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IP Financial Friday

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IP FINANCIAL FRIDAY

16 JUNE, 2023

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DID YOU CHECK YOUR Q3 ANNUITY INVOICE OR JUST PAY IT?

It’s the middle of June, and by now, most organizations have received their 3rd quarter-annuity invoices. Over the last month, we’ve been working on a self-audit guide and had the chance to interview several IP groups on their annuity audit processes. And guess what?

Virtually nobody checks their annuity invoices.

The most frequent reason we heard was a lack of time to look through thousands of line items, which got us thinking because:

You don’t need to look through thousands of charges to assess the health of your invoice quickly; you just need to spot-check a handful of cases.

So, to make it easy for everyone to spot-check invoices, we’ve added Solo, our free self-audit tool, to our public website. No cost or sign-up is required, and no training is needed.

 

Simply find a country and a payment year in Solo and compare them with your invoice.

Our free version includes ten jurisdictions covering eight currencies.

Instantly see if your vendor is charging excessive currency premiums or hidden fees.

And did we mention that it’s free?

 

 

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Disclaimer
THIS POST IS STRICTLY INFORMATIONAL AND IS NOT INTENDED TO BE, AND SHOULD NOT BE RELIED UPON AS LEGAL ADVICE. PLEASE CONSULT A QUALIFIED ATTORNEY FOR SPECIFIC ADVICE REGARDING ANY INTELLECTUAL PROPERTY MATTERS.

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