AWARDS
If your corporation provides bonus awards for inventors submitting disclosures and filing patents, AppColl® can automatically calculate the award amounts and feed that information, after approval, to your payroll department for processing. The payment calculation is flexible and supports award programs that divide a fixed amount across all inventors, with minimum and maximum payouts.
Different payouts for different inventor countries are supported. A lead inventor can be designated that receives additional awards if desired. Awards can be triggered at any point during a patent lifecycle, from the original disclosures of the idea through patent issuance. From their login, inventors can see awards they have received providing motivation for further idea generation.
Have a certain process for awarding inventors? Set up custom triggers to award inventors at any point in your process.