Statement of Work
Cash Application

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This Statement of Work (“SOW”) is dated as of the Effective Date of the Order Form linked hereto (“SOW Effective Date”) and is entered into by and between Customer (“Customer”) and Vividly Inc. (“Vividly”).
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1. Services Overview

Cash Application: The Customer will leverage Vividly’s backup file retrieval from all retailer/wholesale portals, email threads, and other sources where files are stored to allow the Customer to apply incoming payments to outstanding invoices or accounts receivable.

2. Scope of Work

The following is included in scope during implementation of the Vividly platform:

2.1. INCLUDED IN SCOPE - HIGH LEVEL ATTRIBUTES - IMPLEMENTATION

  • 60-minute kick-off call, led by Vividly, to review the Cash Application Module

  • Customer to provide timely, auto-forwarding of e-mail and paper check receipts along with corresponding backup documentation to Vividly, when applicable

  • Full visibility granted of Vividly missing backup

  • Understanding of primary and secondary contacts for backup questions in times of need

  • Retroactive pull of 1 month of remits, when agreed upon between Customer and Vividly, see Exhibit B on the Vividly Order Form for further detail

  • Customer to walk through the current backup process for 1 distributor/retailer of their choosing. Vividly may request additional walk-throughs as needed

  • If the Customer's accounting system or ERP is integrated with Vividly via API, payments will be automatically uploaded to Vividly

    • In the absence of such integration, the Customer is responsible for manually uploading payments to Vividly


2.2. INCLUDED IN SCOPE - HIGH LEVEL ATTRIBUTES – GO LIVE

  • BRS

    • 2 business day turnaround time of downloading and uploading of deduction invoices and remits for supported check remits

    • 7 business day turnaround time of downloading and uploading of deduction invoices and remits for unsupported check remits

    • Customer responsible for attaching check remit to payment and performing Vividly’s deduction scanning technology to parse the data

      • At times, Vividly’s deduction scanning technology may not be available for the check remit. At this time, the Customer will e-mail support@govividly.com to assist, when needed


2.3. EXCLUDED FROM SCOPE – IMPLEMENTATION & GO LIVE

The following items are not included in scope under this SOW. If Customer desires any of the items listed here or in the Ala Carte Menu, a scoping discussion will be needed (See “Exhibit B” on the Vividly Order Form for Ala Carte Menu):

    • If the Customer is not subscribed to the appropriate tier, Vividly will not request missing deduction invoice backup on the Customer’s behalf

    • Vividly will not log into the Customer’s bank

    • Vividly will not reconcile Customer’s accounting system against Vividly

    • Vividly does not import open invoices that need to be paid nor does Vividly manually export 

    • Downloading and saving of terms discount deduction backup

    • The Customer is responsible for troubleshooting accounting system integration errors, when applicable

    • Deduction Backup Retrieval is not supported if not included in the Order Form

    • Vividly is unable to guarantee fulfillment of 100% backup source selection for deductions scanning and matching capability

      • While Vividly welcomes the growth of additional backup sources, Vividly’s Deductions Scanning Module does not contain backup sources for all distributors/retailers and at times, the backup directly from the distributor/retailer is illegible which prevents the scanner from fully functioning

    • Vividly is unable to guarantee fulfillment of 100% backup attachment rate

      • Backup attachment rates are extremely dependent on specific vendors and while the Vividly team will do their best to retrieve these, a 100% guarantee cannot be made

Any item not specifically listed in scope for this SOW

4. Customer Responsibilities

Throughout the project, Vividly team members will provide guidance and assistance to Customer in the following areas, but ownership for completion and staffing lies solely with Customer. Customer responsibilities include:

4.1. PROJECT MANAGEMENT

  • Provide Stakeholders or Subject Matter Experts from each team for the following areas:
    - Cash Application

4.2. CONTENT WORKSHOP

  • Customer is responsible for assisting Vividly with Customer-specific guides to portal navigation, when applicable

  • Customer is responsible for providing Vividly with updated passwords to portals, when applicable

4.3. TECHNICAL CONFIGURATION

  • Customer will provide details as directed within onboarding documents.

  • Customer will be responsible for maintaining once onboarding has been completed

4.4. TRAINING

  • Ensure users participate in onboarding and recurring meetings, when applicable

5.  Assumptions

  • Implementation takes 4-8 weeks to complete for Cash Application

  • All implementation meetings, checkpoints, and training sessions will be conducted remotely

  • Hours will be tracked in 30-minute increments and will be tracked by each resource for documentation purposes when applicable

  • Vividly works 8AM-5PM PST excluding U.S. holidays

  • Vividly is not responsible for any fees that the Customer may incur to activate a customer portal login

6. Travel

No travel is included as a part of this SOW. Should travel be required and mutually agreed upon by both parties, a change order per “Exhibit A” on the Vividly Order Form will be required.

7. Estimated Project Timeline

See below for an estimated project timeline. Project full details and timing will vary based on the return of information from Customer. A Customer-specific project plan and timeline will be finalized with the Services Consultant during project kickoff.

DESCRIPTION
ESTIMATED COMPLETION DATE
Project kickoff
Within one week of signature
Onboarding configuration complete & go live commences
As outlined in Order Form - Go Live Date

8. Project Roles and Responsibilities

The project will require the coordination of several resources across the organization. The following is a typical outline from the Customer team.

Customer Team:

RESOURCE
DUTIES
IT Admin
Responsible for e-mail access as well as the integration between AR inbox and Vividly
Accounts Receivable (AR) Manager 
Oversight of the entire project. Owns the timelines, alignment of stakeholders, and enablement of the Customer team

Vividly Team:

Vividly will provide the resources listed below to assist with delivering the items listed under Section 2. The resources will provide Services to the Customer. 

RESOURCE
DUTIES
Accounting Services Manager
Oversees implementation & execution, leads initial kickoff, weekly meetings (when applicable). Provides consulting on best practices, change management, and guidance for overall success for go-live. Provides office-hours post launch if needed.
Head of Services
Oversees data entry turnaround times

9. Key Contacts and Pricing

9.1. KEY CONTACTS

VIVIDLY
 
Vividly Support
support@govividly.com
CUSTOMER
 
Name as outlined in the Order or MSA
Contact as outlined in the Order or MSA


9.2. FEE PRICING

The Services described in this SOW will be provided on a fee basis. The total fee for all Services hereunder is listed in the accompanying Order. 

The term of this SOW commences on the SOW Effective Date and will continue as outlined in the accompanying Order Form, Section 1, Terms.

10. Modifications

Vividly reserves the right to revise and update this Statement of Work (SOW) at our sole discretion. Any changes will become effective immediately upon posting and will apply to all subsequent access to and use of the Website, referred to as Vividly. By continuing to use the Website after such revisions are posted, the Customer acknowledges and agrees to the updated terms. The Customer is responsible for reviewing this page each time accessing the Website in order to stay informed of any changes, as those changes will be binding upon you, the Customer.

11. Customer Authorization

This SOW and any Change Orders may be executed in counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same instrument. The parties will be bound by signatures on any Change Orders to this SOW, which are transmitted by mail, and/or email to the other party or, if applicable, counsel of record for the other party. Such signatures will have the same binding effect as any original signature.

Customer Contact Information
As outlined in the Order or MSA
Company Contact Information
Vividly Inc.
16949 N Eldridge Pkwy Ste 770 PMB 500
Tomball, TX 77377

12. Ownership

12.1     Subject to Section 12.2, Customer will own exclusively all right, title and interest in and to all deliverables listed herein, whether completed or works-in-progress (“Deliverables”).  All Deliverables, in whole and in part, will be deemed “works made for hire” of Customer for all purposes of copyright law, and the copyright will belong solely to Customer.  To the extent that any such Deliverables do not fall within the specifically enumerated works that constitute “works made for hire” under the United States copyright laws, and/or to the extent that Deliverables include materials subject to copyright, patent, trade secret or other proprietary right protection anywhere in the world, Vividly hereby irrevocably assigns and will assign to Customer all right, title and interest that Vividly may have or be deemed to have in and to any and all Deliverables and all intellectual property rights therein.  

12.2     Notwithstanding Section 12.1 above, Deliverables that are owned by Customer expressly exclude: (i) Vividly’s pre-existing software, inventions, copyrights, patents, trade secrets, trademarks and other proprietary rights, including ideas, concepts and know-how of Vividly that existed before the commencement of the Professional Services and that are included in the Deliverables or that are developed outside the scope of Professional Services provided to Customer and independently of the parties’ relationship (collectively, the “Vividly Materials”); and/or (ii) any third party materials that are separately identified (“Third-Party Materials”). Vividly hereby grants to Customer a non-exclusive, worldwide, perpetual (without regard to any termination or expiration of this SOW), irrevocable, fully paid, royalty-free, sublicensable license to use the Vividly Materials and any Third-Party Materials to the extent they are included in, and as necessary to use and exploit, the Deliverables.

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