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Wellspring IP Management

by Wellspring Worldwide · Since 2003
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Active2+ countriesCloud
Quick facts
VendorWellspring Worldwide
Year launched2003
StatusActive
LocationWellspring US - Global HQ 6870 W 52nd Ave, Ste 215 Arvada, CO 80002
Countries served2+
Languages2
Integrations1+
Free tier
Free trial
Contact salesYES

About Wellspring IP Management

Wellspring IP Management is a software platform from Wellspring Worldwide that supports intellectual property management and renewals. It combines features such as Growth advancement, Accolade Manage advancement, Scout Scouting Technology, Evolve Manage Tech Transfer, and Astria Manage IP Renewals so organizations can automate tracking, improve collaboration, and scale their portfolios efficiently. This system allows institutions to simplify their IP processes, improve visibility, and ensure timely renewals while managing all aspects of their intellectual property. With comprehensive tools for managing advancement and technology transfer, Wellspring IP Management is designed to meet the needs of research institutions, universities, and corporations that require effective management of their intellectual property assets. Key capabilities: Growth advancement Accolade Manage advancement Scout Scouting Technology Evolve Manage Tech Transfer Astria Manage IP Renewals Best for: organizations that need effective IP management solutions.

Wellspring IP Management is a cloud-based intellectual property management platform designed to streamline the management of licensing, contracts, disclosures, and other IP-related processes. The software aims to ensure that intellectual property is handled efficiently while respecting the rights of all involved parties. It provides users with easy access to contracts, patents, and other essential documents, making it a valuable tool for organizations dealing with intellectual property. Some of its key features include automatic reminders, disclosure submissions, online fee payments, and seamless integration with existing corporate accounts for managing IP disclosures. The user interface of Wellspring IP Management is designed to be intuitive and user-friendly, allowing users to navigate through various modules with ease. The software incorporates logical connections between different aspects of intellectual property management, such as disclosures, agreements, and financial record-keeping. This structured approach ensures that users can efficiently track and manage their IP assets without unnecessary complexity. Additionally, the ability for system administrators to customize the software to meet specific organizational needs enhances its usability.

Pros & Cons

What users like
  • +1. The software boasts an intuitive design, making data insertion and navigation easy.
  • +2. Users can customize drop-down selections to adapt to evolving needs.
  • +3. Automated reminders for patent applications are a valuable feature.
  • +4. Wellspring provides great customer support.
What users flag
  • 1. The document type is missing in the search results when linking to agreement matters.
  • 2. Looking up information within the software is frequently slow.
  • 3. A feature to specifically search invention titles is currently lacking.
  • 4. The global search functionality needs to be improved for speed.

Features

Key features

1. Centralized IP Portfolio Management
This feature consolidates all intellectual property assets into a single platform, enabling efficient tracking, reporting, and management across different teams and departments.
2. Automated IP Renewal Management with Daily Sync
The system automatically synchronizes IP renewal deadlines and instruction status daily, eliminating the risk of missed renewals and the need for manual double docketing.
3. Comprehensive Tracking of IP Assets and Agreements
Users can track inventions, patents, and licensing agreements, while also maintaining historical data and generating detailed reports for better oversight.
4. Unified IP Management for Tech Transfer Offices
The platform provides a centralized system that aligns the entire tech transfer office, improving collaboration and ensuring consistent reporting across all IP activities.
5. Scalable Solutions for Growing IP Portfolios
The software offers flexible tools that can adapt and expand to meet the evolving needs of an organization's growing intellectual property portfolio.
6. Seamless Integration of Software and Managed Services for Renewals
Wellspring's Astria solution combines a software portal with a managed service for IP renewals, offering data checks, live pricing, and integrated reporting within the Sophia platform.

Additional features

1. Centralized IP Portfolio Management
Consolidates all intellectual property assets in one platform for efficient tracking, reporting, and management.
2. Efficient Tracking & Reporting
Automates the tracking of patents, agreements, and inventions, and enables the generation of detailed reports.
3. Comprehensive Agreement and Invention Tracking
Allows users to track inventions, patents, and licensing agreements and maintain historical data.
4. Detailed Report Generation
Enables the creation of detailed reports on the IP portfolio.
5. Tailored Training
Provides expert training to equip teams with the skills to manage IP effectively.
6. Ongoing Support
Offers continuous support to assist users in managing their intellectual property.
7. Unified IP Management Across Your Team
Provides a centralized system for the entire tech transfer office to manage IP assets.
8. Improved Collaboration
Facilitates better teamwork within the tech transfer office through a shared platform.
9. Consistent Reporting
Ensures uniform and reliable reporting across all IP activities.
10. Scalable Solutions for IP Portfolios
Offers flexible tools that can adapt to the growth of an organization's IP portfolio.
11. Daily Sync of IP Renewals Deadlines and Instruction Status
Automatically updates renewal information, eliminating double docketing.
12. Data checks of your mapped IP records
Verifies the accuracy of IP data.
13. Due dates and live pricing for your IP renewals
Provides real-time information on renewal deadlines and costs.
14. Monitor, instruct, and run reports on your IP renewals data
Allows users to oversee, manage, and analyze their IP renewals data.
15. Astria-Sophia Integration
Seamless integration between the Astria and Sophia platforms for managing IP renewals.

Pricing

Free trial
Free version
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Countries & Languages

2
Countries served
2
Interface languages
4
Billing currencies

Available in

Japan🇺🇸US

Interface languages

EnglishJapanese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD

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