Scope of Services
Defines specific tasks, deliverables, milestones, and performance metrics so both parties have a shared understanding of contractual obligations during the term.
A precise Business Services Corcentric clarifies obligations, reduces dispute risk, and documents payment and performance terms. Properly completed agreements support accurate accounting, permit timely renewals or terminations, and provide evidence for audits or regulatory reviews under federal rules such as ESIGN and relevant state contract law.
In smaller organizations a single executive may complete and sign; in larger organizations multiple role-based approvals are common.
Defines specific tasks, deliverables, milestones, and performance metrics so both parties have a shared understanding of contractual obligations during the term.
Describes pricing, billing frequency, invoicing instructions, late payment interest, and any retainer or deposit requirements tied to the engagement.
States the initial effective date, contract length, renewal mechanisms, and notice periods required to terminate or non-renew the agreement.
Specifies handling of proprietary information, permitted disclosures, duration of confidentiality obligations, and remedies for breach.
Allocates risk by identifying indemnification obligations, liability caps, consequential damages exclusions, and insurance requirements if applicable.
Lists grounds for termination for cause or convenience, required cure periods, and post-termination transition responsibilities including data return or deletion.
| Field | Configuration |
|---|---|
| Authentication | Email link with optional SMS code |
| Bulk Send | Enabled on plans that support batch distribution |
| Templates | Save standard clauses and signatures for reuse |
| Retention | Export signed PDF/A to records repository |
Ensure your records system accepts PDF/A for long-term archival and that connectors are configured to capture audit metadata and signatory attachments.
Effective Date is the contract start date entered as MM/DD/YYYY.
Follow the payment terms (for example, Net 30) from invoice date.
Provide notice per the agreement, commonly 30–60 days before term end.
File written dispute within contract-specified period, often 30 days.
Keep records sufficient for IRS audits; see IRC §6501(a) for filing periods.
| 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 trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |