Digital contracts are quickly replacing paper contracts and proving to be a superior method at delivering, tracking, and organizing necessary business agreements between two or more parties.
A digital contract, sometimes called an e-contract, is a digital agreement between two parties acknowledged by a digital signature. Contracts typically written in plain language to ensure the customer comprehends the stated terms and conditions of the service and or product they are receiving. Once signed, both parties have agreed to the terms of the contract and have a duty to execute the contract as described in the contract.
The general purpose of a contract is to make clear the terminology, terms, conditions, exclusions, and inclusions of a business agreement. A contract helps to increase productivity of your business by creating a ‘checklist of items’ that needs to be followed and completed. A customer can reject or request changes before accepting a contract. After accepting a contract, the customers’ signature binds the two parties to the agreed upon terms.
If 81% of chargebacks are fraudulent then criminals know exactly what shortcomings in your operations or paperwork to identify so they receive a free move, HVAC system, or transmission. The problem is you don’t know who is looking to acquire your services free of charge, and therefore must treat everyone the same.
By creating custom contracts that require additional signatures, this allows your business to confirm the terms of service up front. Therefore reducing the risk a customer can dispute that the contract was not fully executed.
By digitizing your contracts this eliminates clipboards, pens, paper documents, and rooms filled with file cabinets. With Sky, all of your documents are securely saved in a cloud environment for instant access!
If you are a small to medium-sized business looking for financial and banking services for your business, look no further than SKY Systemz. Our Operationz and Business Management Suites of software are versatile and can handle all of your digital payments and business operating needs. Not only do we provide the most versatile software available on the market, but we also offer “Pass the Fee" built right into your dashboard. Passing the Fee allows your customers to pay credit card processing fees, instead of cutting into your bottom line. This is optional but almost half of Sky merchants utilize this feature. If Pass the Fee is not for you, we still offer the lowest rates in the industry. If you process at least $20k a month, we are willing to negotiate customer pricing.
At Sky, we’d like to offer a 30-day challenge! Sign up for free with no contracts or commitments. If after 30 days you aren’t satisfied with our software, services or rates, no hard feelings! You can simply let us know you’d like to discontinue services, but we don’t think you’ll want to switch back! To get started, please fill out the request form below and a member of our team will contact you within the next 24 hours!