Existing royalty management solutions leverage licensee-provided retail shipment data to calculate royalties. With one-third of royalty reporting accuracies stemming from mistakes in tracking shipment data, we go one step further.
We collect supply chain data for each product SKU every time a royalty report is submitted to the licensor. By comparing the licensee-provided sales data with our data we can immediately identify issues and allow licensee and licensor to agree on the accurate royalty amount.
Our solution builds increased confidence in the accuracy of each royalty report, which reduces later need for audits.
Further, our solution works in tandem with a licensee's or licensor's royalty management systems, without requiring a technical integration, minimizing disruption to existing business processes.
Transparent royalty VALIDATION
Licensor and licensee access the same intelligence that powers the royalty validation, making approvals and payments faster.
Enhanced PROGRAM PERforMANCE
Licensors can extrapolate more value out of their licensing contracts while strengthening relationships and loyalty of licensees.
Licensor improves cashflow and revenue; licensee streamlines reporting and reduces audit risk.