Publishing Technology Installs CR&R Solution
Publishing Technology has announced the first live installation of the new advance Contract, Rights & Royalties (CR&R) solution. Sterling Publishing, a committed Publishing Technology customer for over twenty years, is a publishing subsidiary of Barnes and Noble Booksellers, acquired in 2003.
Previously operating on the VISTA-branded Royalties system from Publishing Technology, Sterling provides its parent company with publishing and distribution rights to thousands of titles. Sterling has an active list of owned and distributed titles and annually publishes and distributes new titles. The CR&R system today handles numerous contracts and authors and contributors in support of those products.
The new CR&R solution provides for the management and payment of royalties and subsidiary rights and includes electronic interfaces to support the import of title, author/payee, and sales data. The CR&R system, from advance, manages a number of critical functions including royalty contracts, author and contributor data, royalty products and sales, royalty payment calculations, and statement production. And as the system is hosted by Publishing Technology, it allows Sterling and Barnes & Noble staff to concentrate on their core businesses, while Publishing Technology provides and maintains the hardware and software environment. Publishing Technology will continue to support Sterling's VISTA Fulfilment and Warehouse Management systems.
The advance platform has recently been accredited with Supply Chain Excellence by BIC (Book Industry Communication), the independent organization for promoting standards for electronic commerce and efficiency within the supply chain.
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