Auditing 2020: Where The Money Is
Posted on September 25, 2020
In case you missed our Episode 5 of our Octane5 webinar series, you can watch it here.
Thanks to our Special Guest – Chris Muggleton head of The Licensing Advisory Consultancy and all-around Royalties Guru.
Chris’ expertise in auditing was clear as he shared some key takeaways with attendees including:
- Audit can be a profit center for your licensing program
- Audit is an expected part of the relationship with your licensees and should be done during the contract period. Don’t wait until you terminate the agreement!
- Technology, like BrandComply, is enabling faster, more thorough and more cost effective auditing
- Don’t forget about product approvals and ensuring all product sold was authorized
- Know your manufacturing locations
There is much more to learn in this webinar, so take a listen and let us know what you think.