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Fourth Purchase-to-Pay and Inventory

Fourth Purchase-to-Pay and Inventory contract and early termination fee

We use the same template for every inventory tool we compare, so you can put contracts side by side. Each line shows its source and the date we checked it. Being billed monthly isn't the same as committing month to month.

Same template for every vendor
Fourth also offers: Scheduling and time clock
Fourth Purchase-to-Pay and Inventory contract and early termination fee
TermDetail
Initial term36 monthsFourth (opens in a new tab) · Contract or terms · Three years unless your order states another term (General Terms and Conditions, section 6.1).
Automatic renewalRenews for 12 monthsFourth (opens in a new tab) · Contract or terms ·
Notice to avoid renewal90 daysFourth (opens in a new tab) · Contract or terms · Even when you give notice, you pay a full month for the month the service ends.
Early termination fee (ETF)If you end a subscription before the end of its term, without an uncured material breach by Fourth, you pay right away all remaining subscription fees for the rest of the term plus fees already accrued. Fees are non-cancelable and non-refundable, and quantities cannot be lowered during the term (sections 5.1 and 6.5).Fourth (opens in a new tab) · Contract or terms ·
How the ETF is calculated
100% of the remaining monthly software fees for each month left in the term.
Right to raise pricesFourth may raise subscription fees for every location in each year of the initial term and of each renewal; the general terms set no cap (section 5.3).Fourth (opens in a new tab) · Contract or terms ·
Trial periodUnconfirmedFourth (opens in a new tab) · Vendor website · We looked on its website and general terms; Fourth offers a demo, not a free trial or guarantee.

This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.

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