Royalty Management by Vistex
Royalty Management by Vistex
Royalty Management by Vistex
ROYALTIES
e n a b l i n g y o u r g o - t o - m a r k e t s t r a t e g y.
f a s t e r. e a s i e r. b e t t e r.
R O YA LT Y
MANAGEMENT
INBOUND ROYALTIES
designed to provide
a holistic view of
TM
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TM
OUTBOUND ROYALTIES
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making.
RIGHTS MANAGEMENT
and
enabling
businesses
with
insightful
Boldinformation
Vision. Brilliant
Execution.
that drive
revenue, control costs
and increase margins.
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ERP
ERP
Enabling an efficient, integrated process
for
royalty management
External
Systems
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Pricing
Trade
Spend
Suite
Load
Validate
details
Proactive
into accruals
Contracts Receive customer
Rebates royaltyIncentives
CompliancevisibilityMaster
Data
Promo
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Vistex solutions are embedded into SAP ERP, transactional,
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Audibility, tracking and, data management are vital functions COSTSEBecause
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that are vital in ensuring that royalty monies owed or due are
administered accurately. Failure to properly manage royalties
can lead to erroneous payments, broken trust from partners,
and negative impact on your bottom line. SAP Incentive
S
V
RE RGIN
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master data are accessible in one place, without duplication, giving your organization
end-to-end visibility into royalty programs. With SAP Incentive Administration
by Vistex, your business can accurately identify the sale of relevant products
and accurately determine who should be paid, what amount, and under which
circumstances. As accrual, calculation and settlement of royalty payments all are
important factors that contribute to the overall order-to-cash process, SAP Incentive
Administration by Vistex helps define royalties due at a product level, based on sales
activity. This minimizes the risk of non-payment liability and creates a reliable system
By calculating and processing incoming royalties at the time of use per the license
property (IP) and rights to boost sales. By tracking the receipt and payment of
monies ahead of time, SAP Incentive Administration by Vistex tracks the usage of
of royalty programs. In addition, the solution manages and tracks royalty payments
royalties and rights between licensees and licensors, providing your organization
received and processed for IP rights licensed at the conclusion of every product or
with the necessary visibility into guarantees and advances. This allows businesses
service sold, per agreement. Ultimately, errors that could result in profit leakage, audit
to calculate, track, and draw down on royalty monies, spreading it out over time, and
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