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If you’re allowing licensees to use the power of your brand to develop consumer products, it’s essential to be clear on the full details and implications of your licensing agreement. The royalty audit serves as an essential tool available to licensors in balancing the relationship; and ultimately, making the license much more effective in capturing value for the IP owner.
RCCA UK royalty audit analyses and investigate the licensee’s compliance with the various obligations, financial and otherwise, laid out in a binding contract, namely the license agreement. Financial compliance is generally determined through an examination of the accounting books and records of the licensee and its sublicensees. Our royalty audits ensure any errors or grey areas are clarified so that you can maximise the value of your brand.
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