Key benefits
The Korrect-Tipalti integration optimizes your artist management workflow by seamlessly integrating royalty payments with income analysis to profitability at artist, writer, imprint or specific project levels. There are several key benefits to the integration:
- Simplify the process of measuring, managing, and making on-time payments to global artists
- Easily make mass cross-border payments to 200+ countries and territories in 120 currencies using 50+ payment methods
- Execute payments directly in Korrect and reconcile payments with a single click
- Onboard artists using a secure, self-service, white-labeled online portal – 26,000+ real time global payment and tax rules vet and validate your affiliates' data up front to eliminate payment errors
- Cut manual tax workload through use of digital W-9 and W-8 tax form collection and validation and FATCA compliant
- Proactive fraud detection through screening of payment transactions against OFAC and international blocklists
- Automate payment status communications with affiliates through branded, customizable email communications