This article will explain what drives an agreement into Third Party Status.

Requirements: A Master Admin login or a staff type with the following permissions:

• Club Setup: Can access setup
• Club Setup: Can access sales general settings
• Member Management: Managing Agreements: Can view member agreements.

What Drives An Agreement Into Third Party Status 

Late Pay Settings are located under Setup > Sales > Sales Settings > Late Pays. The Late Pay Settings determine when an agreement becomes Third Party Status.

If you are a Full Service club and do not see this tab, please contact ClubReady Support for more information. For more information on Setting Up and Editing Late Pay Settings click here.

ClubReady evaluates all agreements against these rules once per day and places any agreements that meet those conditions into third party status - this then means

1. The agreement is canceled
2. Every unpaid invoice in the agreement  is canceled - including future invoices
3. Total value of all unpaid invoices in the agreement becomes the third party collections due amount
4. A pdf 'dossier' is also created. This dossier is a ready package of information for the third party collection agency to work with.

Managing Third Party Agreement Status

For more information on how to edit the third party status of an agreement click here.