Terms of Service

1. Agreement to Terms and Parties

These Terms of Service constitute a legally enforceable contract between you (either individually or on behalf of your legal entity) and Finviva ("Finviva", "Company", "we", "us", or "our"), governing your access to and use of the Finviva application, APIs, and services.

By creating an account, accessing our web application, or integrating third-party accounts, you explicitly assent to these Terms. If you are accepting on behalf of an enterprise (such as a corporation, LLC, or partnership), you certify that you possess the full legal power to bind that organization.

2. Scope of Service & Disclaimers of Professional Advice

Finviva provides computational financial ledger management, multi-entity consolidation, invoicing, and bookkeeping software.

3. Algorithmic Data Extraction & Processing

The Platform utilizes optical character recognition algorithms and machine learning to parse documents, categorize expenditures, and calculate receivables aging.

• Independent Review Required: Algorithmic parsing operates on statistical inference and is subject to variances in document quality, compression, and formatting. You are obligated to examine and verify all financial ledger postings before finalizing statements.
• Data Privacy: Customer financial records and invoice records are processed via secured enterprise API configurations. Customer records are not licensed or utilized to train general public foundation models.

4. Billing Terms, Renewals, and Cancellation

Services are rendered on a recurring subscription basis:

• Free Trial: New workspaces receive fourteen (14) days of evaluation access. No credit card is required to evaluate core functions.
• Recurring Fees: Subscriptions automatically renew on a monthly or annual billing cycle corresponding to your active entity count and tier.
• Cancellation Policy: You may terminate recurring subscription renewal at any time via your administrative portal. Cancellations become effective at the termination of the active prepaid term. Fees are generally non-refundable except where required by law.

5. Ownership of Customer Data & Portability

You retain complete and exclusive ownership of all financial ledgers, client lists, transaction data, and invoice documents uploaded or generated within your workspace ("Customer Data").

Finviva asserts no proprietary claim over Customer Data. Standard data export mechanisms (including CSV and JSON formats) are accessible throughout the term of your active workspace to guarantee unhindered data mobility.

6. Disclaimer of Warranties (UCC Disclaimers)

To the fullest extent permitted by applicable law, the Service is provided "AS IS" and "AS AVAILABLE". Finviva disclaims all warranties, whether statutory, express, or implied, including the implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

7. Limitation of Liability

Under no circumstances shall Finviva, its officers, directors, employees, or agents be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of business revenue, commercial interruption, or regulatory penalties, arising out of the use or inability to use the Platform.

Finviva's total cumulative liability under this Agreement shall be limited to the total monetary consideration paid by you to Finviva during the twelve (12) month period immediately preceding the event giving rise to liability.

8. Governing Law and Arbitration Agreement

This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to conflict of law principles.

Any controversy, dispute, or claim arising out of or relating to this Agreement shall be resolved through final and binding individual arbitration administered by the American Arbitration Association (AAA) in accordance with its Commercial Arbitration Rules. You agree that any proceedings to resolve disputes will be conducted exclusively on an individual basis and not in a class, consolidated, or representative action.