How does Vuulr's invoicing work, and how is the commission calculated for deals that don't involve a flat fee?
Generally speaking, we charge a flat 10% commission to the Seller for any and all transactions that start in any form on the Vuulr marketplace, on success only.
For “performance-based” (or revenue share) deals, the 10% commission will be calculated based on the Buyer’s performance reports, which they are mandated to supply to both the Seller and Vuulr.
If trailing revenue-share commissions are due to the Seller during a licence period, Vuulr will bill successive valid invoices to mirror the reporting (and billing) frequency agreed between Seller and Buyer in the Deal Memo.
Minimum Guarantees are also treated fairly and logically in our billing process.
To read a comprehensive report on our billing process, please see our detailed Vuulr Billing Policy viewable after you log in to the platform, in the left menu Support section. And you may check our full Platform User Agreement for all the relevant terms that are agreed to when registering to use the platform.