Before a sales representative can close a deal, they are providing the deadlines, payment schedule...

A statement of work is a document that the sales rep prepares to finalize a deal with the customer. A statement of work defines the scope, deliverables, timeline, and terms of the engagement between the sales rep’s company and the customer. A statement of work helps to clarify expectations, responsibilities, and obligations for both parties, as well as to prevent any misunderstandings or disputes.References: https://www.salesforce.com/resources/articles/statement-of-work/#statement-of-work-definition