5 Tips for More Efficient Payment Distribution

Are you spending too much time managing payments instead of focusing on your artists? Here are five proven strategies to streamline your payment distribution workflow.

1. Consolidate Your Data Sources

The Problem: Juggling data from dozens of distributors, each with their own format and reporting schedule.

The Solution: Use a platform that automatically consolidates data from all your sources. RevSplit integrates with 300+ distributors and uses AI to understand any format, eliminating manual data entry.

Time Saved: Up to 20 hours per month

2. Automate Split Calculations

The Problem: Manually calculating splits for every release, especially when dealing with territorial differences and recoupments.

The Solution: Set up your split rules once and let the system handle the calculations. Modern platforms can manage:

• Hierarchical splits
• Territory-based recoupments
• Time-based rules
• Waterfall calculations

Time Saved: 15-30 hours per month

3. Implement Self-Service Portals

The Problem: Constant emails and calls from artists asking about their earnings and payment status.

The Solution: Give your artists access to a self-service portal where they can:

• View their earnings in real-time
• Download statements
• Update payment information
• Manage tax forms

Time Saved: 10-15 hours per month + happier artists

4. Standardize Payment Methods

The Problem: Managing different payment preferences for different artists across various countries.

The Solution: Partner with a platform that supports multiple payment methods in one place:

• Bank transfers (ACH/SEPA)
• PayPal
• Wise
• Stripe
• Multi-currency support

Benefit: Reduced payment failures and happier collaborators worldwide

5. Create Clear Reporting

The Problem: Artists don't understand their statements, leading to confusion and disputes.

The Solution: Use clear, visual reporting that shows:

• Earnings breakdown by source
• Recoupment status and progress
• Historical trends
• Easy-to-understand splits

Benefit: Increased trust and reduced support burden

Putting It All Together

Implementing these strategies can save you 40-60 hours per month, time better spent on A&R, marketing, and growing your label.

The RevSplit Approach

We've built RevSplit specifically to implement all five of these strategies in one platform:

✅ Automatic data consolidation from 300+ sources
✅ Advanced split calculations with no manual work
✅ Beautiful self-service portal for artists
✅ Global payment support with one click
✅ Crystal-clear reporting everyone understands

Start Your Free Trial

Ready to reclaim your time? Get started with RevSplit today and see the difference automation makes.

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Have questions about implementing these strategies? Contact our team for personalized advice.