A method for monitoring payments, payment authorizations, and payable events in an inventor recognition program for a company. The present invention comprises an Award Reminder Program (ARP), an Award Status Program (ASP), and an Award Monitoring Program (AMP). The ARP monitors the award tracking database associated with the present invention and sends the inventor's manager an email requesting authorization of payment when required. If the manager does not authorize payment, the ARP sends the manager a reminder email. If the manager still does not authorize payment, the ARP proceeds up the company's organizational chart until payment is authorized. The ASP monitors the award tracking database and updates the status of each docket in the award tracking database. The AMP allows a user to view the award tracking database, print a payment report, print a payable events report, or send a reminder email to the inventor's manager.