Fully automated processing and payments
The royalty management system from Incent4 helps eliminate manual steps starting with the licensing agreement approval process, ingestion of reference and sales data, royalty calculation, and on-time royalty invoicing (licensees) and payments (licensors).
Scalable and configurable commission engine
Incent4’s highly configurable solution allows companies to scale to hundreds of millions of royalty reports (sales transactions) for royalty calculations.
Complete transparency over data sets and calculations
Build confidence between licensor and licensee on the accuracy and transparency of data, calculations, invoices (licensor) and payments (licensee). Licensor and licensee have complete visibility into relevant data, calculations, invoices (licensor), and payments (licensee), so disputes on royalties are non-existent.
Royalty Criteria
The Incent4 solution allows specifying sophisticated and flexible attainment criteria (“Royalty Criteria”) based on the following attributes.
Intellectual Properties and Rights
Product Components
Regions
Territories
Customers and Customer Attributes
Channel Partners
Any other attribute of the sales transaction used for determining attainment for calculating royalty
Administrators can easily create Royalty Criteria and associate them with royalty agreements.