What is the Business RBA Template used for?

A Business RBA Template documents identified risks, scoring, controls, and remediation plans so stakeholders can prioritize work and provide audit evidence during internal or external reviews.

Can this template be signed electronically?

Yes. Electronic signatures that meet ESIGN (15 U.S.C. §7001) and state UETA requirements are valid for most business agreements; confirm exceptions such as wills or certain court documents.

Who should sign the completed assessment?

The assessor, the business unit manager, and an authorized approver should sign. Designate signatory authority in corporate policy to ensure approvers represent appropriate control accountability.

What happens if an assessment needs revision after signing?

Record an amended version with a new date and rationale, retain the prior signed copy, and ensure reviewers re-approve changes to preserve an auditable history.

Are signed electronic RBAs legally enforceable?

Electronic signatures are generally enforceable under the ESIGN Act and UETA where adopted; ensure intent, consent, attribution, and reliable record retention are demonstrable.

How long should I keep signed assessments?

Retain signed RBAs per your retention policy; follow applicable federal rules (e.g., IRC §6501(a) for tax-related records) and industry rules such as HIPAA's 6-year requirement where relevant.

Business RBA Template

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

Business RBA Template

This Results-Based Agreement (the "Agreement") is entered into as of Effective Date: by and between Client Name: (the "Client") and Provider Name: (the "Provider").

WHEREAS

WHEREAS, the Provider is engaged in the business of delivering specified business outcomes and possesses the personnel, expertise and resources necessary to perform the services described herein; and

WHEREAS, the Client desires to engage the Provider to perform the services described in the Scope of Work on a results-based compensation model, and the Provider agrees to perform such services under the terms and conditions of this Agreement.

WHEREAS, the parties intend for compensation to be tied to defined deliverables and measurable performance indicators, and to allocate risks and remedies proportionate to performance.

SCOPE OF WORK

Description of Work

Deliverables shall be those items expressly identified in the Description of Work and shall be subject to the acceptance criteria set forth in this Agreement. Provider shall perform services in a professional, workmanlike manner in accordance with generally accepted industry standards.

PAYMENT TERMS

Total Compensation Payment Structure Invoice Due (days) Late Fee

Payment shall be made in United States dollars (unless otherwise agreed in writing) and shall be contingent upon acceptance of the applicable deliverables. Except as expressly set forth herein, the Client shall not withhold payment for disputed services that have been accepted. Any late payment shall accrue the agreed late fee and interest as specified above, in addition to any other remedies available at law.

TERM AND TERMINATION

Term Start Date: Term End Date:

Notice Period for Termination (days)

Either party may terminate this Agreement for convenience upon the delivery of the notice required above. Either party may terminate for cause if the other party materially breaches this Agreement and fails to cure such breach within thirty (30) days following written notice of the breach. Termination shall not relieve the Client of its obligation to pay for services rendered and accepted prior to the effective date of termination.

CONFIDENTIALITY

Each party acknowledges that in the course of performance it may receive Confidential Information of the other party. "Confidential Information" includes non-public business, technical and financial information disclosed in any form. The receiving party shall (i) use Confidential Information solely to perform its obligations under this Agreement, (ii) protect Confidential Information with at least the same degree of care it uses to protect its own confidential information but in no event less than reasonable care, and (iii) not disclose Confidential Information to any third party except to employees, agents or professional advisors who have a need to know and who are bound by confidentiality obligations no less restrictive than those in this Agreement.

Confidentiality Term (years)

Confidential Information does not include information that (a) is or becomes publicly known through no breach of this Agreement by the receiving party; (b) is rightfully received from a third party without restriction and without breach of a duty of confidentiality; (c) is independently developed by the receiving party without use of or reference to the disclosing party's Confidential Information; or (d) is required to be disclosed by law, provided that the receiving party gives prompt notice to the disclosing party to allow it to seek a protective order or other remedy.

GOVERNING LAW; DISPUTE RESOLUTION

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction specified above, without regard to its conflict of laws principles. The parties shall attempt in good faith to resolve any dispute arising out of or relating to this Agreement through negotiation. If unresolved, disputes shall be resolved by the courts of the specified governing jurisdiction.

ENTIRE AGREEMENT; MISCELLANEOUS

This Agreement, including any exhibits or attachments expressly incorporated herein, constitutes the entire agreement between the parties relating to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written. Any amendment or modification shall be in writing and signed by authorized representatives of both parties.

If any provision of this Agreement is declared invalid or unenforceable, the remainder of the Agreement shall remain in full force and effect. Neither party may assign its rights or obligations under this Agreement without the prior written consent of the other party, except that either party may assign this Agreement in connection with a merger, sale of substantially all assets or change of control provided the assignee assumes the assigning party's obligations.

REPRESENTATIONS AND WARRANTIES

Each party represents and warrants that it has the full corporate power and authority to enter into this Agreement and to perform its obligations hereunder. Provider further represents and warrants that the services will be performed in a manner consistent with industry standards and applicable laws.

Client:

By:

Date:

Provider:

By:

Date:

What the Business RBA Template Is and when to use it

A Business RBA Template provides a standardized framework for documenting a risk-based assessment of a business process, vendor relationship, product line, or operational unit. It combines an executive summary, risk inventory, likelihood and impact scoring, current controls, residual risk, and an action plan for mitigation and monitoring. The template supports auditability by recording assessor name, assessment date, version history, and approvals. When used consistently, an RBA template helps organizations prioritize remediation, allocate resources, and demonstrate a repeatable compliance process to internal auditors and external regulators.

Why a structured Business RBA Template matters

A consistent template improves decision making by standardizing risk evaluation, creating an auditable trail, and enabling comparable scores across units. It clarifies ownership and timelines for corrective actions.

Teams and roles that commonly use this template

Typical users span functional and compliance teams that must identify, score, and mitigate operational and regulatory risk.

Compliance and risk management teams responsible for regulatory programs and internal controls.
IT and security teams conducting vendor and technology risk assessments.
Business unit managers and procurement teams documenting third-party or process risk.

Core sections to include in a professional Business RBA Template

A complete RBA template contains defined sections that make assessments repeatable and actionable for reviewers and auditors.

Executive Summary

One-page overview of scope, key risks, overall residual risk rating, and mandated executive sign-off for fast decision-making and escalation.

Risk Inventory

Structured list of identified risks with unique IDs, descriptions, affected assets or processes, and mapping to regulatory control objectives.

Scoring Matrix

Consistent likelihood and impact scales with calculation rules so scores are comparable across assessments and over time.

Control Catalogue

Existing preventive and detective controls, ownership, operating frequency, and effectiveness rating tied to each risk entry.

Action Plan

Remediation tasks, priority, owner, due date, estimated cost, and status tracking to drive closure and accountability.

Review Schedule

Versioning, review cadence (quarterly or annually), required approvers, and fields for sign-off and follow-up notes.

Essential fields to capture in every Business RBA Template

Entity Name: Legal entity

Assessment Date: MM/DD/YYYY

Assessor: Name and role

Risk Rating: Score or category

Controls: Control IDs listed

Approvals: Signer names

Step-by-step: complete a Business RBA assessment

Follow these steps to produce a defensible, auditable risk assessment using the template.

01

1. Gather inputs: Collect process maps, contracts, controls, and incident history.
02

2. Identify risks: List potential threats and their impacts on objectives.
03

3. Score and document: Apply the scoring matrix and record rationale for each score.
04

4. Review and sign: Assign remediation, obtain approvals, and archive the signed record.

Configure the online RBA workflow

Recommended settings to set up a secure, repeatable online assessment workflow and routing.

Field	Configuration
Template Name	Business RBA Template v1
Access Controls	Role-based permissions
Notifications	Email reminders and escalation
Authentication	ESIGN/UETA-compliant signer methods

Where to send the completed Business RBA and how it flows

Typical routing and storage steps after the assessment is completed.

Assign assessor: Owner completes the risk entries
Route for review: Manager reviews and comments
Sign and timestamp: Approvers sign electronically
Archive securely: Store signed PDF in document repository

Technical and integration considerations for digital completion

Ensure the platform supports secure signing, access controls, and your storage and integration needs before deploying the template.

Integrations: Salesforce, NetSuite, Google Workspace supported
File types: PDF, DOCX, Excel accepted
Authentication: Email, SMS, or advanced signer checks

Common timelines and target deadlines for RBA tasks

Establish clear internal deadlines to keep remediation on track and ensure assessments remain current.

Assessment frequency:

Quarterly for high-risk areas, annually for others

Initial remediation:

30–90 days depending on severity

Sign-off deadline:

Approver signs within 15 business days

Follow-up review:

Verify remediation within 60–120 days

Version update:

Record template changes and effective dates

Common mistakes when preparing a Business RBA

Using inconsistent scoring scales across assessments, which prevents meaningful aggregation and comparison.
Omitting control evidence or owner details, leaving reviewers unable to validate whether controls operate effectively.
Failing to record rationale for scores, which undermines defensibility during audits or regulatory review.
Treating the assessment as a one-time task instead of scheduling regular reviews tied to business changes.

Key risks and potential consequences of an incomplete RBA

Compliance fines: Regulatory penalties possible

Operational loss: Unaddressed risks cause outages

Reputational harm: Customer trust erosion

Contract breaches: Supplier or client penalties

Inaccurate scoring: Misdirected remediation spend

Unsigned records: Weak audit evidence

eSignature vendor comparison for completing and signing RBAs

Pricing and basic capabilities for common eSignature providers. signNow appears first as a cost-effective option for managed signing and templates.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies	Varies	Varies	Varies
Bulk Send	Yes	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

Frequently asked questions about the Business RBA Template

Answers to common questions about completion, signatures, legal validity, retention, and revisions for the Business RBA Template.

Need help? Contact support

What is the Business RBA Template used for?
A Business RBA Template documents identified risks, scoring, controls, and remediation plans so stakeholders can prioritize work and provide audit evidence during internal or external reviews.
Can this template be signed electronically?
Yes. Electronic signatures that meet ESIGN (15 U.S.C. §7001) and state UETA requirements are valid for most business agreements; confirm exceptions such as wills or certain court documents.
Who should sign the completed assessment?
The assessor, the business unit manager, and an authorized approver should sign. Designate signatory authority in corporate policy to ensure approvers represent appropriate control accountability.
What happens if an assessment needs revision after signing?
Record an amended version with a new date and rationale, retain the prior signed copy, and ensure reviewers re-approve changes to preserve an auditable history.
Are signed electronic RBAs legally enforceable?
Electronic signatures are generally enforceable under the ESIGN Act and UETA where adopted; ensure intent, consent, attribution, and reliable record retention are demonstrable.
How long should I keep signed assessments?
Retain signed RBAs per your retention policy; follow applicable federal rules (e.g., IRC §6501(a) for tax-related records) and industry rules such as HIPAA's 6-year requirement where relevant.

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