Parties
Identify each party by full legal name, entity type, and address; include contact points for notices and billing to prevent later service disputes.
A written Business Referral Agreement clarifies payment triggers, reduces disputes, and documents the relationship for tax and compliance purposes. It creates a clear record of obligations for both parties and supports regulatory, bookkeeping, and audit needs.
Use a referral agreement when compensation, tax reporting, or confidentiality need clear, written terms between the parties.
| Template | Create a reusable referral agreement template with standard fields pre-filled where possible |
|---|---|
| Signer Roles | Assign roles (Referrer, Recipient, Witness) and signing order for clarity |
| Authentication | Choose email link, SMS code, or advanced auth depending on risk |
| Conditional Fields | Use conditional logic for territory or commission tiers that change by input |
| Notifications | Set automated emails for pending signatures, completed copies, and payment reminders |
Ensure the chosen solution can produce an audit trail, support retention rules, and integrate with accounting or CRM systems for streamlined processing.
Identify each party by full legal name, entity type, and address; include contact points for notices and billing to prevent later service disputes.
Define qualifying referral activities, excluded sources, time limits for when a referral remains payable, and any territory or industry restrictions to avoid misunderstandings.
Set the exact fee structure (flat, percentage, tiered), payment timing (e.g., net 30 after close), and procedures for disputed payments or offsets.
Specify recordkeeping, documentation required to support a payable referral, and the party responsible for tracking and reporting referrals.
Include non-disclosure provisions and limits on use of client data, especially where sensitive or regulated information is shared between parties.
Name the state law that governs interpretation, and select dispute resolution procedures such as mediation or arbitration to streamline conflict resolution.
Typical payment due within 30 days of qualifying event
Collect before first payment to avoid backup withholding
Issue to recipients and file by Jan 31 each year
Retain financial records for at least 3 years per IRS
Notice periods for renewal or termination often 30–60 days
| 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 | 30-day trial | Trial available | Free limited plan | Free limited plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |