Getting paid
Payment terms, termination fees, and what to do when a client stops paying.
Blog How to Turn Your Quotes into Enforceable Contracts
You build a proposal. The client accepts. But instead of just listing tasks and pricing, your team adds in legal clauses, maybe a liability limit, or some security disclaimers. That’s a mistake. Orders are for defining what you’re doing, not for managing legal risk. What an Order Should Include Scope of services: What’s being delivered, [ ]
Blog What Happens If a Client Terminates Without Notice?
You onboard the client. The work starts. Then one day, without warning, they cancel. Or ghost. Or simply stop paying. Without clear contract terms, you’re left holding the bag after already delivering value. Early termination is one of the most common and costly risks for service providers. Here’s how to prevent it from becoming your [ ]
Blog How Monjur Pilot’s Collections Agents Automate Accounts Receivable and Legal Collections
Attorney-supervised AR automation that keeps cash flowing and compliance intact. Why Collections and AR Automation Are So Hard Every company has felt the friction of collections. Invoices age, payments fail, and account managers chase balances through endless email chains. Billing systems can detect overdue invoices. But they can’t manage how to follow up, or when communication [ ]
Blog How Monjur Pilot’s Renewals Agents Automate Contract Renewals and Revenue Retention
Managing renewals, ensuring compliance, and keeping customers protected. Why Renewals Are So Hard For subscription-based businesses, from SaaS to managed legal services, renewals are the lifeblood of recurring revenue. Yet most teams still track them with spreadsheets, reminders, or best guesses. The problem isn’t just administrative. Renewal terms are buried deep in contract language, often [ ]
Blog Navigating the Suspension of Services: A Look at Monjur’s MSA Provisions for MSP Owners
In the realm of Managed Services Provider (MSP) agreements, understanding the intricate landscape, particularly the rights and potential liabilities surrounding service suspension, is paramount. For MSP owners, ensuring the right to suspend services for non-payment without navigating legal landmines is essential for sustainable business operations. The Monjur’s Master Services Agreement (MSA) serves as a guidepost [ ]
Blog Restructuring MSP Contracts for Recurring Revenue
A Blueprint for Value Creation Over the years, Managed Service Providers (MSPs) have understood the critical role that recurring revenue plays in their enterprise value growth. Traditionally, hardware sales and projects offered short-term financial boosts but added little to long-term value. A shift in strategy has led to many MSPs adopting Hardware-as-a-Service (HaaS) models, which [ ]
Blog How to Recover Early Termination Fees For Managed Services
IT service providers that include early termination fees in their contracts must decide if they want to seek reimbursement when a customer terminates a contract early. MSPs find themselves asking: Is anything owed? Can I collect? What is the cost? Here are key points to consider when determining whether to enforce an early termination fee. [ ]
Blog Termination Clauses in IT Managed Services Contracts
Monthly recurring revenue and multi-year contracts have been the driving force behind managed services for years. They have been the basis for the tremendous growth in managed services over the years. The length of the term of a service agreement is very important as it specifies how long the customer is going to be committed [ ]