Manage Licensing Agreements and Royalty Processing for your Life Sciences Supply Chain Partners

Manage Licensing Agreements and Royalty Processing for your Life Sciences Supply Chain Partners

Co-Hosted by Apps Associates and FADEL


Webcast Overview

In today’s highly collaborative Life Sciences industry, many companies license products, technologies and processes to and from their Research, Development and Commercial partners. Join FADEL and Apps Associates to learn more about our technology solution that automates tracking and royalty processing for your licensing deals using Oracle ERP Cloud Financials and FADEL IPM Suite.

In this on-demand webcast, 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


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

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