Licensing management and contract compliance

Businesses are constantly looking for ways to improve their cash flow, but revenue or expenses associated with intangible assets are often neglected. Licensing, franchising, supplier or distributor agreements are often very complex and non-compliance with the provisions of these agreements can have a direct impact on the bottom line. Over the life of any kind of licensing agreement, the ‘revenue leakage’ may result in hundreds of thousands, and in some cases, millions in lost income.

Maximising the value of contracts in Thailand can be especially challenging for companies navigating the complex legal, cultural and corporate environment – often in an unfamiliar language. Companies face a host of threats including intellectual property theft, overcharging, under-reported revenues, and contract non-performance from suppliers, vendors and related parties.

PwC’s team of professionals can help maximise compliance and amounts owed under business contracts, resolve disputes with partners, minimise overcharges, discover under-reported income, and improve controls and contract language. PwC Thailand brings together local knowledge, language and culture to help companies optimise their revenues, capitalise on and protect intellectual property, and manage risk.