Please contact YouTeam's Customer Success Manager assigned to your project with any questions.

IMPORTANT

The work can not commence until the contract is signed and the first invoice is paid via YouTeam. 

CONTRACT

The contract between your company and the selected specialists' employer agency are signed electronically via YouTeam.

Our standard service contract terms are time-proven and used by companies like Fortune 1000s and Y Combinator’s Top 100 startups. The terms get customised to reflect your particular project details before your review and approval.

You can negotiate the contract and payment terms directly with the specialists’ employer agency.

SECURE PAYMENTS

The funds are transferred from YouTeam to your contracted specialists' employer company after the end of each invoicing period you and the specialists' company have agreed upon + 5 business days that are given to you for written objections about the specialists' work to YouTeam.

PAYMENT ARRANGEMENT EXAMPLES

A. The standard payment scheme for Time&Material billing contracts is advance fortnightly or monthly payments. Example:

  • the contracted specialists' employer company invoices you every 2 weeks for the next 2 weeks in advance based on your planned number of hours the specialists will be working for during the next 2-week period (according to sprints basically),

  • the funds are only released to the specialists' employer agency after every 2-week period IF you are satisfied with the results of the collaboration during the period (you have 5 days for objections in written form after every fortnightly period),

  • if a situation occurs when you as a customer have paid for 80 hours/2 weeks and the specialist actually works for 70 hours/2weeks, the remaining hours will be deducted from the next invoice (you won't pay for 10 hours out of the next invoice) or refunded if there will be no next invoices.

B. The standard payment scheme for Monthly billing contracts is advance monthly payments. Example:

  • the contracted specialists' employer company invoices you every month for the next month in advance based on the monthly rate previously agreed between the parties

  • the funds are only released to the specialists' employer agency at the end of the servicing period IF you are satisfied with the results of the collaboration during the period (you have 5 days for objections in written form after every such period),

  • any vacations or days off of a developer shall be compensated by the specialists' employer agency and the corresponding hours will be deducted from the next invoices or refunded if there will be no next invoices,

  • Public Holidays in the specialists’ country shall turn into an official day-off and are not compensated by the specialists' employer agency and will not be deducted from the invoices.

PAYMENT OPTIONS 

Wire transfer, card, e-check payments and ACH payments (for customer and vendor companies that are registered in the US) are the supported payment options.

PAYMENT PROCESSING FEES

Payment processing fees for wire transfers would be up to 1.7% per invoice; for card payments - 3% per invoice; for ACH and e-checks - 0 fees.

CUSTOMER SUCCESS MANAGER

A Customer Success Manager will be assigned to the project by YouTeam to make sure you are happy with the collaboration process.

CONTRACTED SPECIALISTS' REPLACEMENT

If required, the selected specialists' employer company and YouTeam can replace your contracted specialist free of charge anytime during the collaboration, within 2 weeks after your request.

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