ieTools

iE Label Management System

Before you spend your first dollar on a project, you should be able to answer these questions:

  • How many records do I have to sell to break even?
  • When do I get paid from my distributor and what are the deductions they will hold?
  • How much cash do I need EACH month for the next 12 - 48 months to fund this project?
  • How is my company’s cash flow impacted by this project?
  • What is the marketing cost per unit on this project?
  • What will be my net profit on the project?
  • What happens to my cash flow if I ship more product initially but also increase my co-op budget?
  • How many records do we have to sell for the artist to recoup?

…with the iE LMS in place, you can quickly and accurately answer all of these questions and MANY more. The system generates reports detailing the impact of financial expenditures, deal points (distribution, artist, producer and writer) and sales on both the project and company level
Unique qualities

  • cost – LMS consulting clients will find the system affordable to small record companies and cost effective for larger labels
  • user friendly – designed for customers who are “creative people” not “money people” so they can work the system easily
  • web based – users can access the system from anywhere and multiple users can access the system simultaneously making it easy to create budgets whether as a group or in multiple locations
  • power – powerful SQL Server database allows the system to store a tremendous amount of data and perform many high speed transactions
  • supports multiple scenarios – allows executives to create, compare and save multiple “what-if” scenarios for each project
  • aggregates project and company data – pulls together monthly financial data, company overhead, and investment for top level management to evaluate company level cash flow
  • supports multiple users – gives senior level executives the ability to delegate budgeting responsibilities to various departments while limiting the employees to only the sections he/she chooses

Check out some sample project reports here.

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Record company of the future!

"When I first began working with indieExtreme I thought, "great, finally some much needed help with the day-to-day grunt work" but what I have experienced has been so much more than just that. indie Extreme takes the time to get to the heart and soul of who we are as artists and help to develop an understanding of the vision and purpose needed to create the ultimate working relationship with clarity and direction. They have not only positively impacted my music career but also my life."

~Matt Brouwer