Royalty Audits & Management
At Verus IP, we provide comprehensive royalty audit and management services designed to protect your intellectual property revenues and ensure accurate, contract-compliant payments. Whether you're a licensor managing high-value patents or a licensee seeking clarity and compliance, our team brings legal, financial, and technical precision to every engagement.
🔍 Royalty Audits
Our royalty audit services are tailored for licensors who suspect underreporting or want to proactively verify royalty compliance. We conduct forensic-level audits of licensee sales records, sublicensing arrangements, and payment schedules—identifying discrepancies, calculating shortfalls, and supporting recovery efforts. With experience across biotech, defense, pharmaceuticals, and software licensing, our audits are discreet, data-driven, and admissible in legal proceedings.
Key Audit Services:
Verification of sales and usage reports
Reconciliation against contract terms
Detection of underpayments and reporting gaps
Sublicense and territory compliance review
Audit support for litigation and arbitration
Expert witness testimony where needed
💼 Royalty Management
Verus IP provides full-service royalty management to simplify complex licensing arrangements and optimize cash flow. We manage the lifecycle of your royalty agreements—from rate setting and contract drafting to revenue tracking and reporting—so you can focus on innovation while we enforce your rights.
Management Solutions Include:
Royalty rate benchmarking and strategy
Licensing agreement support and negotiation
Automated tracking of usage, sales, and IP milestones
Generation of customized royalty reports
Forecasting, modeling, and valuation of IP revenue streams
Ongoing monitoring and compliance alerts
⚖️ Industries We Serve
Biotechnology & Pharmaceuticals: Compound licensing, milestone payments, biosimilars
Defense & Aerospace: Dual-use technologies, foreign military sales
Software & AI: Platform/API licensing, embedded IP, SaaS-based revenue splits
Universities & R&D Labs: Technology transfer offices, patent pools
Consumer & Industrial Products: Manufacturing licenses, brand IP, and patents
🤝 Why Clients Choose Verus IP
Decades of experience in IP licensing and federal compliance (ITAR, DDTC, FAR/DFARS)
Advanced legal and technical expertise with business-aligned insights
Transparent reporting and ethical audit practices
Support across the U.S. and international license jurisdictions