FADEL Introduces Essential Audit Readiness Features for Licensees Effectively Reducing Time and Costs
FADEL, renowned for its innovative software solutions in rights and royalty management, has unveiled new capabilities specifically designed to enhance audit readiness among licensees. This development, introduced on October 6, 2025, comes at a time when the frequency of audits across various sectors has significantly increased, leading to prolonged projects that can sap resources and disrupt business continuity.
Comprehensive Solution for Efficient Audits
The latest enhancements to FADEL’s software, including the IPM Suite™ and LicenSee™, aim to streamline the entire audit process. These functionalities deliver a bundled solution that equips licensees with the necessary tools to manage audits swiftly and effectively. According to Greg Pan, an IP licensing attorney at Nolan Heimann LLP, the licensing audit process typically spans several months — often extending from six to nine months, or even longer in some cases. This duration not only stalls operations but also diverts essential resources.
FADEL’s new features include a centralized hub for deal documentation, clear histories of contract amendments, and a product approval documentation center. Additionally, it offers on-demand audit reports that facilitate rapid data collection and evidence gathering. This functionality is crucial, as audits often require substantial documentation and substantiation of claims. Moreover, the software now includes violation alerts, prompting proactive responses to potential claims before they escalate into larger issues.
Protecting Licensees Against Common Pitfalls
The comprehensive nature of FADEL’s audit readiness capabilities is designed to mitigate typical challenges faced by licensees during audits. By maintaining organized records and providing immediate access to necessary documentation, licensees can reduce disruptive fallout from audits. This shift encourages a more proactive approach, allowing businesses to remain focused on their operations rather than becoming sidetracked by the demands of audits.
In an effort to further support its clients, FADEL will be showcasing these new audit readiness capabilities at Brand Licensing Europe, scheduled for October 7-9, 2025, in London at booth B254. Attendees will have a firsthand opportunity to experience the streamlined functionalities and see how they can significantly improve the licensing audit process.
To coincide with this launch, FADEL is offering a limited-time 25% discount on its licensing and audit management software until the end of the year, making this an opportune moment for businesses looking to boost their operational efficiency.
FADEL, which has garnered a reputation for aiding prominent names in various industries — from media to life sciences — develops solutions that automate content rights management and simplify the processing of licensing royalties. Founded in 2003 and headquartered in New York City, FADEL also operates offices in Los Angeles, London, Paris, and Lebanon. Through its advanced cloud-based products, it empowers businesses to maximize revenues and improve operational efficiencies.
For more details or to request a demo of the new audit readiness capabilities, interested parties can contact FADEL directly at [email protected].