Making sure business organisations receive what they are entitled to under intellectual property and other commercial arrangements.
Many organisations generate revenues through royalty, licensing and similar commercial arrangements. They can also receive discounts, rebates and incentive payments via preferred customer and volume-linked arrangements.
Under these arrangements, payments and receipts are often based on self-declarations that are difficult to monitor and verify. Exercising financial control over these relationships can be difficult. Organisations can be vulnerable to the poor controls and inappropriate business practices of others.
How KPMG can help
KPMG professionals assist clients analyse contractual arrangements and compliance involving customers, vendors, licensees, resellers, distributors and advertising.
We help them improve reporting and communication between the parties to assist with recovering monies owed. The value of recoveries often exceed the cost of our services whilst enhancing future performance under contractual arrangements.
We perform contract services that cover a range of contractual compliance obligations. Our services include:
- Vendor contracts reviews
- Channel (Resellers and Distribution) reviews
- Royalty reviews
- Ad Agency contracts reviews
- Software License reviews
- Software Asset Management.