TRANSACT™ PROGRAM ADMINISTRATION

Brand licensors who fail to apply rigorous financial, legal and data management forfeit millions of dollars in royalty revenue each year. Beanstalk’s newest innovation in service offerings, TransAct^TM, leverages our experience supporting some of the world’s largest and most admired licensing programs. By implementing a 360-degree approach to licensing program administration, our TransAct^TM service delivers increased revenue, brand protection, and transparency of reporting to successfully grow and scale a client’s licensing program.

Over the years, we have invested in the development of robust technology systems as well as an experienced team to offer the best in licensing program management including legal, contract administration, royalty management, product approvals trafficking, financial planning and royalty reporting and licensee auditing. No other agency can provide these kinds of services.

Today TransAct^TM is an integral part of Beanstalk’s representation model, but is also offered “a la carte” for licensors who prefer to manage their licensing programs in-house. We can tailor this integrated suite of services to meet the individual needs of each client.

Licensee Auditing
As an additional service offering, Beanstalk provides on-site licensee auditing services to help ensure licensee royalty compliance. Delivered at a fraction of the cost normally charged by ‘Big 4′ and mid-tier audit firms, we have delivered outstanding service and results across a wide range of industries and geographies. Services include pre-fieldwork, fieldwork, settlement strategy and negotiation. By implementing ongoing licensing auditing programs, clients not only improve royalty cash flows, but also enhance and improve the overall relationship between brand owner and licensees. Our licensee audit practice can be engaged as a stand-alone service for brand owners.

“Beanstalk performed an incredibly efficient and professional audit in a firm but non-adversarial manner.
The audit was comprehensive yet quick and the report was delivered in a timely fashion considering how much information was covered.  A month prior to your audit, we completed an audit with another well-known audit firm,
for which we are still awaiting for the final report.  From first contact to final settlement, we were incredibly
impressed with your professionalism and efficiency at every step.” —Testimonial from a Licensee

Click here to view an auditing case study.