Backed by hands-on experience managing 75 monthly royalty reporting packages and defending dozens of royalty audits — saving companies millions of dollars — xlpros brings audit-ready rigor to your licensing and royalty compliance. This is advisory work: assessing where your reporting stands, closing the gaps, and getting you ready before an auditor ever asks.
What this includes
Audit readiness assessment — identifying gaps in your current royalty reporting before an auditor does
Audit defense — organized, defensible documentation and support if a licensor initiates an audit
Minimum guarantee & earned royalty review — ensuring both figures are properly reconciled and tracked
Multi-license structuring guidance — building a scalable tracking approach as licensing relationships grow more complex
Licensing agreement compliance review — assessing your reporting process against the agreement's actual financial terms
How this works
This is advisory work, not report preparation — we assess how your royalty reporting stands today, identify where it's exposed, and guide you in closing those gaps before an auditor finds them. Royalty and licensing work is detail-intensive by nature — the difference between a clean audit and a costly finding often comes down to documentation and consistency built up over every reporting period. This is exactly the kind of depth that comes from having managed it at real scale.
Frequently asked questions
What triggers a royalty audit?
It varies by licensor — some audit on a routine schedule, others when a reported figure looks inconsistent with expectations. Either way, being consistently audit-ready is far less disruptive than scrambling to reconstruct records after a request arrives.
What's a minimum guarantee, and why does it need separate tracking?
A minimum guarantee is a fixed amount owed regardless of sales performance, separate from earned royalties based on actual sales. The two need to be tracked against each other throughout the contract term — conflating them is one of the most common royalty accounting mistakes.
Can this scale as we add more licensed products or licensors?
Yes — this is exactly where a structured tracking process matters most. Reporting complexity grows faster than revenue as more products and licensors get added, and the process needs to be built for that from the start.