Life-Sciences-Partners-using-Oracle-ERP-Cloud-Financials

In this webinar subject matter experts will walk you through how our Royalty Management Solution can help overcome some of your biggest licensing challenges:

  • Growing complexity of contract terms making even a single licensing arrangement difficult to track and calculate accurately
  • Overpayments or underpayments of royalties leading to potential violations and audits
  • Integration to back end ERP system
  • Lack of visibility into royalty components, royalty percentages, payment schedules, payments and accruals, and agreement or patent end dates
  • Ability to accurately forecast business opportunity and future royalty obligations versus negotiated contract terms

Find out more about our solution that is designed for organizations to gain efficiency, accuracy and agility while supporting new transformative business models.

Who should attend:

Managers, Directors, VPs and C-Level leaders from Life Science, Bio Pharma and Medical Device organizations.

 

What you will learn:

How an effective platform for royalty management can support both inbound and outbound licensing in a unified system with standard data flows. We will show you how you can automate:

Deal Management

Deal Management

A central repository to track license agreements for royalty bearing materials with workflow approvals and a full history and audit trail

Rights Management

Rights Management

A flexible rights data model to align with product SKUs and definitions, support bill of materials management, track usage terms, restrictions and end dates, and provide flexibility to create new product innovations

Royalty Management

Royalty Management

Automating calculations and the processing of inbound and outbound royalties with the ability to do monthly accruals and forecasting; native support for reporting on when royalties are due, paid or collected, and provide gross margin visibility for royalty cost of goods sold

ERP Integration

ERP Integration

Native integration with Oracle ERP Cloud for Supply Chain and, Financials including Payables and General Ledger, as well as Analytics and Forecasting

About Apps Associates

Apps Associates is an enterprise application services leader with a customer-first focus. Apps Associates has more than two decades of experience helping organizations innovate through digital transformation initiatives. Customers such as Brooks Automation, Hologic Inc., Edwards Vacuum, and Take Two Interactive Software turn to Apps Associates for strategic counsel, system integration and the services required to solve their most complex business challenges – utilizing experience in analytics, application modernization, process automation, digital systems, technology and operations. To learn more about how Apps Associates can help you align your business with the right technology, visit: www.appsassociates.com, or follow Apps Associates on social media on Twitter and LinkedIn