Ensure Contract Compliance and Protect Your Bottom Line
Contracts are at the core of many business relationships and without proper oversight, small discrepancies can turn into financial and legal risks. Withum’s Contract Compliance Services Team can help organizations validate their third-party agreements, identify revenue recovery opportunities and strengthen compliance across franchise, licensing, royalty/revenue share and vendor agreements.
Contract Compliance Overview
Contractual agreements between businesses and partners often have complex terms, conditions, rights and responsibilities that can be challenging to honor or fulfill. Over time, these agreements can become difficult to monitor and enforce, leading to financial leakage and potential risks or negative impacts on your company and brand.
Our team is well-versed in the structures and challenges for both parties to licensing and franchise agreements. We help businesses proactively assess contract performance and verify that financial and non-financial terms are being accurately applied. Through detailed contract audits and compliance reviews, organizations can identify revenue recovery opportunities, mitigate financial risk and strengthen third-party relationships.
Contract Compliance Services Include:
- Franchise Compliance Audits and Reviews
- Intellectual Property and Royalty Disputes
- Oil and Gas Royalty Relief
- Vendor Management
- Advertising Agency Review
- Revenue Participation Review
- Digital Distribution – Film, Music and Publishing
- Pharmaceutical Distribution and Royalty Audit
- Software Asset and Licensing Management
- Construction Audit and Bond Compliance
- Lease Agreement and Triple Net Audits
- Joint Venture Audits
- Licensee and Franchisee Audit Support
- License Agreement Consulting
- FERC Compliance Reviews
Our contract compliance services provide clients with the potential for a significant return on investment, recovery of audit fees and improved third-party relationships. Our professionals use a non-adversarial approach to ensure cooperation and protection of the relationship between our clients and their third-parties.
Contact Us
Contact Withum to learn how contract compliance services can help minimize risk and optimize the value of your contractual agreements.