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 […]
PRAXIS SOC2 Compliance Announcement Read More »
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
What is Software Escrow? Read More »
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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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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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 »
Looking for an extra edge to win software clients? Then meet software escrow. It shows your customers your credibility, commitment to security, and allows you to level the playing field with the big players in the software industry. Not only does it provide an edge, but for many end-users, software escrow will be required for
How Software Escrow Protects Your Client (& Helps You Sell) Read More »
You’ve got great ideas, but can you adequately relay them to your customer? If not, you may need to consider an interactive prototype, the ultimate tool to help you show how your software works, versus trying to tell someone who might not understand. Not sure what we mean? Then keep reading! What Is An Interactive
How An Interactive Prototype Makes It Easier To Sell Your Software Read More »
You may have thought creating your software product and company was the hard part. But now you’re faced with a new challenge — how to sell it. You know your software is a key driver of growth, but your prospects don’t understand their return on investment. You have to show them. You must convince your
How A Business Case Helps You Sell Your Software Read More »