Royalty Audit
Managing and monitoring contractual obligations pertaining to license agreements is a detailed and often overlooked process. Ocean Tomo's royalty audit controls and contractual compliance programs offer clients assurance on royalty reporting (both paying and receiving) in accordance with any license obligations.
Changes in product development, research and further IP protection can distract and drastically effect correct royalty payments. Ocean Tomo Federal Services, as a IP focused merchant banc, assists clients in understanding these evolving issues and creating best practices for proper royalty reporting and ongoing license management. Our team of CPAs, CFAs, IP lawyers, engineers and market analysts go beyond basic accounting and sales figures. Our understanding of IP, from a business aspect as well as technical, allows us to identify alternative revenue streams not evident to clients.
We assist our clients in achieving accurate royalty payments, create ongoing controls for intellectual property licensing and manage revenue payments or proceeds from licensing or other business arrangements.
In addition using Ocean Tomo proprietary tools, we actively assist and manage licensing campaigns. Ocean Tomo's traction in the intellectual property marketplace and overall transaction experience is unmatched. Ocean Tomo has successfully transacted patents, trademarks, domain names and copyrights. Our expertise across all areas of IP makes us the only full service option for streamlining the licensing and monetization of your IP.