Software Escrow

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations.

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About this series: The software / SaaS  and technology escrow industry is unregulated but many states, industry organizations and corporations have implemented software escrow requirements to protect their investment in business critical software and SaaS applications. In this series of articles we will explore the different approaches taken to require escrow and discuss the challenges […]

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations. Read More »

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations.

Leave a Comment / SaaS Escrow, Software Escrow / By

About this series: The software / SaaS  and technology escrow industry is unregulated but many states, industry organizations and corporations have implemented software escrow requirements to protect their investment in business critical software and SaaS applications. In this series of articles we will explore the different approaches taken to require escrow and discuss the challenges

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations. Read More »

Software Risk Checklist

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Technology escrow agreements are intended to provide end users with application continuity for mission critical, expensive or difficult to replace software and SaaS applications if the software vendor fails to perform, goes out of business or other pre-negotiated circumstances. All of the risks outlined below have been successfully addressed in escrow agreements in the past. 

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Leveraging Software / SaaS Escrow: Enabling Technology to Serve as Collateral for Loans

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Business critical software has become an integral part of modern business operations, and its value is recognized in various domains. To support innovation and growth, emerging software, SaaS and technology companies often seek financial assistance in the form of loans. However, lending institutions are naturally cautious about collateralizing intangible assets like software or other intellectual

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What Are the Most Important Clauses in an Escrow Agreement?

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A software escrow agreement is a legally binding contract that outlines the conditions and terms for storing and releasing the source code or other critical materials of a software application to a third-party escrow agent. While the specific clauses included in a software escrow agreement may vary based on the parties involved and their specific

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What is a Software Escrow Agreement?

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A software escrow agreement is a contractual agreement between a software vendor, a licensee, and a third-party escrow agent. It is used to protect the interests of the licensee in the event of the software vendor’s bankruptcy or other unforeseen circumstances that may result in the vendor’s inability to support the software. The agreement requires

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The Difference Between Software & SaaS Escrow Solutions

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Software as a Service (SaaS) escrow and software escrow solutions are two distinct yet related concepts in the software industry. While both provide a form of protection for users of business critical software, there are fundamental differences between the two. This article aims to explain the differences between SaaS escrow and software escrow. To begin

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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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