Athletics Revenue-Share Management Solution
Overview
Fit Score
Settle Intelligence
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
Issuing Agency
Virginia Military Institute
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The organization seeks a vendor to deliver a secure and compliant third-party technology platform for athletics revenue-share management. This solution must effectively handle the calculation, processing, and distribution of revenue share payments related to athletics programs, name image likeness (NIL) activities, and other approved initiatives.
The chosen platform should feature a turnkey system and continuous services to ensure accurate payment workflows, secure data handling, transparent reporting, and streamlined collaboration between Athletics, Finance, Compliance, and other authorized stakeholders. End-to-end management of compensation and transactions, alongside automation and centralization to reduce administrative burden, is required.
Key functionalities include program management tools, automated or assisted payment calculations based on predefined criteria, options to review and approve payment calculations, and real-time visibility into payment statuses for staff and recipients. The system must also allow for payment corrections, reversals, reconciliation, and offer customizable dashboards for administrators.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.