Finalyzer

Financial Consolidation & Analytics Management Reporting Software

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TERMS OF SERVICE

Scope

FinAlyzer™ is owned and operated by BeyondSquare™ Solutions Private Limited. This Agreement is a legally binding contract between you (“Customer”) and BeyondSquare Solutions Private Limited (which will be referred as “FinAlyzer” for the rest of agreement). FinAlyzer provides the Service(s) (as defined below) to you subject to and conditioned upon your acceptance of this Agreement. By accessing and using the service in any way, you agree to be bound by all the terms of this agreement. Do not use the service if you do not agree to any of the terms. FinAlyzer reserves the right to change this Agreement at any time. All the changes to the Agreement will be effectively immediately after publication of the revised version at https://finalyzer.ai/termsofservice. We encourage you to review this Agreement periodically.

Definitions

Agreement This contract is between FinAlyzer and its Customers
Customer An individual or legal entity that pays to use the FinAlyzer Application
FinAlyzer Application The site of applications available at https://finalyzerapp.beyondsquare.com or any of its sub-domain
FinAlyzer Website https://finalyzer.ai/
Service(s) The features of FinAlyzer Application that a Customer can use during free trial or after sign-up
Purchase Order An order confirmation form that captures key terms & conditions of the Services that Customer purchases from FinAlyzer
Users Individual people or accounts that are designated and Authorized by Customer to access FinAlyzer Application
Customer Data All Contact Information and other permitted information submitted by Customer to, or collected by Customer via, the Service. Customer Data does not include Sensitive Information.
Term or Contract Term Total duration of contract for which FinAlyzer needs to provide Services to the Customer as per Purchase Order
Billing Cycle The frequency of Billing

FinAlyzer Services

A Customer may purchase the right to use some or all features of FinAlyzer Software as a Service (“Service”) available at https://finalyzerapp.beyondsquare.com or any other URL designated by FinAlyzer. Such purchase will be based on the pricing plans on http://finalyzer.ai . The Services will form one or more of following:
  • Usage of features of http://finalyzer.ai for the Term as per applicable pricing plan/purchase order
  • Training Services from FinAlyzer as per applicable pricing plan/purchase order
  • Consulting Services from FinAlyzer as per applicable pricing plan/purchase order
  • Customized Support Services as per applicable pricing plan/purchase order
The number of users, usage restrictions & limits, usage term and other Service related attributes will be captured in the as per applicable pricing plan/purchase order. The use of Services is governed by the terms of this Agreement. FinAlyzer may update the platform periodically that may change the functionality and behaviour of the Services. Nothing in this agreement prevents FinAlyzer from updating the platform unless such change materially impacts the Services committed to Customer for the term as per applicable pricing plan/purchase order. FinAlyzer may add additional features in the platform that may be offered to existing and new Customers at additional price. Purchasing Services once does not entitle Customers to get access to new features and services in FinAlyzer platform without additional payment. By entering into this Agreement you confirm that your purchase decision is not dependent on any oral or written public comments made by FinAlyzer regarding future functionality or features.

Services Availability and Usage – FinAlyzer Responsibilities

FinAlyzer will use commercially reasonable efforts to make Services available 24×7 except in case of planned Downtime (defined below) and Force Majeure (defined later in the agreement).

Planned Downtime

FinAlyzer may shut down the Services to perform planned maintenance of the platform or to upgrade the platform. To the extent possible and reasonable, we will schedule such downtime in non-business hours for majority of our Customers over weekend. We will provide at least 8 hours of notice for such downtime.

Services Availability and Usage – Customer Rights & Responsibilities

FinAlyzer grants a non-transferable, non-exclusive, worldwide right to permit Users authorized by Customer to access and use the Services subject to the terms of the Agreement.

Customer agrees that:

  • Customer will comply with this agreement in Service usage.
  • Customer will prevent unauthorized access to the Service and Customer Data.
  • Consulting Services from FinAlyzer as per applicable pricing plan/purchase order
  • Customer shall consume the Services only for its own internal business operations, and not for the operation of a service bureau or time-sharing service, or otherwise for the benefit of a third party. browser to access Services.
  • Customer will follow applicable laws of its own Country governing usage of the Services.

Service Usage Limitations

The use of Services may be limited by criteria specified as per applicable pricing plan/purchase order. Some examples of limitation are: number of users, number of entities, data usage and storage, number of reports, advanced features etc. Any overuse of Services, if technically permitted, will be reported and may lead to additional billing to or suspension of Customer Account or both after due intimation to Customer.

Service Usage Restrictions

Customer agrees that it shall not

  • make the Services available to anyone other than authorized Users
  • sell, resell, rent or lease the Services unless explicitly permitted in the applicable pricing plan/purchase order
  • use the Services to store or transmit infringing, libellous, or otherwise unlawful or tortious material, or to store or transmit material in violation of third-party privacy rights
  • use the Services to store or transmit Malicious Code, interfere with or disrupt the integrity or performance of the Services or third-party data contained therein, or browser to access Services.
  • Stress test, Load Test the FinAlyzer Application or knowingly or wilfully use the Services in any manner that could damage, disable, overburden, impair or otherwise interfere with our provision of the Services.
  • create derivate works based on the Services except as authorized herein
  • reverse engineer the Services or access the Services in order to (a) build a competitive product or service, or (b) copy any features, functions or graphics of the Services.
  • Customer explicitly agrees that it shall not send unsolicited emails or unsolicited messages. FinAlyzer reserves the right to suspend and/or terminate customer’s account if such unsolicited or SPAM activity is noticed.

Customer Data Protection

FinAlyzer will use Customer Data only in context of either provisioning the Services, providing the Services or Support to Customer. We will not modify Customer Data. The access to Customer Data will be governed by this Agreement, Purchase Order and our “Privacy Policy” located at  https://finalyzer.ai/privacypolicy. However, we may be compelled to disclose the data in accordance with law described in section “Compelled Disclosure”. FinAlyzer reserves the right to monitor Customers’ usage of the Services and use and share this Analysis as long as it does not identify Customer Data or Customer. FinAlyzer may use Customer’s Name, website address and Logo in its marketing material including website, email campaigns, brochures etc. during and after active engagement. If a Customer does not want FinAlyzer to include its name in marketing then it should make an explicit request to FinAlyzer by writing to info@beyondquare.com. FinAlyzer shall maintain appropriate administrative, physical, and technical safeguards for protection of the security, confidentiality and integrity of Customer Data. Customer agrees that FinAlyzer has right to process the Customer Data in any location of FinAlyzer, its affiliates, partners and service providers.

Fees and Payment for Services

Customer will pay service fee (“Fee”) for using the Services as per the subscribed plan or as described in Purchase Order. The paid Fee will be non-refundable and payment obligations are non-cancellable unless exceptions are provided in this Agreement or Purchase Order. The Fee is for purchases of Services (or subscription) and not for usage. For example, if a Customer purchases the Service for one year but uses only for 1 month, then the Fee paid is non-refundable.

Fee payable in advance

The Fee may be broken down in multiple payments over monthly, quarterly or yearly Billing Cycles. The Fee applicable to a Billing Cycle will be paid in the beginning of the Billing Cycle. The payment schedule will be described in applicable pricing plan/Purchase Order.

Overuse Fee

FinAlyzer reserves the right to monitor and audit usage of Services by Customer to determine use within permitted limits. Any overuse of the Services, even if permitted technically, whether notified to Customer or not will be billed to Customer in next Billing Cycle. FinAlyzer may notify Customer about overuse and advise it to move to a different tier. Any change to billing tier may lead to change in Payment obligations and payment schedule that will be captured by a revised Purchase Order.

Credit Period

All fee is payable in net 15 days. FinAlyzer will apply interest of lower of
a) 1.5% per month
b) maximum permissible under law in case of delay in Fee payment by Customer.

Fee Hike

The Fee will remain unchanged during the Term of the applicable pricing plan/Purchase Order. Any hike in Service Fee by FinAlyzer will be applicable to existing Customers only after expiry of current Term.

Taxes are extra

All quoted Fee and Prices on FinAlyzer website are exclusive of any applicable taxes. Customer agrees to pay any applicable taxes on the Services whether it has been mentioned in applicable pricing plan/Purchase Order or not.

Payment Modes

FinAlyzer supports all major electronic modes of payments. 

Payment Information

Customer agrees to provide accurate Credit Card, Debit card or Bank information as may be needed to process the payments. Customer also agrees to update FinAlyzer about change in any payment information that may impact processing of payment in current or subsequent billing cycles. Any failure of payment processing due to inaccurate information may lead to suspension or termination of Customer Account.

Term, Termination, Cancellation and Refund

Auto-renewal of paid plan Customers unless Customer provides termination notice
For paid plan customers, the Term of the Agreement will be as per the payment plan subscribed by the customer or as defined in Purchase Order. By entering into this Agreement Customer agrees to pay for the full Term of the Services. The Agreement cannot be cancelled by either party for convenience within the Term. Upon expiry of current term, the Agreement will automatically renew to next term whose duration and fee schedule will be same as current Term unless FinAlyzer provides a 30 day notice to Customer on change of fee, schedule or any other aspect of contract. Any party that does not want to renew the Agreement after expiry of current Term needs to provide a notice of 30 days to other party before the expiry.

Auto-termination of unused accounts under free plan
Any Customer account under Free plan, if inactive for 60 days or more, can be deactivated or fully terminated at the discretion of FinAlyzer. We will do our best to remind and notify Customers in advance about the termination.

Termination for cause
In case of any breach by FinAlyzer, the Customer shall serve a 30 day notice to FinAlyzer to rectify the breach. If FinAlyzer is unable to rectify it within 30 days from the date of notice, the Customer will have right to terminate the agreement with immediate effect. In this case the Customer will be entitled to get a refund of the fee for the unused term (unused term included the 30 day notice period). For example if a Customer signs up and pays for 1 year and serves the notice of breach after 7 months which results in termination after 30 days then Customer will get refund for 5 months.

FinAlyzer also reserves the right to terminate the Agreement with a 30 days’ notice if Customer breaches this agreement with a 30 day notice. No refund will be provided to Customer if FinAlyzer terminates the Agreement for Cause.

Return of Customer Data
Within 30 days of termination of the agreement for cause or convenience, the Customer can request FinAlyzer to provide a copy of reports stored in its account at FinAlyzer. FinAlyzer will make available such reports within 15 days of such request.

Notwithstanding any clause in this agreement, Customer’s obligation to pay for any due and unpaid invoices will remain intact. This includes termination for non-payment of dues occurring because of overuse of subscription limits.

Proprietary Rights / Ownership

FinAlyzer Rights
FinAlyzer owns or has rights to all intellectual property rights in and to the Services and Software (including all derivatives or improvements thereof). All suggestions, enhancements requests, feedback, recommendations or other input provided by Customer or any other party relating to the Services or Software shall be owned by FinAlyzer, and Customer hereby does and shall make all assignments and take all reasonable acts necessary to accomplish the foregoing ownership. Any rights not expressly granted herein are reserved by FinAlyzer.
Customer Rights
Customer owns any data, information or material originated by Customer that Customer submits or compiles in the course of using the Services. FinAlyzer has no ownership rights in or to Customer Data. Customer shall be solely responsible for the accuracy, quality, integrity, legality, reliability, appropriateness, and intellectual property ownership or right to Customer Data.

Non FinAlyzer Providers
No purchase of non-FinAlyzer products or services is required to use the Services except a supported computing device, operating system, web browser and Internet connection. You may however use a third party products supported by FinAlyzer or independent or use consulting services from a third party to derive additional benefits.

We are not responsible for service and support of non-FinAlyzer products even though they may be certified or recommended by us unless it is explicitly included in the applicable pricing plan/Purchase Order. We are not responsible for quality of service by a third party consulting or professional services firm.

In case of use of third party providers, the Customer data may be exposed to them. FinAlyzer is not responsible for protection for Customer data while it is being processed or used by third party.

Confidentiality

Definition of Confidential Information
As used herein, “Confidential Information” means all confidential information disclosed by a party (“Disclosing Party”) to the other party (“Receiving Party”), whether orally or in writing, that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Customer’s Confidential Information shall include Customer’s Data; FinAlyzer’s Confidential Information shall include the Services; and Confidential Information of each party shall include the terms and conditions of this Agreement and all Purchase Orders, as well as business and marketing plans, technology and technical information, product plans and designs, and business processes disclosed by such party. However, Confidential Information (other than Customer’s Data) shall not include any information that (i) is or becomes generally known to the public without breach of any obligation owed to the Disclosing Party, (ii) was known to the Receiving Party prior to its disclosure by the Disclosing Party without breach of any obligation owed to the Disclosing Party, (iii) is received from a third party without breach of any obligation owed to the Disclosing Party, or (iv) was independently developed by the Receiving Party.
Protection of Confidential Information
The Receiving Party shall use the same degree of care that it uses to protect the confidentiality of its own confidential information of like kind (but in no event less than reasonable care) (i) not to use any Confidential Information of the Disclosing Party for any purpose outside the scope of this Agreement, and (ii) except as otherwise authorized by the Disclosing Party in writing, to limit access to Confidential Information of the Disclosing Party to those of its and its Affiliates’ employees, contractors and agents who need such access for purposes consistent with this Agreement and who have signed confidentiality agreements with the Receiving Party containing protections no less stringent than those herein.
Warranties
Each party represents and warrants to the other party that it has the power and authority to enter into the Agreement. FinAlyzer warrants to Customer that it will use best efforts to (a) perform the Services substantially in accordance with its documentation under normal use and (b) provide the Services in a manner consistent with generally accepted industry standards. Customer must notify FinAlyzer of any warranty deficiencies within 30 days from performance of the relevant Services in order to receive warranty remedies. For breach of the express warranty set forth above, Customer’s exclusive remedy shall be the re-performance of the deficient Services. If FinAlyzer cannot re-perform such deficient Services as warranted, Customer shall be entitled to recover a pro-rata portion of the fees paid to FinAlyzer for such deficient Services, and such refund shall be FinAlyzer’s entire liability.
Disclaimer
EXCEPT AS EXPRESSLY PROVIDED HEREIN, NEITHER PARTY MAKES ANY WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, AND EACH PARTY SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW. EXCEPT WHERE EXPRESSLY PROVIDED OTHERWISE BY FINALYZER, THE SERVICES ARE PROVIDED TO CUSTOMER ON AN “AS IS” BASIS WITHOUT WARRANTY OR CONDITION OF ANY KIND. NO STATEMENT OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM FINALYZER IN ANY MEANS OR FASHION SHALL CREATE ANY WARRANTY NOT EXPRESSLY AND EXPLICITLY SET FORTH IN THIS AGREEMENT.
Mutual Indemnification
FinAlyzer shall defend, indemnify and hold Customer harmless against any loss, damage or costs (including reasonable attorneys’ fees) incurred in connection with claims, demands, suits, or proceedings (“Claims”) made or brought against Customer by a third party alleging that the use of the Services as contemplated hereunder infringes the intellectual property rights of a third party; provided, that Customer (a) promptly gives written notice of the Claim to FinAlyzer; (b) gives FinAlyzer sole control of the defense and settlement of the Claim (provided that FinAlyzer may not settle or defend any Claim unless it unconditionally releases Customer of all liability); and (c) provides to FinAlyzer, at FinAlyzer’s cost, all reasonable assistance. Customer shall defend, indemnify and hold FinAlyzer harmless against any loss, damage or costs (including reasonable attorneys’ fees) incurred in connection with Claims made or brought against FinAlyzer by a third party alleging that Customer Data, or Customer’s use of the Services in violation of the Agreement, infringes the intellectual property rights of, or has otherwise harmed, a third party or violates any law or regulation; provided, that FinAlyzer (a) promptly gives written notice of the Claim to Customer; (b) gives Customer sole control of the defense and settlement of the Claim (provided that Customer may not settle or defend any Claim unless it unconditionally releases FinAlyzer of all liability); and (c) provides to Customer, at Customer’s cost, all reasonable assistance.
Limitation of Liability
IN NO EVENT SHALL EITHER PARTY, ITS OFFICERS OR ANY OF ITS AFFILIATES, BE LIABLE FOR ANY SPECIAL, PUNITIVE, INDIRECT, CONSEQUENTIAL OR INCIDENTAL DAMAGES, INCLUDING, BUT NOT LIMITED TO, LOSS OF DATA, LOSS OF BUSINESS OR OTHER LOSS (INCLUDING SUBSTITUTION OF SERVICES) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY THIRD PARTY SERVICES DELIVERED IN CONNECTION HEREWITH EVEN IF PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND REGARDLESS OF WHETHER SUCH LIABILITY SOUNDS IN CONTRACT, NEGLIGENCE, TORT, STRICT LIABILITY OR ANY OTHER THEORY OF LEGAL LIABILITY; AND IN NO EVENT SHALL EITHER PARTY’S OR ITS AFFILIATES’ OR RESOURCES’ CUMULATIVE LIABILTY HEREUNDER (OTHER THAN FOR CLAIMS FOR PAYMENT OF FEES DUE) EXCEED THE LOWER OF AMOUNT PAID OR PAYABLE BY CUSTOMER TO FINALYZER IN THE SIX (6) MONTH PERIOD IMMEDIATELY PRECEDING ANY SUCH CLAIM OR INR 1,20,000 ( INR ONE LAKH TWENTY THOUSAND ONLY).
Force Majeure
Neither party shall be responsible for failure or delay of performance if caused by: an act of war, hostility, or sabotage; act of God; electrical, internet, or telecommunication outage that is not caused by the obligated party; government restrictions (including the denial or cancellation of any export or other license); or other event outside the reasonable control of the obligated party. Each party will use reasonable efforts to mitigate the effect of a force majeure event.
Compelled Disclosure
FinAlyzer reserves the right at all times to disclose any information as necessary to satisfy any applicable law, regulation, legal process or governmental request.
Data Retention
We will retain your information while providing Services to you. In the event of your cancelling your account with us, we guarantee to retain your data for your backup purposes only for one month from cancellation date after which we may delete and destroy it. However, we will retain any data for as long as required to comply with laws or enforce our rights.

General provisions

Contracting Entity
The Legal Entity behind FinAlyzer entering into this Agreement is: BeyondSquare Solutions Private Limited, #370, 4th Cross, JP Nagar, Phase-III, Bangalore-560 078. Karnataka, India

Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Karnataka, India. The parties agree that any litigation brought under or in connection with this Agreement will be brought in the courts of competent jurisdiction located in the Bangalore District of Karnataka. In any action or proceeding to enforce rights under the Agreement, the prevailing party will be entitled to recover costs and attorneys’ fees.
Actions Permitted
Except for actions for non-payment or breach of a party’s proprietary rights, no action, regardless of form, arising out of or relating to the Agreement may be brought by either party more than one year after the cause of action has occurred.
Severability
If any provision or provisions of this Agreement shall be held by a court of competent jurisdiction to be contrary to law, or for any reason invalid, unenforceable, void or voidable, such provision or provisions shall be deemed to be null and void and the remainder of this Agreement shall, to the extent practicable, remain in full force and effect. To the extent a provision of this Agreement is in invalid, unenforceable, void or voidable, the parties agree to negotiate in good faith to amend such to conform as nearly as possible, in accordance with applicable law, to the intended purpose and intent of the original provision.
Order of Precedence
In the event of any conflict between a Purchase Order and the terms of this Agreement, the term and conditions of the Purchase Order shall govern and control but solely with respect to the subject matter thereof.
Relationship of the Parties
No joint venture, partnership, employment, or agency relationship exists between FinAlyzer and Customer as a result of the Agreement or use of the Services.
Assignment
Customer may not assign this Agreement without prior written approval of FinAlyzer, such approval not to be unreasonably withheld or delayed, provided that such approval shall not be required in connection with a merger or acquisition of all or substantially all of the assets of the Customer. FinAlyzer may assign or transfer this Agreement to any successor.
No Waiver
The failure of either party to enforce any right or provision in the Agreement shall not constitute a waiver of such right or provision unless acknowledged and agreed to by such party in writing.

Notices

Any notice or other communication required or permitted under this Agreement shall be given in writing to the other party at their respective addresses set forth below via hand delivery, or certified mail return receipt requested, or by nationally recognized overnight delivery service. The parties by notice may designate another address or individual to which a required notice may be directed. Notices shall be effective upon receipt. Each notice sent or mailed in the manner described above shall be deemed provided for all purposes at such time as it is delivered to the addressee (with the return receipt or the delivery receipt being deemed conclusive, but not exclusive, evidence of such delivery) or at such time as delivery is refused by the addressee upon presentation.

If to Customer, to: Customer Name and Address as per Purchase Order

And if to FinAlyzer: Attn: Legal Department – FinAlyzer, BeyondSquare Solutions Private Limited, #370, 4th Cross, JP Nagar, Phase-III, Bangalore-560 078. Karnataka, India

Entire Agreement
This Agreement, including all exhibits and addenda hereto and all Purchase Orders, constitutes the entire agreement between the parties and supersedes all prior and contemporaneous agreements, proposals or representations, written or oral, concerning its subject matter. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and either signed or accepted electronically by the party against whom the modification, amendment or waiver is to be asserted. Notwithstanding any language to the contrary therein, no terms or conditions stated in your purchase order or other order documentation (excluding Order Forms) shall be incorporated into or form any part of this Agreement, and all such terms or conditions shall be null and void.
Survival
The following sections shall survive the expiration or termination of this Agreement: Fees and Payments for the Services, Proprietary Rights / Ownership, Confidentiality, Mutual Indemnification, Disclaimer, Limitations of Liability, Term, Termination, Cancelation and Refund, and General Provisions.
Contact Information You can contact us at info@beyondsquare.com