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In business as in life we know that money makes the
world go
around and Credit & Financial Services Incorporated
can
ensure that your company and project receive the most
from
your accounts receivable, while strengthening your
hard earned
customer relationships. We also recognize that not
all business units have the same capabilities and
resources to consistently monitor all of their agreements
nor do they report into a central location. CFSI
can provide that centralization of information and
one source for all of your company’s licensing
compliance data.
Alliances between your company and its business partners
are
formed for many reasons: research and development,
joint
ventures in taking new product to market, manufacturing,
delivery systems and packaging, just to name a few.
What these joint ventures, however unique, have in
common
is that they often culminate in the form of a contract
between
the parties involved. As a result, there are many obligations
that need to be monitored.
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Royalties,
licensing fees and tax credits all provide funding
that enables these important projects to continue and
serve
their original intents. The lack of proper, continual
funding by
these various means, can result in, at the least, forecasted
profits being lost or unexpected expenses being incurred
and possibly the most detrimental consequence can be
the
termination of a joint venture or project that had great
potential or met a crucial need.
Each Contract Management Program can be tailored to
meet the specific needs of the client or individual project.
Our experience also enables us to recommend a structure
that will maximize the utilization of all the valuable
information
your company and its business partners collect. Non
monetary obligations and information like proper insurance
coverage, stringent manufacturing specifications, marketing
requirements and customer service or complaint reports
all
need to be monitored to ensure compliance. |
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