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
Score 6-29: High Risk - The sales agreement needs significant revisions to be compliant.
Score 30-49: Moderate Risk - The sales agreement requires certain important modifications.
Score 50-69: Low Risk - Minor changes recommended to enhance the sales agreement.
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.
Sales Templates @ Template.net
