PRAXIS is a neutral third party provider of Software, SaaS and Technology escrow services worldwide. We store physical and electronic escrow deposits for the benefit of our clients. PRAXIS voluntarily implemented SOC 2 compliance to demonstrate to our clients that we are committed to protecting their intellectual property. This level of commitment is rare in …
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 …
5 Reasons to transfer your software escrow agreements to PRAXIS Read More »
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 …
3 Ways to Boost Your Bottom Line with Automated Software Escrow Read More »
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 …
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 …
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 …
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 …
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 …
5 Reasons You Should Push Your Potential Software Partners To Use Interactive Prototypes Read More »
In an environment where your business is constantly seeking to improve your processes, products, and services, you may consider onboarding the latest technology vendors to stay three steps ahead of your competition. As a part of the vendor onboarding process, software escrow has become a vital tool for the success and security of a software …
Why Automated Software Escrow Is The New Standard For Beneficiaries Read More »
When an end-user, or beneficiary, seeks to enter a software license or SaaS subscription agreement, their most important question to ask is “What’s in it for me?” It’s the ultimate value proposition and one that software developers are eager to answer. The thing is, it’s a pretty darn easy solution. Software and SaaS applications are …
3 Ways Automated Software Escrow Safeguards Beneficiaries Read More »