This will be on the Milestone basis. As and when the milestone will be completed by ALS, invoices will be raised and accordingly client will pay the milestone payment.
Progress or concerns about the ongoing projects will be discussed between both the teams of ALS and Client on fortnightly or as agreed.
ALS is committed to be transparent to its client throughout its tenure.
Enabling both the parties to benefit from the upside of a big product win.
Allows the parties to securitize value and reduce risk.
Shared ownership.
Product ideas shared by both the parties.
Will help in expanding the Product portfolio of the companies involved.
Helps in reducing cost.
Offers win situation for both the companies.