Licensor Help

How to set up a forecast

Updated on

Forecasting allows you a method of requiring licensees to submit their total expected sales and royalties for a given period of time and provides a tool within RoyaltyZone to capture this information and compare it later to actual sales and royalties reported.

Profile> Set Up> Forecast

Enable Forecasting by Checking the box.

Set up instructions are included on each page. Please review and follow for proper set up.

Select Bulk Enable

Bulk Enable allows you to mass enable Forecasting on Agreements by status.

Select which Agreement Status(es) to enable and press save.

Duration/Frequency

If you want the licensee to provide forecasting for the upcoming year, enter “12” for number of months. Licensees who report monthly will be required to report 12 months of forecasting. Licensees who report quarterly will be required to report 4 quarters of forecasting.

1. Forecast Duration: Enter the number of months out you would like your licensee to forecast. RoyaltyZone will adjust each contract to its applicable reporting period.

2. Period: Select how often you would like licensees to update their forecast.

   Send Date: Days prior the period email reminder will be send.

Custom Dates: Ability to set up your own email frequency.

1. Select each date from the dropdown.

2. Then select +Custom Date. You can add as many date periods that are needed.  

Instructions/Template

Enter your Forecast instructions. This tells the licensee what you expect for Forecasting

What is entered on this page will show on your licensee’s forecast tab:

Attachments

You can attach a template for the licensee to provide additional detail:

Note: only 1 file can be added. It will be included in forecast emails and on the licensee screen to download.

1. Drag and Drop the file or double click to browse.

2. Select save.

Email

Ability to configure email to send to your licensee.

  1. Do you want agreements marked internal and/or in sell-off to update their forecast? If so, check these boxes.
  2. If a licensee replies to an email, who should receive the reply?
  3. Select the licensee user(s) and/or agent user(s) who should receive the emails.
  4. Select which of your users should be copied on the emails.
  5. Enter the email subject.
  6. Enter the email text.

Confidentiality Notice

This document may contain information of a confidential, proprietary and/or sensitive nature. This document and the information in it may not be reproduced or disclosed to any unauthorized users without the prior written permission of FilmTrack, Inc (here-to-forth known as ‘The Company’). Any unauthorized reproduction or disclosure of this document or the information contained in it is strictly prohibited. All authorized reproductions (either in whole or in part) shall bear this confidentiality notice.

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