The Features & Benefits of Royalty Management
End the admin nightmare – Maintaining reliable payments to multiple patent holders involves a high volume of complex calculations.
Whether you are in Life Sciences, Media, Gaming or Music, if you hold large patent portfolios involving complex agreements you have an administrative nightmare on your hands.
Making such calculations manually in large spreadsheets before raising the relevant payments or invoices can be hugely time-consuming and has to be done each and every month. Our solution takes away that pain by allowing you to set up these agreements, however complex, before automatically calculating the royalties due based on revenue. The solution then generates the relevant invoices for payment through standard SAP Business ByDesign processes.