Creating Licence Agreements

Licence agreement creation within ilicence is a fast and efficient means to ensure a quick response to market opportunities. The structured, customisable and transparent process means that a licence agreement can be created within hours, not days.

The process of creating an agreement consolidates information about the brand, IP and territories which are also stored within ilicence, into a single, online agreement to which both parties have access. Specifics about agreement length, royalty and payment terms, sales forecasts and named agreement contacts on both sides are also defined and inserted in the agreement template.

Once created, a licence agreement and its details can be viewed, downloaded and related activity such as payments, product approvals as well as phone conversations and emails, can be recorded. Therefore all information is stored in a single, central and accessible location resulting in a one-stop point of reference. A comprehensive suite of reports provides instant status reports about all aspects of your live licence agreement.