ILS Rights

Experts in Contract Compliance and Royalty Audits Worldwide

Contact now

Contract Compliance & Royalty Audits

Protecting and managing intellectual property (IP) rights through an effective contract compliance or royalty audit programme is often critical to the success of a solid business partnership between the IP rights owners and their licensees/business partners. For IP rights owners, not regularly monitoring the royalty income can result in significant revenue leakage over time.

Our contract compliance experts have helped clients identify and successfully recover millions of dollars through our forensic approach to royalty audits.

Whereas in the past, royalty audits were seen as a sign of distrust between the licensor and licensee, nowadays they are increasingly viewed as best practice by all parties in any licensing relationship. After all, most well-written licence agreements do have a right-to-audit clause agreed and signed by both parties

Our licensing experts help clients identify and successfully recover any contractual underpayments due through licence compliance examinations, royalty audits, and expert independent advice. We have experience in royalty and licence audits across the globe in industry sectors including entertainment & media, character merchandising, publishing, luxury & sports brands, pharmaceutical, technology, franchising and media advertising.

Benefits of Royalty Audits

With a typical audit covering a period of between 3 to 5 years of reported revenues, the benefits of our services include:

  • Significant cash recoveries from findings identified and improved future cash flows, which very often exceed the cost of the audit;
  • Increased transparency;
  • Validation of the completeness and accuracy of the royalty payments and expenditure;
  • Highlighting unclear terms and opportunities for contract renegotiation by working closely with client in-house legal counsel;
  • Improved controls for accurate future reporting by the licensees;
  • Improved relationship between licensor and licensee/business partners.

Protect your IP, recover lost royalties, and ensure contract compliance with expert audits.

© 2025 Insight Licensing Services LTD