The Bottom Line

InvotexIP is known for our publications of our royalty audit findings statistics as well as our ability to uncover large underpayments while preserving relationships.


 

UNDERREPORTED ROYALTIES AS A PERCENT OF REPORTED

 
 
 

Source: Over 20 Years of InvotexIP Audit Statistics


For Every 100 Audits Performed:

Screen Shot 2018-02-05 at 10.42.36 AM.png
 

Truth behind reasons for underreporting

  • Majority stems from honest oversights and misinterpretations
  • Disconnect between the legal/licensing professionals who draft the license agreement and the staff tasked with preparing the royalty reports
  • Periodic royalty reporting is an auxiliary job responsibility
  • Employee turnover
  • Template roll forwards