Case Study: Screenrights achieves faster royalty payments and lower processing costs with Airwallex APIs

Screenrights reels in big-picture benefits with Airwallex APIs

Screenrights, an Australian non-profit copyright society serving the film and television industry, was struggling with manual, legacy banking processes for royalty payments. During its busiest period, a team of five took four to six weeks to process each payment run, and scaling issues worsened as audiovisual content usage surged. To modernize its finance operations, Screenrights turned to Airwallex APIs, including Global Accounts and Payments for Platforms.

With Airwallex, Screenrights built a Payment and Release Engine that connected its data systems, Airwallex, and Xero for streamlined payment processing and reconciliation. The results were significant: overall payment processing time fell by 95% from weeks to about 2 days, FTE required for processing dropped by 40% from 5 staff to 3, and the company gained the ability to pay overseas members in their local currency fee-free.

Screenrights

Renee Bryant

Chief Financial Officer