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ROYALTY MANAGEMENT

Provide highly transparent, accurate, and auditable accounting for royalty earning and payment calculations. Manage complicated royalty contracts. Produce royalty statement and critical management reports.

 

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Sophisticated Contract Management

Manage complicated royalty contracts with ease. Support multiple royalty formula, plus hook-in for custom calculation.

 

Royalty Split

Track royalty for IP collaboration. Split royalty earnings between multiple parties.

 

Effective Dates

Contract administration is made easier with effective dates to control calculation changes.

 

Advance and Guarantee

Royalty payment function manages earnings along with advances and guarantees.

 

Payment Cycle

Set up payment cycle to suit the needs per each royalty party.

 

Royalty Statement

Clear and precise royalty statement promotes trust with royalty parties.

 

Royalty Reports

Produce critical reports to review and analyze royalty transactions.

 

Comprehensive Audit

Extensive and accurate audit trails provide solid support for royalty transaction integrity.

 

A/P Interface

Generate checks through A/P to pay for advances and royalty earnings.