Overseas Advanced Technologies, Inc

Overseas Advanced Technologies, Inc. is a SAP Software Solution Partner specialized in developing industry solutions for SAP Business One. Royalty Payments™ for SAP B1 is our flagship product, which facilitates and streamlines the calculation and processing of royalty payments to intellectual property owners. Royalty calculations can be based either on amount/quantity specified in each individual sales transaction or on total amount/quantity of sales in a calculation period, like week, month, etc. Royalty amounts calculated are distributed to their respective royalty owners, and payments are made through designated payees. Various reports let you track how royalties were calculated and which transactions were generated by the application. Royalty Payments™ is designed with minimum user interaction in mind. Once royalty contracts are defined, all calculations are done automatically, at the click of a button. New sales transactions are automatically identified and necessary calculations done by Royalty Payments™.