Based on a statement in the last report, would a company take...

Based on a statement in the last report, would a company take these steps if contracts or agreements were not in place ?? Futuro and Tennant Group are collaborating on a plan to launch an integrated services platform that will include the following group services:

• Payroll software support and outsourcing
• Company secretarial services
• Accounting software support and accounting outsourcing
• Health and safety training
• Labor supply

typically, companies would not undertake such a significant effort to launch an integrated services platform without some level of contractual agreements or commitments in place.

if the platform is intended to provide services to external clients, it would make sense for the companies to have contracts or service level agreements (SLAs) in place with those clients before launching the platform. The contracts would define the terms and conditions of the services to be provided, the scope of work, and the pricing or payment terms. On the other hand, if the platform is intended to be used internally by the companies themselves, it's possible that contractual agreements may not be required, as the companies would have more control over the use and deployment of the platform. However, even in this case, it would still be advisable to have clear agreements in place between the companies outlining the terms and conditions of the partnership and the use of the platform.