6 Best Intellectual Property Management Software in 2021

Intellectual Property Management Software is used to manage the overall Intellectual Property (IP) assets of a company/organization. These Intellectual Property assets include patents, trademarks, copyrights, designs, and other various forms of IP.

In this article, we will list down the best Intellectual Property Management software and also which IP software is best for you, what are the features, pros, and cons of these IP management software.

Intellectual Property Management Software

Best Intellectual Property Management Software

1. Anaqua

anaqua-intellecual-property-management-software

Anaqua is one of the leader in the Intellectual Property Management domain. Anaqua provides Intellectual property management solutions for all levels of enterprises that include patents, inventions, designs and trademarks.

ANAQUA software platform helps in integrating best practice workflows, docketing, data, documents, and patent analytics in a cloud-based i.e. SaaS platform.

ANAQUA is used by IP professionals to manage intellectual property assets.

Anaqua is used by some of the best brands of the world such as Adidas, BASF etc.

Features of Anaqua:

  • Intellectual Asset Management
  • IP Docketing software
  • Patent Management Software
  • Trademark Management Software
  • Patent Docketing Software
  • Trademark Docketing Software
  • Intellectual Property Management Software
  • IP Practice Management
  • Patent Annuities
  • Document Management
  • Patent / Trademark Management
  • Portfolio Management
  • Task management
  • Case management
  • Billing and invoicing
  • Patent and Trademark management.

Pros of Anaqua:

  • User friendly
  • Easy to Understand User Interface (UI)
  • Better Analytics
  • Web-Based, Cloud, SaaS-based IP software.
  • All the case/matter related information such as invoicing, documents, communication is integrated in one database.

Cons of Anaqua:

  • No free trial

Pricing:

Pricing information is not available on their website and you need to contact their customer service team for a quote.


2. Foundation IP

foundation-ip-intellecual-property-management-software

FoundationIP® software helps you to manage your intellectual property throughout the whole lifecycle and makes it easy to access it from anywhere and anytime.

FoundationIP is used by some of the world’s top-most innovative companies and law firms.

FoundationIP is an industry-leading SaaS-based IP Management software and is great for busy IP professionals working on their own or in a law firm.

Due to it being cloud-based, you can securely access your data whenever you need it.

It comes with Intuitive and user-friendly dashboards to allow you to understand and access the information easily.

The implementation process of FoundationIP is quick and easy.

FoundationIP allows you to easily automate reports, calculate due dates of office actions, capture invention disclosure statements, and awards inventors.

In a nutshell, FoundationIP is best for Intellectual property management teams and IP operations professionals.

Features:

  • Efficient workflows – Allows you to streamline processes and also collaborate more easily within your organization and with vendors and external parties.
  • 1-click Docketing – This allows you to automate the docketing of USPTO office actions from USPTO Private PAIR to save you time and also helps in reducing the chances of any errors.
  • High Security – Your IP data is safe, protected, and monitored 24/7.
  • Deadline Management
  • Docket Management
  • Document Management
  • IP Portfolio Management
  • Information Disclosure Management
  • Patent Tracking
  • Renewal Management
  • Spend Management
  • Trademark Tracking.

Pros:

  • Ability to create custom docketing templates from scratch.
  • Ability to easily sort and search results
  • User-friendly interface
  • Easy to navigate
  • Scalable and future-focused.
  • Cloud-based solution that enables teams collaboration
  • Up-to-date local intellectual property laws.
  • Generates useful reminders for action items.
  • Makes it easy to track patent family
  • Excellent customer service support
  • Robust software for tracking and docketing information related to IP Management.
  • No need for large IT infrastructure, licenses, or maintenance.
  • Subscription-based.
  • Unlimited number of users.

Cons:

  • No free trial.
  • Best suited for large corporations and could be difficult to customize for very small firms.

Pricing:

Pricing information is not provided by CPA Global who owns FoundationIP software.


3. Patricia

patricia-intellecual-property-management-software

Patricia is a fully customizable IP Management Software for corporates and law firms.

It is available as a client/server as well as a web-based product.

The unique thing about Patricia is that it was created by the IP professionals and for IP professionals.

With Patricia, you can access and track dates for IP such as laws/regulations, IP forms, time and cost registration of IP assets, billing and invoicing, and document management.

Patricia is best for IP professionals and helps them with litigation, point-and-click-access, automatic tracking, invoicing, document management, and documentation.

Features:

  • Document Management.
  • IP Portfolio Management.
  • Direct Access to Case Data with a flexible workflow based tool.
  • Effective solutions for securely sharing information and assigning tasks to staff.
  • Document creation, storing, tracking, and viewing.
  • Direct data exchanges to and from Patricia and other systems.
  • Cloud-based deployment.

Pros:

  • Easy to do batch processing
  • Better case management
  • User-friendly
  • Ability to estimate the costs of new and existing cases and case families.
  • Flexible report tool.
  • Email functionality.
  • Fast, efficient, and accurate invoicing
  • Extensive automatic country & law file.
  • Good customer support.
  • The flexible and powerful docketing system.
  • Makes IP docketing easy.

Cons:

  • No free trial.

Pricing:

Pricing details are not provided by Patrix and you can contact Patrix for pricing details.


4. Alt Legal

alt-legal-docketing-software

Alt Legal Best is a docketing software for Trademark and IP professionals.

This software is developed by IP attorneys and IP paralegals and is used by many large law firms, leading IP boutiques firms, and corporate legal departments of big companies.

Alt Legal IP software makes the process of IP docketing super easy with its automated USPTO and CIPO TM docketing features.

Alt Legal IP software also calculates statutory deadlines for you so that all the office actions are docketing appropriately.

Features:

  • Easily Create Customizable IP Docket Reports.
  • Automated IP Docketing.
  • Deadline Management.
  • Docket Management.
  • Document Management.
  • IP Portfolio Management.
  • Renewal Management.
  • Trademark Tracking.
  • Patent and Trademark reporting tool, invention workflows, regular docket deadline reminders.
  • Trademark Docketing Software.
  • Free Trial available.

Pros:

  • Automated IP docketing software.
  • Free Migration.
  • Excellent support.
  • Demo available.
  • Training is provided.
  • Extremely intuitive interface.
  • Easy to navigate
  • Pricing is clear and affordable.

Cons:

  • Less customizable options

Pricing:

The pricing of Alt Legal starts from $50.00/month.


5. AppColl

AppColl-ip-management-software

AppColl is a cloud-based patent & trademark management software that is best for IP patent attorneys, paralegals, docketing specialists, trademark attorneys, and corporate IP departments.

It has two products: AppColl Prosecution Manager and AppColl Invention Manager.

AppColl Prosecution Manager is a cloud-based IP management product that is designed to increase productivity and reduce costs.

AppColl Invention Manager is a tool that lets you create and manage a well-defined invention process from conception to filing stage.

Features:

  • Flexible and powerful reporting features.
  • Best customer support.
  • Subscription service and charges monthly.
  • Create automated docketing workflows, with template-driven emails.
  • Easy Data Import/Export.
  • Easy To Use Interface.
  • Document Management.
  • Contract Management.
  • Demo Available.

Pros:

  • 30 days Free Trial.
  • No Software to install.
  • Cloud-Based Intellectual Property Management Software.
  • Automatic Docketing for US Patents & US Trademarks.
  • Comprehensive Matter Database.
  • Secure Document Storage.
  • Track Billing Activities and Generate Invoices.
  • Prior Art Management.
  • Highly customizable.
  • Auto-populate PTO Forms.
  • Pulls information from USPTO PAIR.

Pricing:

  • AppColl® PM Pro starts from $100 per month.
  • AppColl® PM Plus starts from $130 per month.
  • AppColl® IM (Invention Manager™) starts from $350 per month.

6. DocketTrak

DocketTrak-ip-management-software

DocketTrak is a professional IP docketing system for IP professionals and law firms.

DocketTrak is powerful, intuitive, and is easy to use.

It is best for intellectual property management (patents, trademarks, or copyrights).

There is no setup up and no long term agreement for using this docketing software.

Features:

  • Your data is available 24/7 and is secure and protected.
  • No setup fee, no cancellation fee, no long term agreement.
  • Track Patents, Trademarks, Copyrights, and Domain Names.
  • Create custom IP types to accommodate your clients’ needs (e.g., license, agreement, trade secrets).
  • Create unlimited numbers of Dockets, IP Records, Clients, and Client Users.
  • Connects with USPTO, CIPO, EUIPO, and IP Australia databases to make updating of data easy.
  • Automated trademark update service to update your trademark records automatically when USPTO data or status changes.
  • Real-time Integration with the European Union, Canada, and Australia trademark offices.
  • Find your IP records with fast text search and retrieval.
  • MS Outlook, Google, Yahoo, and iOS Calendar Integration.
  • Automatic Trademark Record Creation – We detect any new application you file and create your DocketTrak record automatically.

Pros:

  • Much simpler to use than other systems.
  • DocketForm form letter technology for customized email and Word form letters.
  • Seamless MyUSPTO.gov and Private PAIR integration with PAIR Connect 3.0.
  • Customizable auto docketing.
  • Unlimited IP records and Client users.
  • Daily reminder email of upcoming dockets.
  • Integration with USPTO patent e-Office Action emails.
  • Data conversion from FoundationIP, AltLegal, Reva, CPi, WebTMS, AppColl, ProLaw, FlexTrac, and IP management others.
  • Automated Trademark Update Service.
  • Simple Cancellation policy.
  • Unlimited number of Client users.

Pricing:

DocketTrack comes in 3 editions: Standard Edition, Expanded Edition, and Enterprise Edition.

Standard Edition pricing starts from $75 per month.
Expanded Edition pricing starts from $100 per month.
Enterprise Edition pricing starts from $250 per month.

With Enterprise Edition you will get unlimited number of Attorney or Paralegal Users, unlimited number of Client Users and unlimited Records.


Conclusion

So these were few of the Best Intellectual Property Management Software and docketing software for your business.

We hope that you have liked them.


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