Support Plans

Finverity applies a five-tier incident prioritisation framework with defined response and resolution SLAs across three support plans (Basic, Standard, and Premium):

Severity Level

Impact

Basic Plan

(1st Response)

Standard Plan (1st Response)

Premium Plan (1st Response)

Workaround Target

Resolution Target

Severity 1

Critical

3 business hours

2 business hours

1 business hour

5 business hours

48 business hours

Severity 2

Major

6 business hours

4 business hours

2 business hours

8 business hours

4 business days

Severity 3

Normal

8 business hours

6 business hours

4 business hours

4 business days

14 business days

Severity 4

Minor

12 business hours

9 business hours

6 business hours

10 business days

20 business days

Severity 5

None

18 business hours

12 business hours

8 business hours

N/A

N/A

Severity Levels

To ensure support requests are prioritised appropriately, all incidents are assigned a severity level based on their impact on platform availability, business operations, and users. Severity levels determine the urgency of response, workaround, and resolution efforts.

Severity Level

Impact

Definition

Examples

Severity 1

Critical

System-wide outage or mission-critical failure. The platform or a core SCF function (payments, supplier funding, or repayments) is unavailable. Majority of customers or key partners are fully blocked. No workaround possible. Severe financial, compliance, or reputational risk.

• Payment instructions not generating.

• Financial calculations are erroneous.

• Platform inaccessible to all users.

• The API is experiencing issues affecting payment and reconciliation endpoints.

Severity 2

Major

Significant service degradation impacting business operations. A subset of customers or key workflows are partially blocked or delayed. A subset of business operations is disrupted. Financial transactions may be delayed, but data integrity remains intact. Noticeable customer or partner impact.

• Approval process is interrupted for a subset of customers.

• Delayed funding disbursements for a subset of suppliers.

• API latency or partial failure affecting integration partners.

• Payment confirmations delayed but can be manually processed.

• Notifications are not sent for critical operations (approvals, funding, or repayment).

• Key reporting module unavailable for several users.

Severity 3

Normal

Moderate issue with limited business or operational impact. A small number of users or non-critical features are affected. Core SCF operations (funding, payments, onboarding) continue to work. Performance degradation, intermittent issues, or partial feature unavailability. Does not impact financial settlements or data integrity.

• Dashboard metrics showing incorrect totals.

• Non-critical business notifications are not sent for some users.

• Notifications delayed for some users.

• Minor API endpoint returning errors for a few customers.

• Occasional slow page loads on non-critical modules.

Severity 4

Minor

Low-impact or cosmetic issue. System fully usable; all financial functions operate normally. Minor usability bugs, UI glitches, or intermittent non-core feature issues. Workarounds are straightforward with no operational impact.

• Non-critical pages loading slowly.

• Minor formatting issues in reports and tables.

• Fonts and colors are not displayed as expected.

Severity 5

None

General inquiries, feature requests, or feedback. No fix required to restore functionality.

• Question about account setup.

• Request for a new dashboard feature.

• Feedback on UI/UX improvements.

• Query about product functionality.