Focus:
Business results are all about the money, and the financial issues in digital/IP lines of business are often quite subtle. IP "leakage" can amount to large lost revenue, real dollar liabilities, and erosion, or even total loss, of intellectual property assets. Pricing and valuation are frequently non-obvious on both licensing-in and licensing-out transactions, including routine commercial software licensing. Since the intangible form of intellectual property permits very innovative and inconspicuous delivery of value, revenue recognition must be devised and monitored in wholly new terms. Without a clear, efficient and integrated model, the accounting, reporting and payment of royalties can be both an unacceptably error-prone and expensive process for both licensor and licensee.
Solution:
Digital Thinking can assist accountants and financial managers, inside or outside an enterprise, to better see and realize top-line and bottom-line improvement opportunities through:
- interaction with software and IP operations
- process audits and refinement
- coaching product and development management
- guidance to procurement and contract managers
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