Parties
Identify legal names and entity types for each party, include business addresses, and specify the authorized signatories to avoid later challenges to contract validity.
Using a Professional Services Creation Agreement reduces ambiguity about deliverables, protects intellectual property, and defines payment and termination mechanics. It helps both parties manage scope changes and document remedies for missed milestones or quality issues.
This agreement is used by businesses and independent providers to formalize service engagements and by legal, procurement, and project teams to manage risk and payment terms.
Signers usually include the authorized representative of the service provider and an authorized representative of the client; signature authority is addressed elsewhere on this page.
CEO, managing partner, or an authorized officer who has authority to bind the service provider and accept payment, warranty, and liability provisions on behalf of the company.
Procurement manager, VP of operations, or named contract signatory who can approve scope, confirm budget availability, and commit the client to payment and acceptance provisions.
Identify legal names and entity types for each party, include business addresses, and specify the authorized signatories to avoid later challenges to contract validity.
Describe tasks, deliverables, acceptance criteria, and exclusions. Use exhibits or a statement of work (SOW) for detailed technical descriptions and define how change orders are handled.
Specify fees, billing schedule, invoicing requirements, expenses reimbursement rules, late payment interest, and any retainers or milestone payments.
Set a project schedule with milestones, delivery dates, review windows, and remedies for missed dates including extensions and liquidated damages if applicable.
Allocate ownership of work product, define licenses retained by each party, and include provisions for third-party materials and open-source components.
Limitations of liability, indemnities, insurance requirements, termination for convenience or cause, and post-termination obligations such as data return or transition assistance.
| Field | Configuration |
|---|---|
| Authentication Method | Email link, SMS code, or KBA depending on risk level |
| Signer Order | Sequential or parallel to match approval hierarchy |
| Conditional Fields | Show or hide fields based on answers to key questions |
| Template Library | Use standardized templates to ensure consistent clauses |
Ensure the chosen eSignature platform supports required authentication, integrations, and compliance features before routing for signature.
Match platform capabilities to your security, audit, and records retention needs and verify any required BAAs or compliance addenda.
Date the agreement becomes operative, entered as MM/DD/YYYY
Set fixed delivery or approval dates for each deliverable
Specify terms such as Net 30, Net 45, or milestone-based payment schedules
Define review and approval windows, commonly 10–14 business days
Specify notice period, commonly 30 days for convenience terminations
Prepare initial agreement and attach the statement of work and exhibits.
Legal and finance review and approve contract terms and budget.
Obtain authorized signatures from both parties; capture audit trail.
Begin services per the agreed start date and initial milestone.
| Criteria | Professional Services Agreement | Statement of Work |
|---|---|---|
| Purpose | defines full contract | defines specific deliverables |
| Typical Length | longer | shorter |
| Use of Exhibits | usually yes | |
| Signature Requirement | both parties sign | usually appended to master contract |
| 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 | Varies | Varies | Varies |
| 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/yr | Varies by plan | Varies by plan | Varies by plan |