GetTrusted Escrow Plus
The First Escrow Service with Processes & Coding Quality Checks
START A PROJECTWhat does GetTrusted offer with it’s Escrow Plus Service?
GetTrusted offers an additional escrow agreement called GetTrusted Escrow Plus, which ensures that payment will be held in escrow until the agreed-upon milestones or weekly goals are met. This provides a secure and seamless process for clients looking to find the right IT outsourcing company or agency for their needs. With GetTrusted Escrow Plus, payment is held in escrow until the agreed-upon milestones or weekly goals are met, providing a secure and seamless process for clients looking to find the right IT outsourcing company or agency for their needs. GetTrusted also provides ongoing assistance and supervision during the entire project launch, delivery, and completion process when clients choose the GetTrusted Escrow Plus option.
The main thing we bring with this service (and difference from other platforms) are quality checks for measurable things, such as coding and development processes.
What’s Covered with Escrow Plus
How getTrusted Escrow Works
1
QUOTE REQUEST
When we receive a quote request from you, we first learn the details of the project and then establish a video call with you if needed. If we have enough details for a rough estimate, we’ll start the project estimation process immediately.
2
QUOTES AND VENDOR SELECTION
You will receive quotes from the top 3 IT companies in your project niche. Then, you will have direct communication with the preferred vendor(s), and our team will supervise and assist you. GetTrusted will support you throughout all the steps. In case you need a technical specification for your project, our team will prepare it for you. Preparing a technical specification is a paid service.
3
ESTABLISHING A CONTRACT, ESCROW FUNDING,
AND PROJECT START
Once the technical specification is prepared and terms are agreed upon, all parties sign a Service & Escrow Agreement on GetTrusted, and the project can begin.
4
PROJECT EXECUTION
After Escrow funding, the Vendor will start the project. We will control the execution and code, and ensure the quality of the project’s processes.
5
DELIVERY
Based on Contract Terms (Hourly, Fixed Price), we will release Escrow funds to the Vendor when quality and contract conditions are met.
GetTrusted Avantages
HIGHLY FOCUSED
We know that quality goes along with high-focus. On the marketplace you can find limited number of categories, and each category has only focused vendors. For example, when you need Shopify Theme development – we will bring you a qoutes from Shopify Themes development companies, not from “General Shopify Services” or “Web Development” companies
What clients say about our
Escrow Services
Frequently Asked Questions
Is there any commission for using GetTrusted Escrow Plus?
There is no commission for clients when paying escrow funds to our accounts via bank transfer. The only commission is a payment processing fee if you pay using cards.
When is software escrow services necessary?
Our service, GetTrusted Escrow Plus, can be helpful when a company is working with an IT vendor to develop custom software, websites, and so on. The GetTrusted Escrow Plus agreement is put in place to ensure that the quality of project execution processes is high enough. We release escrow funds to the vendor only if the quality of project delivery meets our high-quality standards for each category. Basically, our own tech team will check the quality of processes and internals of the project to supervise and perform quality checks for you.
What are the types of software escrow?
We offer two types of escrow, based on project type: fixed price and hourly escrow. In the first case, we release money to the vendor based on milestone completion. In the second case, with hourly, we release funds weekly based on progress and quality checks.
