Does FoundationIP provide a way to handle Inventor Award calculation?
Yes, FoundationIP includes an Inventor Award module that can be used to calculate inventor awards. Obtain the following benefits:
- Generate awards automatically based on events (i.e. Disclosure, Filing, Grant).
- Create rules to handle different calculation scenarios, e.g. split into equal amounts for all inventors or specify a different amount for lead inventor.
- Quickly approve awards and generate a report to send to your HR department for processing.