, ensuring that only authorized persons are allowed to view sensitive data.
Legacy Data Migration
All old historical contracts, available in a structured form such as those in a database or excel can be migrated into mediafusion, providing the basis for historical analysis.
Easy Contract Generation
Predefined contract templates approved by the legal department empower sales teams to quickly produce sales contracts in full compliance with corresponding master purchase license contracts. This is used typically by firms that have multiple, relatively low value sales that do not need extensive support from the legal department, allowing the fast creation of sales contracts.
Or call us on +49 89 416 151 442 today to learn how mediafusion is being used as a reliable and low cost solution for the delivery of insight and compliance in modern media firms.