Case Study: Tervis gains royalty management efficiency and audit confidence with FADEL

Tervis® can “Sip Back and Relax” on its Next Licensor Audit

Tervis, the insulated drinkware manufacturer, faced growing royalty accounting and reporting challenges as licensed products accounted for 43% of its revenue. With about 100 licensors, thousands of properties, manual spreadsheets, and a heavily customized Oracle module, the company struggled with royalty splits, licensor-specific reporting, audit demands, and royalty overpayments on returns.

To address this, Tervis selected FADEL’s rights and royalty management software, tightly integrated with Oracle Financial and Order Management systems. FADEL will automate royalty calculations, generate licensor-specific reports at the click of a button, improve transparency and audit readiness, and give Tervis better insight into guarantees, minimums, and forecasting—helping the company reduce manual work, avoid costly penalties, and gain a stronger competitive edge.

Tervis

Joe Thompson

Director of Accounting