Sukish provides expert Compliance Audits for Licensing Agreements to ensure that licensors and licensees are fully aligned with the terms of their intellectual property contracts. Whether you’re managing tech transfer deals, product licensing, or software agreements, our audit services protect your rights, revenues, and relationships. The Key Benefits include:
Contractual Obligation Review : Examine licensing agreements for specific performance criteria, financial terms, and reporting requirements.
Royalty & Revenue Verification : Validate that royalty payments match reported sales, usage, or performance benchmarks.
Usage Monitoring : Audit how licensed IP is being deployed to ensure it complies with permitted use, territories, and sublicensing clauses.
Risk & Discrepancy Identification : Detect underreporting, delayed payments, or misuse of intellectual property.
Data & Documentation Validation : Ensure audit trails are backed by robust financial, technical, and legal documentation.
Corrective Action Support : Recommend steps for non-compliance resolution and contract renegotiation where necessary.
Audit Reporting & Stakeholder Communication : Deliver detailed, professional audit reports suitable for internal and external stakeholders.
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