Managing Business Risks With Profium
Warner Music International
Warner Music International is Warner Music Group’s music division, which operates in over 70 countries. Warner music Finland Ltd represents the company’s international publications in Finland and is responsible for domestic production and artistic development.
Warner Music Finland Ltd’s premises caught fire and suffered from smoke damage in August 2008. Critical business documents such as contracts were almost destroyed and especially Warner Music’s unique photo files were in danger. A non-digital archive was thus very vulnerable and introduced unnecessary risk for the business operations while being poorly accessible at the same time. Warner Music Finland’s chief executive started to google for a better approach.
“Most of Warner business deals with a vast amount of contracts of immaterial rights which asks for digital archiving. In addition, the Profium digital archive makes contract management easier and more efficient in daily work”, the General Manager Niko Nordström, says.
Profium’s Contract management solution helps reduce business risks and at the same time makes business more profitable. Profium’s solution is quick to implement either at your own on-premise environment our in the cloud of your choice.