PRAXIS Technology Escrow Services

10 tips to drive the greatest value from today’s escrow solutions

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A seasoned technology attorney understands the importance of employing technology escrow services to ensure that a business client that relies on critical software has these added protections. Virginia Fournier walks through the key steps. Ever wonder how much you can save on automated escrow solutions? Check our calculator or read the article. Read her article …

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5 Reasons to transfer your software escrow agreements to PRAXIS

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Software and SaaS companies that offer business critical technologies often encounter “software escrow requirements” when pursuing new, enterprise clients. Software escrow agreements are a form of contingency plan that larger corporations use to protect their business critical software applications. An escrow can provide access to a running continuity site, data back ups, source code, documentation …

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3 Ways to Boost Your Bottom Line with Automated Software Escrow

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Software and SaaS companies that offer business critical technologies often encounter “software escrow requirements” when pursuing new, enterprise clients. Software escrow agreements are a form of contingency plan that larger corporations use to protect their business critical software applications. An escrow can provide access to a running continuity site, data back ups, source code, documentation …

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PRAXIS SOC2 Compliance Announcement

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PRAXIS Technology Escrow, LLC has announced that they have completed the SOC 2® Type 1 examination and are officially SOC 2 compliant. Achieving SOC 2 compliance is a significant milestone for PRAXIS, as it demonstrates the company’s commitment to the industry’s highest standards for managing customer source code, data and intellectual property. “PRAXIS works with …

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What is Software Escrow?

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A software escrow agreement or technology escrow agreement is a continuity service for business critical software,SaaS application or technology. The basic premise is that an end user (AKA: beneficiary) relies heavily upon a software or SaaS application and needs a way to continue to operate the application even if the software provider (AKA: depositor) should …

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What Is Automated Escrow?

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In 2016 PRAXIS invented Automated Escrow as a way to keep up with the pace of near constant change in source code that occurs in agile software development. Automated software escrow depositing services ensure our clients have more updated software escrow deposits and remove the administrative burden of manually making software escrow deposits. PRAXIS’ clients …

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How much does software escrow cost?

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Sometimes our clients are surprised to learn that a software or SaaS escrow solution costs more than they initially anticipated. While the costs for software escrow services typically pale in comparison to the software license or SaaS subscription agreement fees they support, there are several factors that contribute to the overall cost of a tier …

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5 Reasons You Should Push Your Potential Software Partners To Use Interactive Prototypes

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Choosing a software partner is a big decision for any company, especially those in the SaaS space As a beneficiary, or end-user, who is licensing software from a provider, you will surely want to stay abreast to what is going on with your project. The only way to really know what’s going on throughout the …

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