MSAs can be used in any industry where there are long-term relationships between clients and service providers. For example, an IT service provider can have a client sign an MSA to establish how they will pay the IT company for their time and services throughout the relationship.
A company can set a rate and payment schedule for their work in the MSA, and then list the actual price and time frame of individual projects and the expected deliverables in subsequent statements of work.
Many different types of companies may provide their clients with MSAs, including:
Define the length of the agreement and any renewal procedures.
Acrobat makes it easy to digitally manage contract paperwork, so client relations flow smoothly. Communications company PGi worked with Adobe to complete contracts in about 33 hours instead of several weeks, saving themselves time and money by going digital.
With digital agreements, you can work efficiently with clients from all over the world. And with a well-crafted MSA, you’ll know that your future agreements with your clients will be carefully mapped out.