Dedicated, experienced royalty auditors focused on execution and audit delivery, based in New York and London.
We understand the nuances of royalty auditing and practice a non-adversarial approach to royalty compliance. During the royalty audit process, we actively work with our clients on settlement strategy and negotiation, improve internal business process for the client and leverage our in-house Legal and Finance teams’ expertise to provide guidance and best practices that inform the royalty audit report and recommendations.
With over 80 multi-million-dollar royalty audits conducted per year, we have extensive experience across the globe including the European Union, United Kingdom, United States, Latin America and East Asia. Beanstalk’s Royalty Auditing team has expertise across a wide range of intellectual property types including trademarks, copyrights, patents, gaming and software, design rights, audio, film and television.
Royalty Compliance Audits
Through a series of tests, we check to ensure licensees have accounted royalties accurately as well as all licensed activities, and that they are in compliance with the terms of their license agreement.
Consultancy & Advisory Services
Our royalty audit work, which spans diverse businesses, sectors and territories, places us in the unique position to share our diverse knowledge with clients.
Profit Participation, Valuations and Litigation Support
We work throughout all sectors where intellectual property is licensed for commercial exploitation and can provide expert analysis and recommendation.
Our royalty auditors have extensive experience auditing across all areas of intellectual property types including trademarks, copyrights, patents, gaming and software, design rights, audio, film and television.
Business sectors covered by our royalty audits include:
Apparel and Accessories
Audio, DVD, Video & Music
Consumer Packaged Goods
Food and Beverage
Health & Beauty Products
Healthcare & Pharmaceuticals
Television & Film
Toys, Games & Collectibles
Beanstalk’s Auditing Practice is led by Bryan Graham:
Over 25 years of experience in the field of Intellectual Property and of carrying out royalty compliance audits across all categories of IP. Since 2012, has overseen Beanstalk’s Audit division, which currently undertakes over 80 audits worldwide annually.
Formed own company specialising in royalty audits and licensing consultancy services prior to joining Beanstalk
Extensive experience and knowledge of the Licensing industry: not only by virtue of the years spent working in and with the industry but also the very wide range of clients, business sectors and types of IP globally.
Works mainly in the fields of copyright, trademarks and patents.
Maintains relationships with global clients and their licensees and includes the following business sectors: consumer products (all), publishing, film & TV production, international publishers, the licensing of celebrity licensing, medical devices and pharmaceuticals.
Gained exposure to a wide cross section of licensors due to the variety of clients served, carrying out royalty audits as well as providing consultancy advice.
Called upon to provide consultancy services to clients covering not only contractual matters but advice on internal business processes pertaining to the client’s licensing business.
BA in Economics, University of Witwatersand; FCA, Fellow of the English and Welsh Institute of Chartered Accountants
Added-Value of a Royalty Audit Program
Ensure compliance and receive what rights owners are entitled to:
Over 99% of our audits result in claims
Our experience shows royalties are under reported on average by 30%
Enhance business partnership with Licensees
Ensure brand integrity
Increase brand value
Maximize revenue earnings
Improve internal business processes
Enable better Licensee reporting