SAP for Media solutions enable a range of key processes for license acquisition and outgoing royalties, including:

• License acquisition contract processing – SAP for Media solutions support the rendering and recording of agreements and contracts with various licensors regarding the type and number of rights or services, and the participation (royalties).
• Rights clearance – SAP for Media solutions give you a complete overview of all IP rights and the associated contract, release, and rights availability information.
• Outgoing royalties settlement – With SAP for Media solutions, you can settle outgoing royalties on the basis of revenues achieved and according to the agreements in the license acquisition contracts, taking into account any advances and minimum guarantees paid.
• License acquisition contract analysis – With SAP for Media solutions, you can analyze the business transactions for license acquisition to determine the success achieved in various markets.

License acquisition and outgoing royalties is enabled with SAP applications such as SAP Intellectual Property Management. To find out how SAP Intellectual Property Management can improve your license acquisition and outgoing royalties, please complete the "Contact SAP" form and request information about industry solutions.