Verzo Terms of Use

Last updated: Jan 1, 2024

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Terms of Use

  • 1. Introduction

    These terms and conditions of use and service (“Terms”) contained herein on this webpage is a legal agreement between you (“you”, “User”) and Verzo Technologies Limited (“Verzo” “we”, “our” or “us”). These Terms shall govern your access to and use of our services which include the use of our platform, web https://www.verzo.app/, and mobile app (“Platforms”). Note that these Terms apply to you whether you are only visiting the website or have registered to be a user of the Services.

    These Terms apply in full force and effect to your use of the Services and by using any of the Services, you expressly accept all terms and conditions contained herein in full and without limitation or qualification, including our Data Protection and Privacy Policy. We oblige you therefore to thoroughly read these Terms carefully before agreeing to be bound by them. You must not use any of the Services if you have any objection to any of these Terms.

  • 2. Eligibility

    By signing on to use our Services, you are warranting that you are not a person barred from receiving services under the laws of the applicable jurisdiction. You also undertake and agree to provide us with information that is accurate, and not to misrepresent your identity or your user information. You are only entitled to access and use the Services for lawful purposes.

  • 3. Age Restriction

    Our Services are directed to people from the ages of 18 and above. You are only permitted to use the Services if you are (a) aged 18 or older; and (b) you have not previously been suspended or removed from the Services. We do not knowingly engage people younger than the age of 18. If as a parent or guardian, you become aware that your child or ward child has provided us with any information without your consent, please contact us through the details provided in these Terms. If you are an entity, organisation, or company, the individual accepting these Terms on your behalf represents and warrants that they have the authority to bind you to these Terms and you agree to be bound by these Terms.

  • 4. Provision And Services

    A. The Service
    Verzo is a bookkeeping/accounting software designed to assist you with customer, product, and service management, invoice creation, purchase order management, and expense tracking on a single application or platform.

    We provide value to our Users via the following approach:
    a. Customer Management: With our Platform, Users are able to manage customer information, track interactions, and maintain detailed customer records for improved relationship management.

    b. Product and Service Management: Our Platform allows you to easily organise and manage your products and services, including descriptions, pricing, and inventory levels, to streamline your operations.

    c. Invoice Creation: You are able to create, send, and track professional invoices effortlessly. Customize invoices with your branding and keep track of payments and outstanding balances.

    d. Purchase Orders Management: Generate and manage purchase orders, track supplier information, and monitor order statuses to ensure timely and accurate procurement processes.

    e. Expense Tracking: With our Artificial intelligence (AI) Categorization feature, Users can track and categorize business expenses to maintain a clear and organised record of their financial outflows. Easily generate reports to analyse spending and manage budgets.

    B. Access to the Services
    In order to access and use the Services, you will need to use our Verzo web or download the Verzo Software and/or App (on the App Store or Google Play) where you will register and input the required details and create an account with us. The Verzo Software will also require access to certain features of your smartphone/device and the information that will be stored on its database. To use our services, you must grant Verzo Software voluntary access to these features.

    As part of registration, you may be required to undertake a verification process to verify your phone number and set up the account.

    We shall have the right to display the information, feedback, ratings, reviews etc. provided by you on the Platform. You agree and accept that as of the date of your registration on the Platform, the information provided by you is complete, accurate and up-to-date. In the event of any change to such information, you shall be required to promptly inform us of the same, in writing, at least 7 (seven) days prior to the date on which such change shall take effect. You acknowledge and accept that we have not independently verified the information provided by you. We shall in no way be responsible or liable for the accuracy or completeness of any information provided by you. If you provide any information that is untrue, inaccurate, not current or incomplete, or we have reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, we reserve the right to suspend or terminate your Account (defined below) and refuse any and all current or future use of the Platform (or any portion thereof) at any time.

    We may launch, change, upgrade, impose conditions to, suspend, or stop any Services (or any features within the Services) to you or subject to other conditions that we may impose in our discretion, without prior notice except that in case of a fee-based Service, such changes will not substantially adversely affect the paying Users in enjoying that Service.

  • 5. License To Use Our Platforms

    We grant you a non-assignable, non-exclusive and revocable license to use our Web, Mobile App and any of our platforms in the manner permitted by these Terms. This license grant includes all updates, upgrades, new versions and replacement platforms for you to use in connection with our Services. The Services are protected by copyright, trademark, and other laws of both Nigeria and foreign countries. For emphasis, nothing in these Terms gives you a right to use our name or any of our trademarks, logos, domain names, and other distinctive brand features. All rights, title and interest in and to the Services are and will remain our and/or licensors’ exclusive property. You also agree not to alter, re-design, reproduce, adapt, display, distribute, translate, disassemble, reverse engineer, or otherwise attempt to create any source code that is derived from our Platform.

  • 6. Paid Subscription

    Although our Web and Mobile App are free, when you choose to take advantage of our paid subscription services, payment of the amount shown to you at the time of subscription will be charged to your account when the subscription begins. Payments are nonrefundable and there are no refunds or credits for partially used subscription periods.

  • 7. Third Party And Linked Websites

    Our Platform may also contain links to third-party websites or resources. You acknowledge and agree that Verzo is not responsible or liable for: (i) the availability or accuracy of such websites or resources; or (ii) the content, products, or services on or available from such websites or resources. Links to such websites or resources do not imply any endorsement by Verzo of such websites or resources or the content, products, or services available from such websites or resources. You acknowledge sole responsibility for and assume all risk arising from your use of any such websites or resources or the content, products or services on or available from such websites or resources. Please be sure to review the terms of use and privacy policy of any third-party services before you share any user content or information with such third-party services. Once sharing occurs, Verzo will have no control over the information that has been shared.

  • 8. Personal Security

    You also agree to maintain the security of your details and account and promptly notify us if you discover or suspect that someone has accessed your account without your authorisation. Your username and password are personal to you and may not be shared with any third parties. You are responsible for all activities that occur regarding your details or otherwise under your account.

  • 9. Feedback

    We respect and appreciate the thoughts and comments from our Users If you choose to provide input and suggestions regarding existing functionalities, problems with or proposed modifications or improvements to the Service (“Feedback”), then you hereby grant Verzo an unrestricted, perpetual, irrevocable, non-exclusive, fully-paid, royalty-free right and license to exploit the Feedback in any manner and for any purpose, including to improve the Service and create other products and services. We will have no obligation to provide you with attribution for any Feedback you provide to us.

  • 10. Intellectual Property

    Unless otherwise stated, we own the intellectual property rights and materials on our Site and all our Platforms. All text, formatting including without limitation the arrangement of materials on our website and platforms and the graphics, animation, tools, commercials, music, video, articles, sound, copy, trade names, logos and other materials and information on the website and platforms are subject to our intellectual property rights. We do not grant you any right, license, title or interest to any of our intellectual property rights that you may or may not have access to.
    This content may not be copied, reverse-engineered, decompiled, disassembled, modified or reposted to other websites. Nothing on our platforms should be construed as granting by implication or otherwise, any license or right to use any trademark displayed on our website or platforms without our written permission or that of such third party that may own the trademark. You agree to take such actions including executing all documents that may be needed to further affirm our intellectual property rights.

  • 11. Warranty Disclaimer

    We TRY TO KEEP OUR WEBSITE AND SERVICES AVAILABLE AT ALL TIMES, BUG-FREE AND SAFE, HOWEVER, YOU USE IT AT YOUR OWN RISK. WE PROVIDE THE WEBSITE AND THE CONTENT “AS IS” WITH NO WARRANTY, EXPRESS OR IMPLIED, OF ANY KIND (INCLUDING ANY IMPLIED WARRANTY OR CONDITION OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AVAILABILITY, SECURITY, TITLE, AND NONINFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS). WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, WE MAKE NO WARRANTY THAT OUR WEBSITE, PLATFORM, MOBILE APP, PRODUCTS AND SERVICES WILL MEET YOUR REQUIREMENTS OR THAT OUR WEBSITE OR MOBILE APP WILL BE 100% FRAUD OR FAIL PROOF, REMAIN FREE FROM ANY INTERRUPTION, BUGS, INACCURACIES, AND ERROR FREE. YOUR USE OF OUR SERVICES ARE AT YOUR OWN RISK AND YOU ALONE WILL BE RESPONSIBLE FOR ANY DAMAGE THAT RESULTS IN THE LOSS OF DATA OR DAMAGE TO YOUR COMPUTER SYSTEM. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN OBTAINED BY YOU FROM OUR WEBSITE, PLATFORM OR OUR SERVICES WILL CREATE ANY WARRANTY OR CONDITION NOT EXPRESSLY STATED. WE WARRANT THAT WE SHALL USE OUR BEST ENDEAVOURS TO ENSURE THAT THE SERVICE OPERATES OPTIMALLY AT ALL TIMES IN ACCORDANCE WITH BEST INDUSTRY STANDARDS.

  • 12. Limitation Of Liability

    Under NO CIRCUMSTANCE SHALL WE BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL PUNITIVE, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES, INCLUDING DAMAGES RESULTING FROM REVENUE LOSS, PROFIT LOSS, USE, DATA, GOODWILL, BUSINESS INTERRUPTION OR ANY OTHER INTANGIBLE LOSSES (WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH) ARISING OUT OF OUR WEBSITE OR SERVICES (INCLUDING, WITHOUT LIMITATION TO INABILITY TO USE, OR ARISING FROM THE RESULT OF USE OF OUR WEBSITE, PLATFORM OR SERVICES) WHETHER SUCH DAMAGES ARE BASED ON WARRANTY, TORT, CONTRACT, STATUTE OR ANY OTHER LEGAL THEORY. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR LIMITATIONS ON THE SCOPE AND DURATION OF SUCH WARRANTIES, SO THE ABOVE DISCLAIMERS MAY NOT APPLY TO YOU IN THEIR ENTIRITY BUT SHALL APPLY TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW.

  • 13. Indemnification

    You hereby indemnify us and undertake to keep us, our staff and affiliates indemnified against any losses, damages, costs, liabilities and expenses (including without limitation reasonable legal fees and expenses) arising out of or in any way related to:

    i. Your access to, use of, or inability to use your account or the Services;
    ii. Your breach or alleged breach of this Agreement;
    iii. Your violation of any rights of a third party, including but not limited to any negligent or willful misconduct of your employees, contractors, or agents, or a breach of any contracts or other relationships between you and third parties;
    iv. Your violation of any applicable law; or
    v. Your failure to provide and maintain true, accurate, current and complete information in your account.

    You shall cooperate as fully as reasonably required in the defense of any such claim. Verzo reserves the right, at its own expense, to assume the exclusive defence and control of any matter subject to indemnification by you. You agree not to settle any matter without the prior written consent of Verzo. For the avoidance of doubt, this indemnification, defence and hold harmless obligation will survive these Terms of Service and the termination of your use of the Services.

  • 14. Force Majeure

    Under no circumstances shall we be held liable for any delay or failure or disruption of the content or services delivered through our Web and Mobile Apps and platforms resulting directly or indirectly from acts of nature, forces or causes beyond our reasonable control, including without limitation, Internet failures, computer, telecommunications or any other equipment failures, electrical power failures, strikes, labour disputes, riots, insurrections, civil disturbances, shortages of labour or materials, fires, flood, storms, explosions, acts of God, war, governmental actions, orders of domestic or foreign courts or tribunals or nonperformance of third parties.

  • 15. Breaches Of These Terms

    Without prejudice to other rights accruable to us under these Terms, any breach of these Terms will warrant our institution of such measures that we deem appropriate to deal with the breach, which may include but shall not be limited to suspending or prohibiting your access to and/or use of our website and other platforms, blocking computers using your IP address from accessing our website or other platforms, contacting your internet service provider to request that they block your access to our website or other platforms and/or bringing court proceedings against you.

  • 16. Privacy Policy

    Please read our Data Protection and Privacy Policy (“Privacy Policy”) carefully for information relating to our collection, use, storage, and disclosure of your personal information. The Privacy Policy is incorporated by this reference into, and made a part of, these Terms.

  • 17. Updates, Modifications and Amendments

    We reserve the right to update, modify, change or revise these Terms from time to time. The changes will not be retroactive, and the most current version of the Terms will always be on this page and will continue to govern our relationship with you. We advise that you check this page often, referring to the date of the last modification on the page. We will also try to notify you of any material changes which could be done via email associated with your account or service notification. By continuing to use our Services after the changes become effective, you agree to be bound by the revised Terms.

  • 18. Notices

    All legal notices or demands to or upon us shall be made in writing and sent to us personally, by courier, certified mail, to our registered address on our website and our contact e-mail in the “Contact Us” clause below. All legal notices or demands to or upon a User shall be effective if either delivered personally, sent by courier, certified mail, or email to the last-known correspondence, fax or email address provided by the User. You agree that all agreements, notices, demands, disclosures and other communications that we send to you electronically satisfy the legal requirement that such communication should be in writing.

  • 19. Governing Law And Dispute Resolution

    These Terms of Use shall be interpreted and governed by the laws currently in force in Nigeria. We shall try to settle all disputes amicably. Any dispute arising out of these Terms which cannot be settled, by mutual agreement/negotiation within 1 (one) month shall be referred to the exclusive jurisdiction of a Court of competent jurisdiction in Nigeria.

  • 20. Contact Us

    If you have any complaints, feedback and/or questions about us, our Services and/or these Terms, you may contact us at info@verzo.app

  • 21. Effective Date

    This Terms of Use and Service is effective this 25th, June 2024