Sales Agreement Compliance Rubric

Sales Agreement Compliance Rubric

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

  1. Score 6-29: High Risk - The sales agreement needs significant revisions to be compliant.

  2. Score 30-49: Moderate Risk - The sales agreement requires certain important modifications.

  3. Score 50-69: Low Risk - Minor changes recommended to enhance the sales agreement.

  4. 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.

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