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Meet Jack.
Jack has trademark licenses with several well-known companies and sports teams. As a licensee,
he utilizes these trademarks to improve his shelf space and appeal to a focused group
of devoted brand enthusiasts.
As his business grows, so do his responsibilities. He's obligated to make up-front guarantee
payments;
Provide detailed sales reporting and forecasting;
And obtain product approvals.
So far, meeting these responsibilities has been a non-stop headache. It takes hours—even
days—to complete his royalty reports, and because he does them manually, they often
have errors that put him at risk for an audit.
What Jack needs is an automated solution that manages the entire brand licensing process
for him.
Jack, meet Dependable Solutions!
Dependable Solutions streamlines the brand licensing process by managing everything from
initial deal memos to royalties and forecasting on approved deals.
With Dependable Solutions, Jack can easily track his side of the approval process, so
that his licensed products move quickly and efficiently through the manufacturing and
brand owner stages to final SKU.
His financial team knows which products are approved and can quickly match them to granted
rights and royalty rates. And what formerly took days, now takes minutes! Royalties are
automatically calculated for product sales down to the channel, retailer, territory and
product rights.
Plus, Jack doesn't need to sweat audits anymore! Advertising commitments, retail chargebacks
and marketing fund calculations help him stay in line with his contracts commitments.
Are you ready to see how Dependable Solutions can help you? Contact us today!