Royalty Management

• You are a media group selling licenses to digital media, such as books or music, and need to ensure accurate royalty payments are made to the rights holders
• You are a life sciences organisation where the patents require consolidated royalty payments being made to all owners based on their percentage ownership of the patents

• Large patent portfolios and complex agreements between IP rights holders means managing royalty payments can be an administrative nightmare

• Complex IP rights agreements can be set up in the solution 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 review the postings before you commit them
• Full analytical support using the built-in ByDesign reporting and analytics tools

• Save time and money by automating licensee and patent cost and revenue processes
• Increase your capacity without increasing your cost base by easily managing more agreements
• Accurate and on time payments creates positive business partner relationships

Regions: Asia - Pacific, Middle East and North Africa, Africa, Europe, Latin America and Caribbean, Global, North America

Financials

General

Life Sciences, Media

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