As an IP professional, getting your arms around the full innovation lifecycle can be overwhelming; especially when tasked with increasing both the quality and number of new ideas.
From invention through to licensing, NovumIP’s streamlined processes and ability to aggregate information from disparate sources and systems, and facilitate collaboration supports innovation from the initial idea to ongoing monetization. Components of the Invention Management system include the Inventor Portal, Invention Submission, and Royalty Awards.
Efficiently manage your community of internal and external inventors so you can easily track, process, and oversee your innovation pipeline no matter the volume.
Establish a more transparent and efficient invention submission review process that allows for approvals to be made anytime anywhere to increase speed to filing.
Reduce time spent tracking awards and feel confident that royalty payments are being made to the right party.