IP Forecaster Updates: December 31st

IP Cost Estimation and IP Forecaster Updates

Our 52nd site update of the year! This week, we’ve got some big updates. First, we’ve jumped onto the AI bandwagon to enable us to take in any kind of fee schedule or invoice. Next, we are quickly building out our corporate-focused portfolio planning and budgeting tools. Lastly, we’ve made it easier for organizations to fine-tune word count assumptions for translation costs.

Happy New Year – Update #1 for 2024 is only a week away!

IP Forecaster: AI-Assisted Fee Schedule and Invoice Processing

IP Forecaster

Many IP invoices and fee schedules are still PDF-based, so we’ve introduced a trainable, machine-learning engine into our platform. This allows us to easily incorporate fee schedules into forecasts, use them for invoice control, and automatically validate PDF-based invoices with the same speed as electronic invoices.

IP Forecaster: Strategic Planner: Portfolio Planning Dashboard

This week, we introduced our first portfolio planning dashboard for Strategic Planner pilot clients trying out the Prokurio platform. Over the next several weeks, we will build “what-if” capabilities and continue to synch with our API and Salesforce toolkits.

IP Forecaster: New Translation Configurations

IP Forecaster

We want to ensure you have flexibility when forecasting translation costs, so we have added the ability to configure your own word counts for every part of the patent application. Use our defaults or adjust them to meet the needs of your applications.

Like this kind of stuff?

Check out all of our other updates this year: 2023 Updates

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