Where one party provides services to a company, trust, SMSF or ABN entity, it is legally important to have a written services agreement between the parties so there is no unfulfilled expectations.
The LightYear Docs Services agreement enables the provider and the recipient of the services to detail what services are to be provided, the relevant costs and terms of the services and the parties providing and receiving the services. It also includes a process of arbitration where one or both parties come into conflict.
- Simple written agreement between service suppliers;
- Ideal for all services agreements including the provision of services to a SMSF, Discretionary Trust or partnership;
- Detailed service listing easily inserted; and
- Flexibility in payment terms.
Frequently Asked Questions
Can I get a sample of this document?
Yes, please email email@example.com to request a sample document for you to review.
Can I use Services Agreement for professional services I provide?
Absolutely and it is vital so that clients are provided with a clear understanding of exactly what is to be provided and on what payment terms. It is also crucial for all clients to have a standardized services agreement for their offerings
Does it apply to the provision of goods?
This is a services agreement only and is not a contract for the sale of goods.
What if there is a disagreement in terms of services supplied?
The Services Agreement provides for arbitration where two parties formally disagree with the services provided or that they do not meet the standard required. The best practice is to ensure that a detailed description of the services provided is included so there is no conflict.
Is there any training on the LightYear Docs Services Agreement?
We will soon have Services Agreement training on www.lightyeardocs.com
Do you have details on the LightYear Docs that I can give my clients?
There are a range of videos and materials available including upgrade notifications and details on the various documents such as the Services Agreement.
Is the LightYear Docs Services Agreement reviewed regularly?
All LightYear Docs documents form part of the LightYear Docs internal document review cycle. All documents are scheduled to be reviewed at least annually or when required to do so due to changes in legislation. The LightYear Docs review cycle ensures all of our documents remain current and accurate.
Can this document be digitally signed?
YES. In line with current legislation, our legal partner Abbott & Mourly have advised that digital signatures are legally binding on this document. (Note: Integration with HelloSign coming soon to Lightyear Docs).
What happens after I purchase this document?
After you purchase this document, you will experience first-hand the power of our assembly engine, HotDocs. An interview session will appear in what is called the HotDocs iFrame. Through the use of the iFrame technology, we are able to create document templates in minutes, versus months of coding through other methods. The iFrame also allows for rapid integrations and documentation to be assembled instantly in "lines" or packs of documents.
Can I edit my document after it has been completed?
Your document will be available to edit from the LightYear Vault for 30 DAYS after you have completed the interview process, at which point it will be locked for future edits. Your completed documents will be listed under "My Vault" from the drop-down menu in the top right-hand corner after you login. This is also where you re-launch an "interview" to make edits within the first 30 DAYS.
Can I save a document to complete later?
Yes, provided you select save, you can exit the interview process at any time. All documents that have been purchased and not yet assembled will be saved under "My In Progress Docs" and are accessible from the drop-down menu in the top right-hand corner after you login. This is also where you re-launch an "interview" to continue the interview process and assemble your document.