OARA is a web and mobile app that connects Licensees, Sales Agents and Licensors for purposes of collecting, submitting and storing Royalty Statements online. OARA sends automated reminders when statements become due and confirms statement submissions by email to all parties.
OARA's dedicated team of film distribution professionals performs Royalty Statement checks and enters the key financial data from Statements into the OARA database, so that all parties involved in the reporting process can have immediate online access to up-to-date information regarding the performance of their pictures.
OARA offers spreadsheet-like layouts, intuitive navigation, sophisticated data export tools and pre-defined selection fields for speedy statement uploads.
Many entertainment companies are still depending on spreadsheets to manage their data. OARA is built with RAGIC, a state of the art software tool which allows OARA to design a database system that is like working with spreadsheets with all the benefits like complex filtering and sorting of data.
OARA data is stored and processed on secure physical servers hosted by Google, which provides hundreds of security experts. OARA data is bank level HTTPS/SSL encrypted on the fly and then transmitted and stored in encrypted form, conforming to ISO 27001, SSAE-16, SOC 1, SOC 2, and SOC 3 certifications. On top, OARA data is fully backed up on a daily basis to a different location on a service by a different provider.