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Doing your royalty statements in Excel? Labelmate does them for you.
In Excel, everything is done by hand: copying each distributor's reports, finding each artist's rate and advance in their contract, carrying what is left to recoup from one period to the next. Labelmate does that work for you, to the cent, and all you do is check.
Today
Your statements in Excel today
ExcelOne formula copied wrong, and the whole statement is wrong.- You open each distributor's report and copy its rows into your template.
- You dig through your email for each contract to find the right rate.
- You work out by hand what is left to recoup on every advance.
Point by point
With LabelmateDistributor reports
With ExcelNoCopied and pasted by hand, one format per distributor.
With LabelmateYesImported as they are, in CSV, Excel or ZIP, with their totals checked.
Rates and advances
With ExcelNoCopied from each contract.
With LabelmateYesProposed by the AI, which quotes the contract. You approve.
The maths
With ExcelNoFormulas to copy and check every six months.
With LabelmateYesA tested engine, never the AI, to the cent.
What is left to recoup
With ExcelNoCarried from one period to the next by hand.
With LabelmateYesCarried from one period to the next by the engine.
Where a figure comes from
With ExcelNoYou reopen the files to find out.
With LabelmateYesEvery figure points to the report row it comes from.
The statement
With ExcelNoLaid out by hand, artist by artist.
With LabelmateYesOne PDF per artist, with the detail and the source reports.
Once issued
With ExcelNoThe file can still be changed.
With LabelmateYesThe period is locked: its figures no longer change.
What you keep
Keep Excel for the rest of your admin. Labelmate only handles your royalty statements.
Your next statements, without spreadsheets.
Free early access for 10 independent labels.
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