Vistex’s OS2.0 Online Statement Platform Offers Transparency and a Proven Market Advantage
HOFFMAN ESTATES, IL, November 12, 2019 — Vistex, Inc., the global leader in software solutions for managing trade, channel and vendor programs, pricing, performance incentives and rights and royalties, has been selected by Australia’s largest independent music group, Mushroom Labels. Vistex Online Statement Platform (OS2.0) will be used to manage its statement delivery, royalty and copyright information via a dynamic, corporate-branded dashboard to deliver intuitive financial analytics. This will enhance Mushroom Label’s use of the Vistex Record Maestro solution.
The OS2.0 platform offers the label potent functionality, powered by the Vistex state-of-the-art cloud solution, GTMS© (Go-to-Market Suite©), delivering unprecedented transparency for Mushroom Label’s customers via their own online statement portal. The continued success of OS2.0 has proven what Vistex has always known: transparency is a market advantage for building trust and long-term customer relationships.
Vistex has been an important software partner for Mushroom Labels for more than a decade, so it was a natural fit to extend that relationship and work closely with them on their market-leading OS2.0, said Lee Barlow, Head of Royalties and Analytics for Mushroom Labels.
Mushroom Labels is proud to be the first record label to globally rollout OS2.0 and it further underlines our commitment to delivering transparent, best-in-class royalty and analytics services to our artists and labels. We are already looking forward to working with the Vistex team on its next industry-leading product.
Amos Biegun, Vistex Global Head of Rights and Royalties added,
Mushroom Labels has been a long-standing customer of ours and are front runners in implementing the Vistex OS2.0 solution for record labels. I am delighted that our OS2.0 platform continues to pave the way as the leading online collaboration tool for the music industry. Our clients’ enduring success with OS2.0 validates their investing in tools that increase transparency, trust and more harmonious relations between record labels, their artists and their clients.
The Vistex OS2.0 is a cloud-based platform for music publishers and record labels that enables their clients to view, download and analyze royalty information and access key features like:
- Royalty statements
- Dashboard analytics
- Copyright status
- Financial position
- Configurable, customizable and accessible 24/7 on any device
How Vistex Helps the Music Industry
The rapid-fire changes in the digital music landscape and the mass adoption of streaming music have amplified sales transactions and the complexities arising from numerous income streams. Today’s music companies are confronted with processing this unwieldy detail in an effective, efficient manner.
Vistex provides a high-volume, easily configured solution poised for traditional, current and future music business trends. Contracts, metadata and all royalty activity are captured in a single system, which is used for registration, licensing, sales, royalty reporting, analytics and more. This enables music companies to manage all aspects of their industry in a single solution.
About Mushroom Labels, a division of Mushroom Group
The Mushroom Group’s label division (Mushroom Labels) consists of seven labels; Bloodlines, Liberation Records, Liberator Music, Ivy League Records, I Oh You, Soothsayer and 100s & 1000’s. Whilst collectively forming the largest independent record label in Australia, Mushroom Labels is globally focused, with offices in Melbourne, Sydney, New York, London and Auckland.
Mushroom Labels represent a wide range of artists from internationally successful Australian artists such as Vance Joy and The Temper Trap; critically acclaimed artists such as Julia Jacklin, Rolling Blackouts CF, Hatchie and DD Dumbo; iconic artists such as Jimmy Barnes, Hunters & Collectors and The Triffids; and many international artists such as Childish Gambino, alt-J, Chvrches and Kylie Minogue.
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