What is the difference between a proposal and a contract?
A proposal is a decision document that explains the work and investment. A contract is the more detailed agreement that records obligations, protections, conditions, and signatures.
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Paymarka contracts
Paymarka helps businesses create detailed service contracts from approved deal terms, including scope, responsibilities, payment terms, acceptance, conditions, and signatures.
The proposal explains and sells the work. The contract records the obligations, protections, and evidence needed after both sides agree.
Why it helps
Carry client, scope, value, payment structure, milestones, and timeline details forward from the deal.
Separate the commercial summary from the more detailed contractual obligations.
Capture signatures and consent evidence with the contract record.
Protect accepted contract terms from casual in-place editing after signing.
How it works
Review the approved proposal and deal information.
Add the detailed terms, responsibilities, conditions, and acceptance rules.
Confirm the workspace signature and send the contract for client review.
Keep the signed document, verification link, and audit history together.
Common questions
A proposal is a decision document that explains the work and investment. A contract is the more detailed agreement that records obligations, protections, conditions, and signatures.
No. Paymarka helps organize and record contract terms, but businesses should obtain independent legal advice for their jurisdiction and type of work.
Signed contract terms are protected from casual editing. A correction or new version should be created when the parties need to change an accepted agreement.
Start with the commercial basics and build the record as the work progresses.