--- description: Review of Wellspring IP Management Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Wellspring IP Management | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Intellectual Property Management Software](/directory/4670/intellectual-property-management/software) > [Wellspring IP Management](/software/326222/wellspring-ip-management) # Wellspring IP Management Canonical: https://www.softwareadvice.ie/software/326222/wellspring-ip-management > Wellspring IP Management is a cloud-based intellectual property management platform that helps manage licensing, contracts, disclosures and more. It serves to ensure that intellectual property is managed in a way that respects the rights of all parties involved. It also allows users easy access to contracts, patents and other similar documents. The software offers several key features including automatic reminders, disclosure submissions, online fee payment and more. Additionally, it allows team members to seamlessly add online disclosures to their intellectual property and docketing systems using their existing corporate account information. > > Verdict: Rated **4.7/5** by 3 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.7/5** | 3 Reviews | | Ease of Use | 4.3/5 | Based on overall reviews | | Customer Support | 5.0/5 | Based on overall reviews | | Value for Money | 5.0/5 | Based on overall reviews | | Features | 4.3/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: Wellspring Worldwide - **Location**: Chicago, US - **Founded**: 2003 ## Commercial Context - **Pricing Details**: Contact Wellspring for more information - **Target Audience**: 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: Australia, Austria, Belgium, Canada, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom, United States ## Features - Alerts/Notifications - Communication Management - Contact Management - Contract/License Management - Deadline Management - Disclosure Management - Docket Management - Document Management - Electronic Payments - IP Portfolio Management - Patent Tracking - Records Management - Reminders - Renewal Management - Search/Filter - Spend Management - Status Tracking - Trademark Tracking ## Integrations (1 total) - Docusign ## Support Options - Email/Help Desk - Phone Support - Chat ## Category - [Intellectual Property Management Software](https://www.softwareadvice.ie/directory/4670/intellectual-property-management/software) ## Related Categories - [Intellectual Property Management Software](https://www.softwareadvice.ie/directory/4670/intellectual-property-management/software) - [Workflow Management Software](https://www.softwareadvice.ie/directory/4272/workflow/software) - [Docketing Software](https://www.softwareadvice.ie/directory/4736/docketing/software) - [License Manager Tools](https://www.softwareadvice.ie/directory/4637/license-management/software) ## Alternatives 1. [Alt Legal](https://www.softwareadvice.ie/software/207895/alt-legal) — 4.9/5 (36 reviews) 2. [HeliosComplete](https://www.softwareadvice.ie/software/256152/helioscomplete) (0 reviews) 3. [WebTMS](https://www.softwareadvice.ie/software/304324/webtms) — 4.4/5 (37 reviews) 4. [TM Cloud](https://www.softwareadvice.ie/software/326138/tm-cloud) — 4.5/5 (26 reviews) 5. [Legistify](https://www.softwareadvice.ie/software/368923/legistrak) — 4.9/5 (41 reviews) ## Reviews ### "More than a place to store information - "Sophia" as SOP and long-term institutional memory" — 5.0/5 > **Martin** | *12 October 2019* | Research | Recommendation rating: 10.0/10 > > **Pros**: One of the major factors for our decision of using Wellspring's "Sophia" IP Management software was the ease of use and the logic between the different modules of Intellectual Property Disclosures, management of IP, agreements encountered in tech transfer and financial record keeping. Further factors considered were the scaleability and the ease of adding other departments as user. Over time, "Sophia" keeps us on track in all tech-transfer matters, IP management and agreement processing. For us, the process setup acts as an SOP and "Sophia" has become our long-term institutional memory. > > **Cons**: The software was, and still is, one of the most innovative and user-friendly software for IP management. We have no complaints. > > We use Wellspring's "Sophia" IP Management software for all aspects of tech transfer and other important hospital agreements. It further allows all corporate staff to review and track their inventions, IP and agreements. As a system administrator, I have far-reaching permissions to adapt the software to our specific needs without being required to have the changes implemented by the provider. ----- ### "Understanding the Database" — 5.0/5 > **Julie** | *14 October 2019* | Hospital & Health Care | Recommendation rating: 10.0/10 > > **Pros**: The thing I noticed when learning about the software is how intuitive it is; for instance, it's easy to insert data such as emails and documents into a matter and functioning within the program, where to go for what. I think being able to add to the drop-down selections is important too, since the environment constantly changes in healthcare. The automated reminder about patent applications is a great feature as well. > > **Cons**: Not having the type of document come up in the list when doing a search for linking to an agreement-type matter. That would be a very convenient function. > > The yearly User Group Meetings are helpful to meet the staff at Wellspring; having 1:1's and tutorials about specific questions or "how to's" during the update sessions; being able to network with others at the universities. Also the tech support has been great by arranging calls timely for discussing matters that occur. ----- ### "Great but needs improvment" — 4.0/5 > **Robert** | *19 November 2020* | Research | Recommendation rating: 7.0/10 > > **Pros**: Well organized for a TTO (not commenting about financials functions since I'm not familiar with those). Decent query builder I like that SQL can be used for querying the database. Great support from Wellspring. > > **Cons**: Its often very slow when looking up information. Needs a feature to search invention titles. Global search needs to be faster. Would be nice to be able to more easily add custom fields ourselves. A map of the database would be great to make querying via SQL easier. > > I like it. Perhaps the best on the market... not just because of the software, but because of the support. ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/326222/wellspring-ip-management) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | | fr | | ----- ## Structured Data