FADEL Partners, Inc. has introduced LicenSee™, a platform aimed at enhancing and automating the management of royalties for consumer product licensees in the mid-market. The solution, derived from FADEL's flagship enterprise solution, IPM Suite, is expected to bring various business efficiencies to licensees, including reducing royalty overpayments, diminishing time spent on audit processes, and halving the average time required for royalty processing. LicenSee™ is designed to replace traditional methods such as spreadsheets or legacy in-house systems, offering a more accurate and efficient approach to royalty management.
The platform is highly scalable, delivered from a private and secure cloud infrastructure, and is preconfigured for licensees with a fast professional service implementation cycle of typically 5-10 calendar days. Tarek Fadel, Chief Executive Officer of FADEL, emphasized the significance of LicenSee™, stating, "The cloud platform is aimed at servicing the thousands of small and mid-market licensees and re-enforces our commitment to leveraging our technology, expanding our market and substantially growing our mix of highly scalable, high margin cloud revenues."
FADEL is known for its cloud-based brand compliance and rights and royalty management software, catering to leading licensors and licensees across various industries. The company's main solutions include IPM Suite for rights and royalty management and Brand Vision, an integrated platform for Brand Compliance & Monitoring. With operations in the United States, the UK, France, Lebanon, and India, FADEL has grown to a team of 131 full-time employees, plus an additional pool of contractors. For more information, visit the Group's website at www.fadel.com.