A royalty audit is a big stick. It’s an effective tool to find unpaid royalties, but it does little to provide a carrot to incentivize future good behavior. Our latest LinkedIn article discusses ideas for how to structure licensing contracts to incentivize behavior for both licensor and licensee to improve ongoing profits. 

Leveraging these assets via licensing agreements is certainly the most common methods used today; while licensing seems a no-brainer for many companies thinking of monetizing more on their assets, there are a few considerations that are best to review before jumping cold feet into a licensing agreement. Read More

This LinkedIn article discusses the core challenges related to approvals in licensing, the impact to royalty under-reporting, and the requirements for a holistic solution.

We reached the third and last article of the series. I really hope you enjoyed the first and second article that we published in the past few weeks. Here’s the last set of questions that you can ask yourself to quickly spot the right audit candidates when assessing licensee compliance

This LinkedIn article discusses the difficulties in translating legal language into an accurate royalty calculation, and possible solutions to mitigate the problem and not get "lost in translation."

We continues our series on helping licensors identify if an audit may be required. The series also helps a licensee identify potentially overlooked items to avoid an audit down the line.

Our LinkedIn article highlights the first set of questions to ask when identifying possible licensees to audit, such as:

• Are the royalty payments made timely, according to the licensing agreement?

• Is detailed documentation provided in support of royalty reports/payments?

• How are royalties calculated?

In the LinkedIn article we discuss:

• The challenges that royalty under-reporting brings from a finance perspective

• The impact to the growth of the licensing industry as a result from unpredictable licensing revenue

• How we can solve poor royalty reporting at its core, with a focus on shifting royalty reporting from reactive to proactive