What is royalty fee in SAP (SAP-LEGAL - Global Field Legal)?

SAP Term: royalty fee

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: A fee paid in consideration for the use of intellectual property.

Smart SAP Assistant

• Key Concepts: 
  A royalty fee is a payment made to a licensor for the right to use their intellectual property. In the context of SAP-LEGAL Global Field Legal, royalty fees are payments made to a licensor for the right to use their software. 
  
  How to Use It: 
  In order to use SAP-LEGAL Global Field Legal, you must pay a royalty fee. This fee is typically based on the number of users or the amount of data that will be used with the software. The exact amount of the fee will depend on the agreement between you and the licensor. 
  
  Tips & Tricks: 
  When negotiating a royalty fee for SAP-LEGAL Global Field Legal, it is important to understand what you are getting in return for your payment. Make sure that you are getting all of the features and services that you need in order to make the most out of your investment. 
  
  Related Information: 
  For more information about royalty fees and SAP-LEGAL Global Field Legal, please visit the SAP website or contact your local SAP representative.