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Non-Tech : The Source Information Mgmt Co.(SORC)

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To: Gurupup who wrote (2)10/14/1997 11:20:00 AM
From: JanyBlueEyes   of 121
 
PROGRAMS OFFERED

Advance Pay Program: This service relieves the retailer from the arduous task of processing multitudes of small publisher checks.

Established as an extension of its claim submission service (see siliconinvestor.com, the company advances an agreed upon percentage of the incentive payments (see siliconinvestor.com due to the retailer, then gathers data, submits claims for payment and collects the total incentive payments due to the retailer.

In fiscal 1996 the company advanced approximately $1,783,000 and in fiscal 1997 advanced approximately $16,743,000.

Periodical Information Network (PIN): This program began in October, 1996 to provide publishers with industry-wide, single copy magazine sales information in a user friendly format. PIN provides publishers and advertisers with statistics that they use to formulate marketing, distribution, advertising and other policies.

Using their integrated software system, the company supplies each subscriber with a historical database of sales information and quarterly updates capable of generating three general types of sales volume, and provides other sales related information including sales efficiencies, category contributions and quarterly update fees.

Since the introduction of PIN, several leading publishers have subscribed, including Time Distribution Services, ICD/The Hearst Corp. and Globe Marketing Services.
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