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Invention Manager | Awards
Awards
Reward inventors automatically, from first idea to issued patent
If your company pays bonus awards for disclosures and patents, AppColl® calculates the award amounts automatically and, once they're approved, sends them to your payroll department for processing.
Awards can be triggered at any point in the patent lifecycle. Inventors can see the awards they've received from their own login, which keeps the ideas coming.
How an award gets paid
1
A milestone is reached
A disclosure is submitted or accepted, a patent application is filed, or a patent issues.
2
AppColl calculates it
Your payout rules work out each inventor's share, including minimums, maximums and any lead inventor bonus.
3
Approve or notify
Notify inventors right away, or require pre-approval before an award is released.
4
Send to payroll
Approved awards are passed to your payroll department for processing.
Awards Features
01
Automated inventor awards
Implement your existing awards program and auto-generate awards for disclosure submissions and approvals, patent filings, patent issuances and more.
02
Flexible calculations
Set up the bonus program the way you work, from dividing a fixed amount across all inventors to other payout rules that match your policy.
03
Custom award triggers
Have your own process for awarding inventors? Set up custom triggers to award them at any point in your flow.
04
Payouts by country
Pay different award amounts to inventors in different countries.
05
Lead inventor bonus
Designate a lead inventor who receives an additional award, if your program calls for it.
06
Inventor visibility
Inventors see every award they've received from their own login, giving them motivation to keep submitting ideas.
Built for complex award programs
Award programs can get complicated. Send us your requirements and AppColl will set up the program for you, so it pays inventors the way your company already does.
Submission awards
Recognize inventors as soon as an idea is submitted, or once the committee accepts it.
Filing awards
Pay out when a patent application is filed on the inventor's disclosure.
Issuance awards
Reward inventors again when the patent issues.
Pre-approval
Hold awards for review before they're released to inventors and payroll.
More award tools
Shared award pools
Split a total pool of money across all of the inventors named on a disclosure.
Minimum and maximum payouts
Make sure every inventor receives at least a set amount, and cap what any one inventor can earn.
Award tracking
Awards are set up and tracked in Invention Manager, so you always know what each inventor has been paid.
Tied to your approval flow
Award triggers follow your disclosure approval flow, from submission through the committee's decision.