As you review your December and Q4 2009 royalty reports, be on the lookout for the 10 most costly royalty reporting issues.

Intellectual property licensees of all sizes often have insufficient staff and systems in place to effectively manage royalty reporting. In fact, studies show that 81% of all licensees under report royalties, and that 40% of licensees underpay by at least 50%. That is potentially $20,000 in lost royalty revenue for every $100,000 reported!

Factor in the amount of wasted time your own limited staff spends searching, copying, pasting, calculating, converting, mailing, emailing, faxing, and phoning, and it is clear that inadequate royalty reporting is a costly burden.

Learn how Licensors can eliminate the 10 most costly royalty reporting issues with RoyaltyZone.

This entry was posted on Monday, February 1st, 2010 at 8:20 am and is filed under Licensing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.