Just when you believe that you’ve received all your royalties….
Almost all of our auditors have been in the Royalty Audit industry for at least 15 years. We have heard it all! Everything from “a tornado blew all my records away” to “a disgruntled employee stole all my records and left town”.
We have come across plenty of franchise owners who are constantly seeking ways to “work around” the system and save money by paying less royalty fees. However, they can’t hide from our process. And we help our clients hold the franchisees responsible for their “work around”. Unfortunately, there will always be a “work around”. We will always be there to manage it.
….and the honest franchise owners?
We have over a combined 250 years of experience in this industry. We often find thousands of dollars’ worth of unreported royalties from honest mistakes. The Royalty Administrator took a vacation, and no one reported royalties while he/she was gone. A Bookkeeper wasn’t aware that royalty fees were due on a certain revenue stream. During a change of responsibility in an administration department, the important step of entering in daily sales gets skipped. Or even an angry employee decides to double report sales, costing the franchise owner more money.
These are the issues that we see every day. It’s why we make a living doing what we do. It’s why we can be such an important partner to your company. Our process, our experience, our dedication, and our flexibility are what make us the best in the industry.
Get in touch with us and let us show you how we can help.
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