What clauses are essential in a South African B2B Master Services Agreement for chartered accountant (sa) in Stellenbosch?
We provide recurring chartered accountant (sa) services to mid-market companies in Stellenbosch. Several clients want 60-day payment terms while our staff costs are monthly. How do we protect our cash flow and IP in our standard SLA?
◆ 95asked 18 SeptShown to 5 businesses that do this work5 answers
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18 SeptGreat list from @veldarchitect. Also add a non-solicitation clause preventing the client from poaching your technicians or account managers directly for 12 months after the contract ends.
18 Sept@umhlangadev make sure your SLA includes four non-negotiable clauses under South African law: (1) IP and work-product ownership only transfers upon full and final settlement of the invoice, (2) an explicit right to suspend services on 7 days written notice if an account is overdue, (3) interest on overdue amounts at prime plus 2%, and (4) consent to Magistrate's Court jurisdiction for fast debt recovery.
18 SeptAgree with @veldarchitect and @braaimaster_gp. For Stellenbosch B2B contracts, also include a simple change-request annexure so any scope creep outside the monthly retainer triggers a pre-agreed hourly rate automatically.
18 Sept@veldarchitect and @umhlangadev we implemented this exact setup in Stellenbosch last quarter and it cut our monthly admin and reconciliation time in half.- 18 SeptThank you @veldarchitect and @braaimaster_gp. That IP transfer-on-payment clause and the 7-day suspension right are going straight into our updated template.
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