“Agreements Agreements everywhere,
but the deal cycle still did not shrink ????
Agreements Agreements everywhere,
Simplify documents and close deals in a blink ????”
Agreements are critical documents that facilitate transactions between two parties by ensuring clear communication of their obligations and responsibilities. They are prevalent throughout organizations and across different industries. It is critical that you know the different types of agreements that are involved in a deal process.
Any business deal is incomplete without an agreement – but the use of technical and legal jargon drives the non-experts away from working on or around such agreements. This results in misinterpretations and disagreements between the parties. But the presence of a legally binding agreement provides a sense of security that prevails in case of any dispute. With companies now modernizing their systems of agreement, the future is all about digitization and automation.
Agreements are the foundation of business, and they are everywhere – be it a start-up or a business that is going on for some time now. Here is a list of agreements used by different teams at different stages and for a specific purpose.
| SALES | MARKETING |
| Sales Order Processing | Event Registration |
| Customer Account Provisioning | Customer Communication Approvals |
| Special Deal Terms | Mass Mailing/Email Approval |
| Referral Agreements | Event Vendor Agreements |
| Reseller Agreements | Rebate Agreements Sponsorship Agreements |
| Partner Agreements | Promotion Agreements |
| Sales Support | Advertising Contracts |
| Loan Documents | Press Release Approvals |
| Support Agreements and Renewals | Brand Licensing Agreements |
| __ | Media Plan Sign-offs |
| SERVICES | HUMAN RESOURCES |
| Account Change | Offer Letters |
| Service/Work Orders | New Hire Paperwork |
| Terms Change | Candidate NDA |
| Self-Service Requests | On/Off-boarding Checklist |
| Compliance | Employee Policy Distribution and Signature |
| Field Service | Contractor Agreements |
| New Policy Applications | Non-disclosure |
| Policy Cancellations/ Suspensions | PTO Management |
| Independent Agency Licensing | Performance Appraisal |
| EFT Authorization | Background Checks |
| FINANCE | IT/OPERATIONS |
| Invoice Processing | Asset Tracking |
| Expense Processing | Change Requests |
| Capitalization Management | Requirements Sign-off |
| Audit Sign-off | Access Management |
| Policy Management | Incident Reporting |
| Inventory Sign-off | Production Change Authorization |
| Asset Transfer/Retirement | Maintenance Authorization |
| Grant Applications | Authorization |
| Sales and Use Tax Return | Real Estate Approval |
| Consumer Account Opening | Project Budget Approvals |
| Deposit Products | __ |
| LEGAL | FACILITIES |
| NDAs | Front Desk Sign-In |
| Contract Management | Work Orders |
| Internal Compliance | Lease Agreements |
| IP | Move-In/Out Requests |
| Licensing | Parking Permits |
| Patent Applications | Building Maintenance |
| Board Minutes | Construction CAD Drawings |
| Affidavits | Equipment Loan Agreements |
| Summons | Change Justification Forms |
| Engagement Letters | Building Permits |
| Memoranda of Understanding | Change Orders |
| PRODUCT | PROCUREMENT |
| Management | Purchase Order |
| Change Management | Statement of Work |
| Release Management | Master Services Agreement |
| Code Review Reporting | RFP Sign-off |
| Requirements Acceptance | Supplier Compliance |
| Release Scope Commitment | Service Level Agreements |
| Policy Approval | Termination Letters |
| Beta/SDK Agreements | Software License Agreements |
| Developer Program Enrollment | Rate Cards |
| Product Development Methods | Invoice Processing |
| New Product Evaluation | Subcontractor Agreements |
| New Offering Announcement | Vendor Contracts |
In an agreement, knowing exactly where you stand is important. It helps to work in a more efficient manner and in case of any disagreements, you have a piece of paper that lays down the rules of what should have happened from the outset.
Do you frequently work with multiple documents? Try out Revv to create and manage agreements. Do share your thoughts with us in the comments below or tweet to us!
Want to take the hard work out of drafting agreements? Try Revv’s agreement templates
