Current Challenges
- Large patent portfolios, complex agreements between IP rights holders means managing royalty payments to these holders is an administrative nightmare
Why use IP/Royalty Management from InCloud Solutions?
- Complex IP rights agreements can be set up in solutions including fixed rate, scaled and cumulative royalty rates against products and services as required
- Revenue and costs can be apportioned according to the settlement (contract) rules configured at the click of button in real-time
- Relevant supplier invoices created during clearing runs
- Support for simulated settlement and clearing runs so you can see the postings before you commit
- Full analytical support using the built-in ByDesign reporting and analytical tools
- Perfectly suited to the Life Sciences and Media industries
Cost Effective
- Save time and money by automating licenses and patent cost and revenue processes
- Increase your capacity without increasing your cost base by easily managing more agreements
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