IPM Suite Description
The deal management component captures the terms of agreements, establishes approval workflows, manages financial transactions, accommodates contract modifications, and maintains a historical record with an audit trail. Meanwhile, the rights management aspect facilitates the searching and creation of deals, organizes IP rights hierarchies, oversees advances and guarantees, tracks payment schedules, sets royalty rates, and performs collision checks along with rights clearance and holes analysis. The royalty management section is responsible for processing sales and usage data, calculating and verifying royalties both in and out, allowing for deductions or recoupments, addressing violations, providing analytical insights, and producing royalty statements. Additionally, the finance management module encompasses revenue recognition and accruals, expense oversight, a comprehensive accounting engine, an accounting sub-ledger, and seamless bi-directional integration with financial systems through ERP. This interconnected system enhances efficiency and accuracy across all financial and contractual dealings within the organization.
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Integrations
Company Details
Company:
FADEL
Year Founded:
2003
Headquarters:
United States
Website:
fadel.com/ipm-suite/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Training Videos
Customer Support
Online Support
IPM Suite Features and Options
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