Millions of dollars in royalty fees are forfeited each year by licensors due to inaccurate reporting of their licensing programs’ activity. Beanstalk provides on-site global auditing services to help ensure licensee royalty compliance.
We believe that by implementing a proactive licensing auditing strategy, brand owners can enhance their overall relationship with licensees, ensure transparency into licensing program activity and increase licensing profits.
Understanding the delicate nature of the licensor and licensee relationship, Beanstalk takes a non-adversarial approach to licensee auditing that safeguards the relationship between the two parties. We have delivered outstanding service and results across a wide range of industries and geographies. Services include pre-fieldwork, fieldwork, review of findings, settlement strategy and negotiation.
Our licensee audit practice can be engaged as a stand-alone service for brand owners.