Participations PARIS Implementation & Residuals

Transcript:Participations PARIS Implementation & Residuals:
Participations PARIS Implementation & Residuals Outsourcing to Entertainment Partners Greenlight deck May 21, 2013 Agenda ►Executive Summary ►Business Problem Statement ►Assessment Phase Status Update ►PARIS for Participations - Assessment ►PARIS for Participations - Project Plan ►PARIS for Participations - Financials ►EP for Residuals Outsourcing - Assessment ►EP for Residuals Outsourcing - Project Plan ►EP for Residuals Outsourcing - Financials ►Appendix ►Participations & Residuals work volume metrics ►PARIS Impact Assessment Approach ►State of other studios Participations PARIS Implementation & Residuals BPO – Greenlight deck 2 Executive Summary The Participations and Residuals systems are outdated, lack integrations with key enterprise systems and promote many manual, in-efficient and error prone processes increasing the risk of inaccurately paying the Participants and the Talents (Guilds) The total project cost to convert Participations to NBCU PARIS and outsource Residuals to Entertainment Partners is estimated at approximately $17,710,366 (Net new funds requested is $16,761,041) The PARIS project cost is $10,742,748 (includes the cost of the Inception phase) Net new funds requested is $10,358,106 The Residuals BPO project cost is $6,967,618 (includes the cost of the Inception phase) Net new funds requested is $6,402,935 3 Participations PARIS Implementation & Residuals BPO – Greenlight deck Problem Statement – Participations ● Very manual, time-consuming and inefficient processes are employed for Data Sourcing, Payout Calculations, Paper copying and filing. ● The OPUS system is not enabled to model participant contracts, calculate payouts and to directly generate participant statements. A mix of manual procedures and excel manipulations are employed to prepare Talent Statements. ● The volume and type of products and the complexity of talent deals are ever increasing which results in keeping up with the statement generation schedule very difficult. Additional headcounts are required to keep up with the ever growing volume of work. To deal with the work load, for the deals which are forecasted to not pay do not have statements created (i.e. statements are “bugged”) ● Upstream data sources lacking governance and consistency in usage providing data in a form that lacks the appropriate level of granularity and attributes. Lack of complete understanding of the information flowing into and filtered out of the data feeds into the department. ● Unable to focus on value-add activities (e.g. breakout projections, proactive buyout assessments, ‘What-if’ analysis, impact assessment & feedback to Business Affairs across title, market & media types). 4 Participations PARIS Implementation & Residuals BPO – Greenlight deck Problem Statement