Parties
Full legal names, entity type, and primary business addresses for each contracting party; include DBA names if used in operations.
A well-drafted Business TPH Document reduces operational friction, clarifies responsibilities, and documents legal and regulatory compliance obligations. It helps limit liability, sets service and reporting expectations, and provides the basis for performance monitoring and dispute resolution.
Organizations use the Business TPH Document to formalize third-party handling relationships and to meet internal control or regulatory requirements.
Use by the correct role speeds review and reduces rework; ensure the signer is authorized and that procurement and legal have approved the final text.
Full legal names, entity type, and primary business addresses for each contracting party; include DBA names if used in operations.
Precise description of third-party handling activities (e.g., storage, transport, payment collection) and any excluded tasks or limitations.
Start and end dates with renewal mechanics and early termination conditions; specify effective date in MM/DD/YYYY format.
Fees, payment schedule, invoicing rules, and responsibility for taxes or withholding; include late-payment remedies and interest rates if applicable.
Privacy and security requirements, encryption standards, breach notification timelines, and any required addenda (for HIPAA or PCI).
Limitations of liability, indemnity clauses, insurance minimums, and dispute resolution or governing law provisions.
| Field | Configuration |
|---|---|
| Signer Order | Sequential or parallel as required |
| Authentication | Email, SMS code, or KBA |
| Notifications | Auto-reminder cadence (e.g., 3 days) |
| Retention | Encrypted storage duration per policy |
Choose distribution channels and signing methods that meet your security and audit needs.
Ensure the chosen method aligns with required authentication strength and your record retention policy.
W-9s and tax forms should be provided upon payer request
1099-NEC and W-2 recipient deadlines: Jan 31
1099-MISC electronic to IRS: Mar 31
Obligations begin on the Effective Date entered
Retention periods generally start from document creation or filing
All fields populated and attachments included before routing to reviewers.
Legal and compliance sign-off to confirm required clauses are present.
Authorized signatures obtained and digital certificate generated.
Final signed PDF and audit trail stored in secure repository.
| Document Type | TPH Agreement | Master Service Agreement |
|---|---|---|
| Purpose | delegation of handling tasks | broad service and scope |
| Typical Term | shorter, transactional | longer, ongoing |
| Exhibits | operational sops attached | pricing schedules attached |
| Signatures | authorized operational reps | executive-level authorization |
| 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 by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA) | Yes (BAA) | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Optica moved to online execution to speed customer response
Property management shifted to electronic documents to avoid in-person signings