Rights & Royalty Management

Effectively managing intellectual property, including your rights inventory, license revenue, and royalty payments, is challenging, especially for media companies that rely on licensed content for products and profits. To handle these complex issues, you need a solution that covers both media-specific business and customer relationship management tasks.

 

SAP Intellectual Property Management helps you manage these tasks by covering the entire value chain – from acquiring and creating intellectual property to managing incoming and outgoing royalty payments.

 

You can manage relationships with rights holders, licensors, licensees, authors and actors by effectively administering:

 

Contract Management

 

Manage contracts and relationships with business partners (licensors, licensees, writers and actors). Create and maintain contracts for service sales, product sales, rights, and license deals – as both licensor and licensee of intellectual property rights. And you can track master data and the roles of a company or individual in different processes, customizing this information to meet your precise needs.

 

Rights Inventory

 

View vital information on all intellectual property rights, including status, availability, and restrictions, through complete records of rights that enter or leave your inventory. Check availability of rights using the intuitive user interface. Generate reports that provide essential facts on rights from different perspectives.

 

Rights, Licenses, and Product Sales

 

SAP CRM handles the entire life cycle of rights, licenses, and products – from marketing to sales to added-value services – and coordinates all customer-facing activities.

 

Royalty Accounting

 

Manage all essential royalty accounting processes with seamless data flows, including invoice generation and customer payment receipts, information entry into your accounts receivable system, and generation of royalty payments and statements after factoring in advances, prepayments, or bad debts.

 

With SAP Intellectual Property Management, you can increase revenue from sales and licensing through more accurate planning, greater transparency, and process optimization over the entire life cycle – ending costly, time-consuming work needed to ensure consistency among stand-alone systems.

 

To ensure that your SAP IPM solution is optimised for your particular business, Invenio offer a team of experienced consultants that can configure and implement a highly functional, integrated SAP IPM solution into your current IT infrastructure. 

 

For more information please call us on UK +44 (0)330 440 1800 or India +91 (0) 22 660 44999.

 

Need more information?

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Email us at info@invenio-solutions.com
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