Soundmouse will monitor the use of music on radio across a range of stations in the UK and report the usage data back to the society, which will use the data to provide more accurate distribution of revenues to members.
The monitoring activity will start on October 1 and the information collected will be used for distributing member royalties from April 2012.
PRS for Music head of research and development Keith Hill said that offering the highest levels of service to members is paramount. "It is critical we receive the best information and reporting to achieve this. The new technology will increase accuracy of distributions to members and further enhance the efficiency of royalty payments."
Soundmouse head of business development Mark Vermaat said his company has succeeded in delivering a significant leap forward in targeting the unique demands of music reporting.
Soundmouse was founded in 2001 and now provides services to over 450 media organisations.