UK-based Voly launches new financial management software and payment platform for the music industry

Manchester, British isles-dependent economic organization Voly has declared the gentle start of a new integrated fiscal administration computer software and payment system for the tunes industry.

Voly – which has already seen success in the tremendous-yachting sector with its Forex companies and accounting methods – suggests that it has been working with a range of tunes industry firms and executives in current months to acquire its system.

The business was established in 2016 by former experienced tennis player Ian Flanagan, a standard on the ATP tour acquiring gained the Junior Olympic gold medal for Terrific Britain.

To set up its professional system for the new music marketplace, Voly has appointed Neil Rodford, the Founder and previous CEO of management corporation YMU, to its board with a remit to oversee the company’s amusement system.

Rodford grew to become CEO at YMU in 2001 from his former placement of Controlling Director at Fulham Soccer Club, major a management buyout of the enterprise in 2009.

In the course of his tenure he completed above 40 acquisition and sales procedures, and below his stewardship YMU went on to maximize its company price by over 500% prior to advertising in 2018 for circa £130m ($175m).

Voly claims that its platform is aimed at “simplifying and streamlining budgeting, accounting processes and reporting for artists, administrators and organization managers”.

Formally launching later on this calendar year, Voly has been developed to work as an on line, centralized financial hub for all artist money streams and expenditure with a emphasis on touring.

Voly will function on a monthly subscription product and is already currently being trialled by various foremost United kingdom audio corporations. The firm is also working with SJM to greatly enhance the item from a are living music promoter’s point of view.

In addition, Chris Vaughan a stay music market executive who has overseen world-wide tours for Beyonce, Consider That, & ELO amongst others is at the moment using the Voly platform on a number of tours this slide and is performing along with the company’s growth staff.

Voly is presently inviting applications to take part in a free trial for the remainder of 2021.

“I have been doing the job with the Voly workforce to help them develop a system that will add true price to these doing work in reside audio and have been impressed with how collaborative and ready to hear they have been.”

Chris Vaughan

Chris Vaughan stated: “I have been working with the Voly team to help them acquire a system that will add real price to people operating in live songs and have been amazed with how collaborative and ready to listen they have been.

“Launching an built-in program that delivers collectively all of the key elements of reporting, reconciliation and accounting is an ambitious venture but they have produced one thing that will aid improve transparency, increases precision and will save time , which is to be applauded.”

“We are by now working with some of the UK’s major audio executives and organizations and are assured that we can provide an quick-to-use system to reduce some of the problems the business currently faces.”

Ian Flanagan, Voly

Ian Flanagan, Founder and CEO of Voly added: “As we keep on to consult with the audio sector and test our system, we are delighted that Voly is now active and remaining used in real world touring cases.

“We have been effective in developing answers for super yachts and truly feel that we can make a actual and tangible big difference to the music industry.

“We are now performing with some of the UK’s major new music executives and organizations and are assured that we can present an effortless-to-use system to alleviate some of the issues the field at the moment faces.

“With Neil Rodford becoming a member of our board to oversee our leisure division and introduce us to his stellar network of market industry experts, we have designed a system that is uncomplicated to use and intuitive when presenting condition-of-the-artwork budgeting, accounting, income, treasury, Fx and accurate, efficient reporting.”

“I was blown away by what Ian and the staff at Voly offered to me when I 1st saw it. What they have attained in the super yacht sector in such a shorter period of time of time is amazing.”

Neil Rodford

Neil Rodford said: “I was blown absent by what Ian and the staff at Voly presented to me when I to start with noticed it. What they have obtained in the super yacht sector in these a quick interval of time is remarkable.

“Developing the platform for use in the tunes and wider amusement sectors helps make total feeling and as another person who has usually sought to raise transparency and pace of reporting for artists I can truthfully say Voly will be a serious gamechanger.

Extra Rodford: “We have and will go on to consult greatly and listen to what the audio sector wishes and desires. I am confident the platform will help you save artists money by enabling them and their representatives to make far better selections faster.

“It will also materially improve the velocity of money reporting. The Voly workforce have delivered a platform that presents exquisite, simple-to-use and bespoke answers for every person functioning in the audio room.”Music Company Around the world

Minnie Arwood

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