Your Terms and Conditions of Trade documentation establish a clear legal relationship with your customers from the start, and will:
- Help protect you against loss of profit.
- Provide indemnity from potential liabilities.
- Enable charges to be imposed for late payment.
- Provide the advantage of reservation of title until goods are paid for (available in most circumstances where goods are sold).
- Give you the right to register goods and assets on the PPSR.
- Improve cash flow and reduce the cost of monitoring payments.
- Simplify the resolution of disputes and unpaid accounts.
- Assist with collecting unpaid accounts in a straightforward and effective manner.