IPM Suite Description
The deal management module captures and processes agreement terms, creates approval workflows and allows for contract amendments. It also creates a history trail and audit trail. The rights management module allows for deal search, deal creation, IP rights hierarchies and advances and guarantees, payment schedules and royalty rates, as well as collision checking/rights clearance/holes analyses. The royalty management module processes sales and usage data, calculates and validates royalties in and out, allows for deductions/recoupments, handles violations, enables analytics, and generates royalty statements. Finance management module allows you to manage revenue recognition, accruals, expense management, a robust accountant engine, accounting sub-ledger and bi-directional ERP integrations with financial systems.