Benefits

Why Choose FoundationIP?

Reduce costs
As a hosted solution there are no large upfront software licence costs or ongoing maintenance charges, less office space required, no IT resource to hire, no need to buy servers or have a software platform, and no upgrades or installations to pay for. You’ll also reduce your reliance on potentially expensive external professional services and can
plan budgets confidently. And because you pay just one monthly fee, based on the number of IP matters you manage in the system, FoundationIP can help slash your day-to-day operational costs.

Mitigate risk
By storing your IP data in one secure, centralised system, you minimise the risk of inaccurate data entry while transferring information between systems. You also remove the need to make multiple copies of data files and can avoid having sensitive customer data being stored on employee’s desktops or laptops.

Electronic document management and email records create a central paperless IP environment that can be easily monitored or audited. You can run a report at the touch of a button, so you’re always aware of the bigger picture – and the finer details.

Perhaps most importantly, the system calculates deadlines automatically based on the appropriate country laws, providing you with timely information about the deadlines essential to prosecution and maintenance of your IP portfolio. The database
is regularly updated with new rules as the laws change.

Risk mitigation is not only seen through the automation that the system provides. It
also ensures that your data is never lost or compromised which is why we provide the
highest level of security to guarantee the protection of your IP information.

Enable collaboration
FoundationIP acts as a centralised hub of information, providing a platform for effective
communication between internal and external stakeholders. The web-based platform gives
authorised users 24/7 access to the system. They can therefore manage and administer their portfolios through FoundationIP to view status, execute tasks or run reports as needed.

For a corporate IP department, this means outside counsel can, for example, docket
directly into the system. In the same way, clients of law firms can access their portfolios,
view cases and provide instructions online. All of this helps to dramatically improve client
service – by saving time, reducing the amount of unnecessary correspondence, and working together better.

Improve efficiency
FoundationIP stores your IP data, documents and files in one central location, which can
be accessed and updated by authorised users at any time. This eliminates duplication
of information or data entry into disparate systems, promoting more effi cient working
practices, and avoiding the replication of tasks, ultimately freeing people to focus
on higher-value work.

In addition to being able to pull out or search for reports by keywords, FoundationIP can
schedule and deliver reports automatically. Once a report is created, you can choose
to save, run or schedule it. This means that it will be available in “real time” and can
be made accessible to authorised users – saving time and effort.

By automating processes, FoundationIP frees your employees to focus on higher
value business tasks instead of spending time on admin – helping you to offer a
better service to customers or clients.