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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.

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Someone working in a spreadsheet on a laptop.

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

Step	With Excel	With Labelmate
Distributor reports	NoCopied and pasted by hand, one format per distributor.	YesImported as they are, in CSV, Excel or ZIP, with their totals checked.
Rates and advances	NoCopied from each contract.	YesProposed by the AI, which quotes the contract. You approve.
The math	NoFormulas to copy and check every six months.	YesA tested engine, never the AI, to the cent.
What is left to recoup	NoCarried from one period to the next by hand.	YesCarried from one period to the next by the engine.
Where a figure comes from	NoYou reopen the files to find out.	YesEvery figure points to the report row it comes from.
The statement	NoLaid out by hand, artist by artist.	YesOne PDF per artist, with the detail and the source reports.
Once issued	NoThe file can still be changed.	YesThe period is locked: its figures no longer change.

Distributor reports
With Excel
NoCopied and pasted by hand, one format per distributor.
With Labelmate
YesImported as they are, in CSV, Excel or ZIP, with their totals checked.
Rates and advances
With Excel
NoCopied from each contract.
With Labelmate
YesProposed by the AI, which quotes the contract. You approve.
The math
With Excel
NoFormulas to copy and check every six months.
With Labelmate
YesA tested engine, never the AI, to the cent.
What is left to recoup
With Excel
NoCarried from one period to the next by hand.
With Labelmate
YesCarried from one period to the next by the engine.
Where a figure comes from
With Excel
NoYou reopen the files to find out.
With Labelmate
YesEvery figure points to the report row it comes from.
The statement
With Excel
NoLaid out by hand, artist by artist.
With Labelmate
YesOne PDF per artist, with the detail and the source reports.
Once issued
With Excel
NoThe file can still be changed.
With Labelmate
YesThe 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.

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Your next statements, without spreadsheets.

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