SAP and Vistex have expanded their strategic alliance with the availability of SAP Rights and Royalty Management by Vistex, cloud edition in SAP’s industry cloud for the media industry. Vistex is a global provider of enterprise solutions and services with 20 locations throughout the world– from Kent, Washington to Sydney, Australia.
Vistex Inc., a global leader in Go-to-Market(GTM), has been supporting the media and entertainment industry by providing a central hub for rights that enables aggregators to maximise the return on intellectual property, irrespective of format or business unit. Vistex’s industry-leading solutions empower both licensees and licensors to gain precise insights into content distribution, rights clearance, royalty audits, scheduling, and payments, among others.
As an SAP partner since 2006 and an SAP Global Software Solution Extension Partner for fifteen years now, Vistex offers several innovative embedded solution extensions for SAP software and leverages the SAP Cloud Platform to help customers utilise on-premise functionality into a native cloud environment.
Recently, enterprise software giant SAP and GTM expert Vistex have deepened their cloud alliance with the availability of SAP Rights and Royalty Management by Vistex, cloud edition as part of SAP’s industry cloud for the media industry. Built on SAP Business Technology Platform (SAP BTP), the solution extends Intelligent ERP solutions from SAP and brings management and monetisation of rights and royalties together.
Sharing about the latest innovation, Amos Biegun, Global Head of Rights and Royalties at Vistex said:
“This new solution is the culmination of many years of design and development which has created an industry-leading application capable of managing music, media, and other intellectual property rights in a single cloud-based solution. These are very exciting times as we move our offerings to the cloud.”
SAP and Vistex Innovating with SAP BTP
SAP Rights and Royalty Management by Vistex, cloud edition is a comprehensive cloud-based portfolio built on SAP BTP and offering out-of-the-box integration with SAP S/4HANA. The software help organisations make informed decisions by providing actionable insights and solutions to solve critical business issues.
SAP BTP brings together intelligent enterprise applications with database and data management, analytics, integration, and extension capabilities into one platform for both cloud and hybrid environments, including hundreds of pre-built integrations for SAP and third-party applications. SAP recently announced that as of August 1, 2021, increased availability of several critical services of SAP Business Technology Platform (SAP BTP) are now at 99.95{8bf2b29f36318f0ac46ab1cc03d7035abce669a1cea16c9ed62389a818fa22fd}, an important update as strong SAP BTP adoption increases, in and outside of the RISE with SAP context. .
“At SAP we support continuous innovation of cloud solutions for the media industry, and we are seeing our customers push the boundaries of their digital transformations,” said Richard Whittington, Senior Vice President – Media and Entertainment, Industries and Customer Advisory at SAP. “For today’s media companies, the ability to understand their rights and the ability to pay rights owners is a key part of that transformation. With this new industry cloud solution from Vistex, we are able to offer our customers unique flexibility in their SAP S/4HANA deployments.”
SAP rights and royalty management by Vistex, cloud edition is part of a comprehensive SAP industry cloud suite of solutions by Vistex:
- SAP Channel Program Management by Vistex
- SAP Vendor Program Management by Vistex
- SAP Extended Price Management by Vistex
As a result of the two software companies’ trusted partnership, Vistex cloud applications are now commercially available to businesses using SAP solutions and, under a global reseller agreement with SAP, Vistex cloud solutions are branded, licensed, supported and sold by SAP.
