Upgraded Functionality for TIP Tool: Integration with Docketing Software Systems
The TIP Tool™, a comprehensive patent strategy platform, has introduced a new feature to streamline patent portfolio management for small to medium-sized enterprises (SMEs). The Docketing System Sync allows users to seamlessly integrate their patent portfolio data with their IP docketing software, eliminating the need for manual entry and reducing errors.
To utilise this feature, users need to export their data from their docketing system as an Excel or CSV file and email it to a unique email address provided by the TIP Tool™. The system automatically handles most of the field mapping after users export their data from their docketing software. Users can choose from three sync actions: Add Only, Update Only, or Add & Update Both, ensuring flexibility in managing their patent portfolios.
The Docketing System Sync feature supports various docketing systems like AppColl, Foundation IP, and Patricia, making it a versatile solution for many organisations. SMEs can benefit from this feature in several ways: it streamlines patent portfolio management by keeping all records up to date without extra administrative burden; improves accuracy and consistency of IP data; saves time in monitoring deadlines and filings; and supports better decision-making by providing a consolidated, real-time view of patent statuses.
After the sync, users can access history logs to see which records were processed or unprocessed, including any errors for review and correction. They can then view the updated application data in the Portfolio Manager within the TIP Tool™. By syncing docketing systems with the TIP Tool™, users can gain strategic clarity and operational efficiency.
For foreign applications, users are recommended to regularly upload exports from their docketing system - weekly or even daily, to keep records up to date. Although the feature does not have live integration with external patent office databases for foreign applications, it fully supports syncing foreign applications from docketing systems into the TIP Tool™.
The Docketing System Sync feature aims to reduce friction and make portfolio management within the TIP Tool™ smarter. By simplifying and automating docketing tasks, the Sync feature helps SMEs efficiently scale their patent management processes, enabling them to protect their innovations more effectively and focus resources on business growth.
- The new Docketing System Sync feature, incorporated in the TIP Tool™, enables small to medium-sized enterprises (SMEs) to collaborate more efficiently in managing their patent portfolios.
- Users can leverage the TIP Tool™'s Docketing System Sync to strategically eliminate manual entry and reduce errors in integrating patent portfolio data with IP docketing software.3.To initiate the sync process, users need to file an Excel or CSV format of their patent portfolio data to a specific email address provided by the TIP Tool™.
- The TIP Tool™'s Docketing System Sync offers users the flexibility to choose from three sync actions: Add Only, Update Only, or Add & Update Both, thereby catering to diverse management needs.
- By syncing their docketing systems with the TIP Tool™, SMEs can access patent status updates in real-time, promoting informed decision-making across their enterprise.
- The Docketing System Sync feature is compatible with multiple docketing systems such as AppColl, Foundation IP, and Patricia, making it a versatile solution for various industries.
- By integrating patent portfolio management with IP docketing software, SMEs can save costs on administrative tasks and allocate more resources towards business growth and technology innovation.
- SMEs can anticipate reduced friction and smarter portfolio management within the TIP Tool™ as the Docketing System Sync feature simplifies and automates docketing tasks.
- Regular data exports from docketing systems are advised for foreign application records to maintain up-to-date statuses within the TIP Tool™.
- The TIP Tool™'s Docketing System Sync feature not only enhances the operational efficiency of patent management but also supports the protection and scalability of patents, ultimately benefiting intellectual property (IP) rights and their role in fostering business success.
