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Intellectual Property (IP) management software provides an integrated approach to streamline processes for all types of IP. An excellent IP management system should cover a wide range of functions and integrate them into one unified database. Functions such as invention disclosure management, patent management, trademark management, licensing management and spend management can now all fit together in one database.
So why should you implement IP management software into your business? Here are five good reasons:
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Top 5 Reasons To Invest In IP Management Software
1. TOP 5 REASONS
TO INVEST IN IP MANAGEMENT SOFTWARE
FROM “SUPPORT” TO STRATEGIC”
2. Reason 5:
Bring Consistency & Repeatability to Processes
Structure can help you
control your outcomes more easily
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3. Reason 5:
Bring Consistency & Repeatability to Processes
Applying policies and business rules
into workflows removes guesswork
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4. Reason 4:
Greater Visibility Into Work in Process
Docketing
System
Spreadsheets
Invoicing
System
Emails
File System
Most IP departments use
many different systems
FROM “SUPPORT” TO STRATEGIC”
5. Reason 4:
Greater Visibility Into Work in Process
IP Management System
The IP management system can
pull it all together
FROM “SUPPORT” TO STRATEGIC”
6. Reason 3:
Lower Administrative Costs
Eliminate redundant tasks,
lower costs
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7. Reason 2:
Improve Accuracy with Fewer Errors
Get it right,
the first time
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8. Reason 1:
Increased Productivity
Selective access to information
relevant to each role
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9. Reason 1:
Increased Productivity
Each party is notified when they are
needed to perform a task
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