Contract Compliance Services
Bizz Solutions’s professionals are experienced in serving a variety of clients in a wide range of industries in areas such as royalties, licensing, distribution agreements, advertising, digital content and more. We help our clients to assess their relationships and contracts with vendors, distributors, and licensees. As a result, we understand the complexities and nuances of a range of business contracts, processes and procedures and have been able to help companies recover revenue misstated in self-reporting statements while maintaining and improving relationships with their business partners. Our services are as follows:
ü Royalty Compliance
ü Software End-User License Review
ü Vendor Contracts
ü Ad Agency Contract Compliance
ü Reseller and Distributor Review
ü Digital Distribution
ü Software Asset Management (SAM)
ü Intellectual Property (IP) Audit
Gaining the full value that is due from contracts is clearly a prime concern for many companies — in terms of enhancing income, reducing costs and meeting compliance issues. Our professionals can help our firms’ clients by advising on:
· Enhanced return on investment (ROI)
· Recovered cash from overpricing and overpayments
· Better protection of intellectual property
· Mitigating and managing risks within the extended enterprise
· More effective financial reporting controls
· Improved relationships with key business partners
· Increased confidence in vendor’s contract compliance process
· Identified opportunities to enhance contract language
· In-depth industry experience and a dedicated practice
We assist clients in helping to ensure their business partners comply with contract terms related to royalties, licenses, and incentive-based marketing programs. Our firms’ professionals perform royalty reviews of licensees on behalf of licensors. This work helps companies recover lost revenue and enhance the compliance review process. At the same time, it can help maintain – or even improve – the relationship between the two parties, since our approach can help reduce the tension or mistrust that self-reporting relationships often create.
Bizz Solutions Forensic also helps clients identify potential financial misreporting and establish the compliance baseline underpinning contractual relationships with business partners. These business partners include licensees, customers, third-party administrators, vendors, etc. Establishing this baseline may uncover significant findings, resulting in potential collections or savings, factors that affect ROI.
Our team’s forensic technology services begin with an approach that spans the entire Electronic Reference Model improving business performance while maintaining the highest levels of business integrity and control is a mandate across industries – and around the globe. This integrated approach enables us to provide Electronic Data Discovery services that can help organizations achieve measurable improvements in quality and review-team efficiency. With a combination of knowledge, experience and technology, our firms assist their clients in their efforts to achieve the highest levels of compliance and efficiency in managing records and information, developing efficient, repeatable business processes for responding to legal and regulatory requests for Electronically Stored Information and providing effective collection, processing and hosting of ESI for review and production.