The Bottom Line

Invotex 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 25 Years of Invotex Audit Statistics


For Every 100 Audits Performed:

 

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