Terms & Conditions
FinREV Plus Ltd – Terms and Conditions
1. Introduction
These Terms and Conditions (“Terms”) govern your use of FinRev Plus Ltd (FinRev+) AI Consultancy’s website (www.finrevplus.com), services, and deliverables, as well as FinRev Plus Ltd (FinRev+) AI Ventures Lab website (www.finrev.co.uk), services, and deliverables. By using the Services, you agree to be bound by these Terms.
1A. Interpretation and Definitions
As used in these Terms and Conditions:
• “FinRev+”, “we”, “us”, “our” means FinRev Plus Ltd, the service provider.
• “Client”, “you”, “your”, “yours”, “Clients” means the applicable contracting party engaging FinRev+ for services.
• “Services” or “the Services” means the AI consultancy, audits, automation strategy, development projects, integrations, or other services provided by FinRev+ as described in Section 2 of these Terms.
• “Third-party services” means all services, software, tools, platforms, or resources provided by our partners, agents, suppliers, affiliates, subcontractors, or digital platforms that may be integrated with or used in connection with the Services.
• “Terms” means these Terms and Conditions, as amended from time to time.
• Headings are for convenience only and shall not affect interpretation.
• Words in the singular include the plural and vice versa.
2. Services Provided
FinRev+ provides AI consultancy, AI audits, automation strategy and implementation-related advisory services, development projects, autonomous agent/systems development, business system integrations, and AI system integrations. All services are subject to a signed agreement between FinRev+ and the Client, in addition to these Terms.
3. Changes to Terms
We may revise these Terms at any time by updating this page. Continued use of the Services after changes means acceptance of the revised Terms.
4. Clients Responsibilities
4.1 You confirm that you are receiving the Services for the purposes of carrying on a business activity and not for any personal, household or family purpose. You must be the older of: (i) 18 years old, or (ii) at least the age of majority in the jurisdiction where you reside and from which you use the Services.
4.2 The person signing up for the Services will be the contracting party (“Client”) for our Terms and Conditions and will be the person who is authorised to use any corresponding services we may provide to the Client in connection with our or Third-Party Services. You are responsible for ensuring that the name of the Client (the legal name of the company) is clearly visible on the contract.
4.3 You agree to:
• Provide accurate, complete, and timely information necessary for service delivery.
• Maintain confidentiality of any login credentials or shared access details.
• Use services only for lawful and authorised business purposes.
4.4 You are responsible for keeping your password secure. FinRev+ shall not be liable for any loss or damage from your failure to maintain the security of your accounts and password held with third-party providers. We may request additional security measures from third-party providers at any time. We reserve the right to adjust these requirements at our discretion.
4.5 You agree not to reproduce, duplicate, copy, sell, resell or exploit any portion of the Services, use of the Services, or access to the Services without the express written permission of FinRev+.
4.6 You agree not to use the Services or any Third-Party Services for any unlawful or prohibited activities (including, without limitation, activities related to cybercrime, fraud, or unauthorised access to systems). Any such unlawful use shall constitute a material breach of these Terms and may result in the immediate suspension or termination of the Services and/or Third-Party Services, as well as reporting of the activity to the appropriate the appropriate law enforcement authorities.
5. Privacy Policy
5.1 Our Privacy Policy governs how we handle personal data. By engaging with us, you also agree to the Privacy Policy.
5.2 Client Personal Data shall at all times remain the property of the Client.
5.3 To the extent that FinRev+ processes Client Personal Data in connection with the Services, FinRev+ shall:
(a) act only on the Client’s documented instructions;
(b) implement appropriate technical and organisational measures to safeguard such data; and
(c) comply with its obligations under the UK GDPR, EU GDPR (where applicable), and the Data Protection Act 2018.
5.4 Unless expressly agreed in writing, FinRev+ shall not use Client Personal Data for the purpose of training or enhancing AI models or systems.
5.5 Where required by law, the parties shall enter into a separate Data Processing Agreement (“DPA”) to govern the processing of personal data.
6. Intellectual Property
6.1 All content, code, designs, methodologies, frameworks, and intellectual property developed by FinRev+ remain our property unless explicitly transferred by contract.
6.2 You may not copy, modify, distribute, or create derivative works without prior written consent.
6.3 Clients retain ownership of their own data and materials.
6.4 You and prospects agree that you may not use any trademarks, logos, or service marks of FinRev+, whether registered or unregistered, including but not limited to the word mark FINREV, the word mark FRP, the word mark FR+, and “WIN Framework” unless you are authorised to do so by FinRev+ in writing. You agree not to use or adopt any marks that may be considered confusing with the FinRev+ Trademarks. You agree that any variations or misspellings of the FinRev+ would be considered confusing with the FinRev+ Trademarks.
6.5 You agree not to purchase, register, or use search engine or other pay-per-click keywords (such as Google Ads), trademarks, email addresses, social media names, or domain names (including without limitation top-level domains, sub-domains, and page URLs) that use or include FinRev+ or FinRev Plus brand or that use or include any terms that may be confusing with the FinRev+ brand.
6.6 You acknowledge and agree that the Terms and Conditions do not give you any right to implement FinRev+ patents.
7. Third-Party Services
7.We may integrate or recommend third-party platforms (e.g., cloud, accounting, or automation tools and/or apps platforms).
7.1 We do not control or endorse these third parties and are not responsible for their practices or terms.
7.2 FinRev+ is not responsible for third-party content, data processing, or security.
7.3 Your use of the Third-Party Services is at your sole risk.
7.4 You are responsible for keeping your password secure and maintaining the confidentiality of any login credentials or shared access details.
7.5 You agree to use services only for lawful business purposes.
8. AI Output Disclaimer
8.1 All AI-generated outputs are based on statistical models and input data.
8.2 While we aim for accuracy, outputs should be independently reviewed, and FinRev+ is not liable for decisions made solely based on AI outputs.
8.3 Clients’ use of AI outputs provided by the Services or associated with Third-Party Services for business decisions and reasoning is at Clients sole risk.
8.4 The Client is solely responsible for conducting User Acceptance Testing (UAT) and confirming whether outputs generated by AI or automated systems are satisfactory for their intended business use.
8.5 Where outputs relate to specialist fields (including but not limited to law, accounting, tax, medicine, engineering, or compliance), the Client must ensure that such outputs are reviewed and verified by a suitably qualified professional in the relevant discipline to satisfy their duty of care.
8.6 FinRev+ shall only engage or procure the services of qualified third-party professionals to review or certify outputs if the Client expressly instructs us to do so in writing, and only upon the Client’s prior acceptance of the additional costs and fees associated with such services.
8.7 The Client acknowledges that FinRev+’s obligation is to deliver the agreed outputs as described in the relevant contract or statement of work, not to guarantee that such outputs will meet any subjective standard of satisfaction. Accordingly, payment for the Services shall be due upon delivery of outputs, whether or not the Client deems such outputs satisfactory, in line with Clause 9.3 of these Terms.
8.8 FinRev+ may utilise third-party generative artificial intelligence tools (“GenAI Tools”) in the performance of the Services. The Client authorises such use and acknowledges that:
(a) outputs generated by GenAI Tools (“GenAI Outputs”) are provided “as-is”, may be probabilistic in nature, and may not constitute the final deliverables;
(b) FinRev+ will not use Client Data to train or retain data in GenAI Tools, unless expressly instructed to do so in writing by the Client;
(c) intellectual property rights in GenAI Outputs shall vest in the Client unless otherwise stated in the contract, to the extent permitted by law and provided such outputs do not contain FinRev+’s Confidential Information, but the Client accepts that such outputs may not be exclusive; and
(d) GenAI Outputs are subject to the disclaimers and limitations of liability set out in Section 8 and Section 9 of these Terms.
9. Limitation of Liability and Disclaimer
9.1. To the fullest extent permitted by Scots law, FinRev Plus Ltd (“FinRev+”) nor its directors, employees, partners, agents, suppliers, or affiliates, shall not be liable to the Client for any indirect, incidental, special, consequential, punitive or exemplary damages, including (without limitation) loss of profits, revenue, goodwill, business opportunities, anticipated savings, or data, whether arising in contract, delict (tort), negligence, breach of statutory duty, or otherwise.
9.2. Nothing in these Terms shall limit or exclude liability for:
• death or personal injury caused by negligence;
• fraud or fraudulent misrepresentation;
• any liability which cannot lawfully be excluded or limited under Scots law.
9.3. The Client acknowledges that the services are provided without warranties of any kind, on a B2B basis, “as is” and “as available,” and that results from AI or automated systems are probabilistic in nature and should not be relied upon as a substitute for professional judgment. The Client’s use of the Services and/or AI outputs provided by us is at the Clients’ sole risk.
9.4 FinRev+ does not warrant that ours or Third-Party Services will be uninterrupted, timely, secure, or error-free.
9.5 FinRev+ does not warrant that the results that may be obtained from the use of our or Third-Party Services will be accurate or reliable.
9.6 FinRev+ is not responsible for any of our Clients’ tax obligations or liabilities related to the use of our or Third-Party Services.
9.7 FinRev+ does not warrant that the quality of any products, services, information, or other materials purchased or obtained by our Clients through our or Third-Party Services will meet the Clients’ expectations, or that any errors will be corrected.
9.8 FinRev+’s total aggregate liability for direct losses only, and only to the extent such losses are finally determined by a court of competent jurisdiction or agreed in settlement with FinRev+’s prior written consent, shall not exceed:
(a) for Services of less than 12 months’ duration — 50% of the total fees actually paid by the Client under the relevant contract; and
(b) for Services of more than 12 months’ duration — the total fees paid by the Client in the 12 months immediately preceding the event giving rise to the claim.
10. Termination
10.1 We reserve the right to suspend or terminate services if:
• The Client breaches these Terms.
• Payment obligations are not met.
• The Client engages in unlawful or unethical activity.
10.2 Termination does not affect any accrued rights or obligations.
10.3 The Client shall indemnify, defend, and hold harmless FinRev+, its directors, officers, employees, agents, and subcontractors against all claims, demands, proceedings, losses, damages, costs, and expenses (including reasonable legal fees) arising out of or in connection with:
• (a) the Client’s breach of these Terms or any service agreement;
• (b) the Client’s violation of applicable law or regulation;
• (c) any claim made by a third party arising from the Client’s use of the Services, including disputes with the Client’s own customers, suppliers, or regulators.
10.4 The Client will also be responsible for any breach of these Terms by its affiliates, employees, agents, or subcontractors, and will be treated as if it were the Client’s own breach.
10.5 The Client may terminate the Services at any time by providing written notice to FinRev+. In such cases, the Client shall remain liable to pay all fees, charges, and costs accrued up to the effective date of termination, including any project costs, expenses, or third-party charges already incurred by FinRev+ in connection with the Services. Termination shall take effect automatically upon full settlement of all outstanding amounts due to FinRev+.
10.6 Where the Client has access to Third-Party Services through login credentials or direct subscription, the Client is solely responsible for managing and terminating such accounts. If the Client wishes to cancel any Third-Party Services, the Client must give notice directly to the relevant third-party provider in accordance with their terms. The Client acknowledges that such providers may impose cancellation fees or other charges. FinRev+ shall have no obligation to close or manage any Third-Party accounts on the Client’s behalf (including for GDPR purposes) and shall not accept any financial responsibility for cancellation fees, late charges, or any other costs or liabilities arising from the Client’s relationship with the Third-Party provider.
11. Force Majeure
Neither party shall be liable for any failure or delay in performing its obligations under these Terms (other than payment obligations) if such failure or delay results from events, circumstances, or causes beyond its reasonable control. Such events include, without limitation, acts of God, flood, fire, earthquake, pandemic, war, armed conflict, terrorism, civil unrest, sanctions, changes of government, restrictions or embargoes, strikes or industrial disputes, failure of utilities or telecommunications, or the actions or omissions of third parties. The affected party shall notify the other as soon as reasonably practicable and shall use reasonable efforts to mitigate the impact.
12. Payment Terms
12.1 All invoices issued by FinRev+ are payable within the payment terms stated on the invoice.
12.2 If the Client fails to make payment by the due date, FinRev+ reserves the right to charge interest at a rate of 10% per annum on the overdue amount, calculated daily, together with reasonable debt recovery costs.
12.3 The Client shall not be entitled to withhold, offset, or delay payment of any amounts properly due under these Terms or any related agreement.
12.4 All fees paid to FinRev+ are non-refundable. The Client acknowledges that fees are charged for the delivery of Services and outputs, not for the achievement of any particular outcome. Refunds will only be considered if FinRev+ fails to deliver the Services expressly agreed in the relevant contract or statement of work. Any refund claim must be submitted in writing within 14 days of the alleged failure. No refunds will be issued for dissatisfaction with AI outputs, as the Client accepts responsibility for conducting reviews and validations in accordance with Section 8 of these Terms.
13. Confidentiality
13.1 Each party shall treat as confidential all information received from the other party marked as confidential or reasonably understood to be confidential in nature.
13.2 The parties acknowledge that any additional or project-specific confidentiality obligations shall be governed by a separate confidentiality agreement executed between the parties.
14. Entire Agreement
14.1 These Terms, together with any signed service agreement, constitute the entire agreement between the parties and supersede all prior discussions, negotiations, or understandings relating to the Services.
14.2 No variation or addition to these Terms shall be binding unless agreed in writing and signed by an authorised representative of FinRev+.
14.3 No contracts may be concluded on behalf of FinRev Plus Ltd by means of e-mail communication.
15. Severability
If any provision of these Terms is found by a court or tribunal of competent jurisdiction to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect.
16. Subcontractor Liability
16.1 FinRev+ may, at its discretion, engage subcontractors, affiliates, or independent consultants (“Subcontractors”) to assist in the provision of the Services.
16.2 Subcontractors engaged by FinRev+ are independent entities and are not agents, employees, or partners of FinRev+. FinRev+ shall not be liable for the acts or omissions of any Subcontractor. The Client acknowledges that any claims, losses, or disputes relating to a Subcontractor’s performance must be pursued directly against the Subcontractor.
16.3 FinRev+ will use reasonable care in selecting Subcontractors, but the Client accepts that Subcontractors are solely responsible for their own work, actions, and compliance with applicable laws.
17. Non-Solicitation
The Client agrees not to solicit, employ, or otherwise engage any employee, consultant, or contractor of FinRev+ who was involved in the provision of the Services, during the term of the Services and for a period of 12 months after completion, without FinRev+’s prior written consent.
18. Governing Language
These Terms are drafted in plain English. In the event of any translation, the English-language version shall prevail.
19. Governing Law
These Terms shall be governed by and construed under Scots Law. Disputes shall be subject to the exclusive jurisdiction of the courts of Scotland.
20. Contact Us
FinRev Plus Ltd
Glasgow, Scotland, United Kingdom
Email: admin@finrevplus.com