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Counterpoint Systems is happy to announce that The Franklin Mint is implementing its Pelican ProFiles Contract Payables System for licensees to manage all of their intellectual property contracts and calculate complex royalties for the electronic monthly and quarterly reporting of royalty statements.

The Franklin Mint’s decision to purchase the Pelican ProFiles CPS product was in part based upon the breath of royalty calculation formula’s (over 8,000) that the system will calculate. This, coupled with the fact that the system tracks all of the compliance issues related to an intellectual property contract with every licensor ensures that they are on time and compliant. Saving time and money. This type of management tool allows the licensee to understand their licensing business in greater depth with all information consolidated into one cohesive information system.

The Franklin Mint, located in Franklin Center PA, strives to touch the hearts of collectors with heirloom works of art to enjoy and pass down to future generations. Their collectibles reflect icons of our culture; from Jackie Kennedy Onassis, Princess Diana and Frank Sinatra to Marilyn Monroe, Elvis and the Harley-Davidson motorcycle. The list and the fascination is endless.

To ensure authenticity and artistic excellence, The Franklin Mint join with world-famous organizations, designers and artists including The Vatican Museums, Paramount Pictures, Conservation International, House of Fabergé, Oleg Cassini, Bill Blass, Michael Whelan, Violet Schwenig and more. Their collectibles are also available through direct mail, media ads, catalogs and in retail locations and specialty stores.