Terms of Service
Effective Date: 31 October 2024
Welcome to Lucius Ltd ("we," "us," "our"). These Terms of Service ("Terms") govern your access to and use of our AI-powered ERP platform and related services ("Services"). By signing up for or using our Services, you agree to comply with these Terms. If you do not agree, you may not use the Services.
1. Eligibility
To use our Services, you must:
Be at least 18 years old and capable of entering into a binding agreement.
Use the Services for lawful purposes related to your business activities.
By agreeing to these Terms, you confirm that you meet these requirements.
2. Services Provided
We provide an AI-powered ERP platform for managing bookkeeping, payroll, taxes, business payments, and reporting. Services may include:
Automated financial workflows.
Human-in-the-loop assistance with optional bookkeeping and payroll support.
Secure integrations with third-party tools such as payment processors or banking platforms.
Specific features and functionality may vary, and we reserve the right to modify or discontinue any aspect of the Services at our discretion.
3. Account Registration and Responsibilities
You must provide accurate, up-to-date information when creating an account.
You are responsible for maintaining the confidentiality of your account credentials.
You agree to notify us immediately if you suspect unauthorized access to your account.
You are responsible for all activities conducted under your account, including ensuring that your use of the Services complies with these Terms and all applicable laws.
4. Fees and Payments
Access to our Services is subject to subscription fees as outlined in your service agreement or pricing plan.
Payments are due on a recurring basis unless otherwise specified.
We reserve the right to adjust pricing with reasonable notice provided.
Non-payment may result in suspension or termination of your account.
5. Use of the Platform
You agree to use the Services only for lawful business purposes. Prohibited activities include:
Uploading false or misleading information.
Violating intellectual property rights of others.
Engaging in unauthorized access, hacking, or distributing malicious software.
We reserve the right to suspend or terminate accounts found in violation of these Terms.
6. Data Ownership and Privacy
You retain ownership of any financial data, files, or content you upload to the platform.
By using our Services, you grant us a non-exclusive license to process your data for the purpose of providing the Services.
Use of your data is subject to our Privacy Policy.
We reserve the right to suspend or terminate accounts found in violation of these Terms.
7. Third-Party Integrations
Our platform integrates with third-party tools and services (e.g., payment processors, banks). We are not responsible for the functionality, accuracy, or availability of these third-party services. Your use of such services is governed by their respective terms.
8. Intellectual Property
All rights, title, and interest in the Services, including software, logos, and content, belong to [Your Company Name].
You may not copy, modify, or distribute any part of the Services without prior written consent.
9. Limitation of Liability
To the fullest extent permitted by law:
We are not liable for indirect, incidental, or consequential damages arising from your use of the Services.
Our total liability for any claims relating to the Services is limited to the amount you paid in subscription fees during the 12 months prior to the claim.
10. Indemnification
You agree to indemnify and hold us harmless from any claims, liabilities, or damages resulting from your breach of these Terms or misuse of the Services.
11. Termination
We may suspend or terminate your account if you:
Breach these Terms.
Fail to pay subscription fees.
Engage in unlawful or harmful activities.
You may terminate your account at any time by contacting us. Upon termination, you will lose access to the Services, but you can export your data prior to termination.
12. Changes to the Terms
We may update these Terms from time to time. Any changes will be communicated, and your continued use of the Services constitutes acceptance of the updated Terms.
13. Governing Law
These Terms are governed by and construed in accordance with the laws of England & Wales. Any disputes will be resolved exclusively in the courts of England & Wales.