Sales Agreement Compliance Rubric
Sales Agreement Compliance Rubric
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Date: [Date] |
Prepared by: [Your Name] |
Objective
To assess and ensure all sales agreements executed by [Your Company Name] are compliant with both company policies and prevailing industry standards.
|
Criteria |
Non-Compliant (1-3) |
Partially Compliant (4-6) |
Fully Compliant (7-9) |
Exemplary (10) |
|
Clarity of Terms |
Terms are vague, leading to potential misunderstandings. |
Some clarity but a few terms remain ambiguous. |
All terms are clear, but minor clarifications may be required. |
All terms are explicit, with examples provided for understanding. |
|
Fairness of Pricing |
Pricing heavily favors one party, without justification. |
Pricing somewhat favors one party; minor justifications provided. |
Pricing reflects market rate and is balanced for both parties. |
Pricing is favorable for both parties, with incentives for early payments or bulk orders. |
|
Delivery & Payment Terms |
No clear provisions on delivery or payment. |
Basic provisions mentioned, but lack details. |
Comprehensive details on delivery and payment provided. |
Detailed schedule with contingencies and incentives in place. |
|
Warranty & Maintenance |
No warranty or maintenance provisions. |
Limited warranty; no maintenance services. |
Standard warranty with optional maintenance services. |
Extended warranty with complimentary maintenance for a specified period. |
|
Termination & Penalties |
No mention of termination rights or penalties. |
Vague termination clauses; no mention of penalties. |
Clear termination rights for both parties with defined penalties. |
Clear rights, with a grace period for resolution before penalties apply. |
|
Dispute Resolution |
No provisions for dispute resolution. |
Mention of resolution but no clear process. |
Defined process for resolution with an option for third-party mediation. |
Clear steps for resolution with both internal and external mediation options. |
Scoring Guidelines
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Score 6-29: High Risk - The sales agreement needs significant revisions to be compliant.
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Score 30-49: Moderate Risk - The sales agreement requires certain important modifications.
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Score 50-69: Low Risk - Minor changes recommended to enhance the sales agreement.
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Score 70-100: Compliant - The sales agreement is robust and meets all standards.
Use this rubric to evaluate all sales agreements to ensure they not only protect [Your Company Name]'s interests but also maintain the trust and confidence of our clients. Periodic reviews and updates are essential to remain aligned with industry best practices.
