PRAXIS Escrow – Your Trusted Partner for SaaS Escrow Solutions!

Unlock the power of peace of mind with PRAXIS Escrow's specialized SaaS Escrow solutions. Safeguard your business and software assets with our comprehensive range of services tailored for the dynamic world of Software as a Service (SaaS).

SaaS Escrow

No matter where your application is hosted, loss of functionality can be catastrophic for your business. Despite the many economic and administrative advantages of SaaS applications over on premise applications, the implications of extended downtime can jeopardize your future, particularly if you do not have access to your data. PRAXIS has a full range of solutions to make your move to the cloud safe!

  • SaaS escrow agreement templates
  • Automated source code escrow for continual updates
  • Data escrow provisions
  • Automated data backup available
  • Transition services
  • Application continuity (cold & hot site) solutions
 
SaaS Application Continuity​

PRAXIS can keep your application running even if your SaaS provider fails.

Automated Escrow

“Set it and forget it” knowing that your escrow deposit is always updated. Save time and money while improving quality

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Data Escrow​

Your data must be your first priority. PRAXIS provides robust data escrow and data back-up solutions.

Customer Service​

Responsive and friendly service that is 100% guaranteed to provide you with the best plan for you! Call us or email us today.

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SaaS Escrow Services Tailored to Your Needs

At PRAXIS Escrow, we understand the unique challenges and opportunities that come with SaaS software. Our SaaS escrow solutions are designed to provide you with the security and assurance you need in this ever-evolving digital landscape. Explore our tailored services that cover:

SaaS Escrow Agreements: Crafted with precision, our SaaS escrow agreements are meticulously designed to protect your interests. Gain confidence in your SaaS transactions knowing that your source code and data are secure with PRAXIS Escrow.

Automated Escrow: PRAXIS invented the Automated Escrow process in 2016 specifically so SaaS escrow agreements could keep pace with the rapid changes that come with the Agile development methods that the greatest majority of all SaaS and software companies use today.  We created a way to automatically connect to GitHub & BitBucket and most other version control systems to automatically update an escrow account every week. Using traditional methods like FTP the average escrow account is updated only 2.3 times per year. With PRAXIS’ Automated Escrow your escrow account is updated every week. Fifty two weeks per year! And, we never delete anything so your escrow account becomes a comprehensive development archive over time. 

Source Code Escrow for SaaS: Your source code is the backbone of your SaaS application. Ensure its protection with our Source Code Escrow services, providing you with a failsafe solution for potential disruptions.

Escrow Solutions for SaaS Software: PRAXIS Escrow offers holistic escrow solutions, addressing the specific needs of SaaS software. Whether you’re a developer, licensee, or end-user, our services are tailored to safeguard your investments.

SaaS Data Escrow: Data is at the heart of SaaS operations. Our SaaS Data Escrow services ensure that your critical data is stored securely, providing you with a safety net in case of unforeseen circumstances.

Escrow Cloud SaaS: Embrace the future of software storage with our Escrow Cloud SaaS solutions. We leverage cutting-edge cloud technology to enhance the accessibility and security of your SaaS escrow arrangements.

"I looked at the classic providers luckily I continued my search because I remembered the past difficulties with these classic providers. PRAXIS had all the things I was looking for, seamless integration to my development environment, streamlined onboarding processing for new clients, straight forwards pricing model and a responsive customer support mechanism. To date, I have recommended PRAXIS to other startups in a similar situations and will continue to do so."
OpenLegacy partner with Praxisescrow
Hans Otharsson,
OpenLegacy

PRAXIS Technology Escrow provides:

Why choose PRAXIS Escrow for your SaaS escrow needs?

Proven Track Record
With years of experience, we have successfully safeguarded countless SaaS transactions, earning the trust of businesses across various industries.

Customized Solutions
We understand that every SaaS agreement is unique. Our team works closely with you to create tailored escrow solutions that align with your specific requirements.

Compliance and Security
PRAXIS Escrow adheres to the highest standards of compliance and security. Rest easy, knowing that your SaaS assets are in safe hands.

SOC2 Compliance
PRAXIS is one of very few software and technology escrow companies that makes the significant extra effort and commitment to maintain SOC2 compliance. We believe it is critical to demonstrate to our clients that we take protecting their information seriously. 

PRAXIS Technology Escrow provides flexible SaaS escrow solutions

PRAXIS provides flexible SaaS escrow solutions for all types of SaaS and private cloud (hosted) software applications. Our SaaS escrow services are designed to leverage today’s technology to support the way you work. We understand today’s technology trends and have designed solutions for software and SaaS application development types.

Waterfall Development

Major versioning with new functionality released on specified frequency.

Agile Development

New functionality and releases added much more frequently, often weekly.

Get all your questions answered or get started today.

Call us at 800-213-9802 or visit our contact page for alternative options!

Frequently Asked Questions

Yes, our SaaS escrow services can encompass a wide range of SaaS offerings, providing comprehensive protection for your business.

SaaS escrow is a contractual arrangement that ensures the secure storage and release of critical assets, such as source code and data, in the event of specified triggers or contingencies.

Software-as-a-service escrow agreements are different from traditional software escrow agreements in that they often include many different and / or additional terms and conditions (i.e. credentials for the hosting provider to allow for takeover of the hosting environment, shorter release processes since down time in a SaaS environment is often immediate and can be permanent. Further, many SaaS escrow agreements include storage of the beneficiary’s data as well as periodic testing of hosting credentials to ensure that the beneficiary can leverage the escrow deposit materials to continue to use the SaaS application should the software vendor fail) because SaaS environments vary widely.

  1. What is the impact to my business if a critical software vendor fails? Experiences extended downtime?
  2. In addition to source code, what would I need to support the SaaS application without the vendor?
  3. Is there a way to keep my SaaS application running if my vendor fails?
  4. Who would help me support the application if my vendor fails?
  5. Do I have ready access to a functional back-up of my data?
  6. Is my data commingled with other clients’?
  7. What release conditions make sense for my situation?
  8. How quickly can we access the escrow deposit?
  9. How can I use the escrow deposit materials?
The depositor and beneficiary are often at odds on this issue. Commonly depositors view a request or requirement for an escrow agreement as an insult or some form of distrust. Also, the escrow means extra work and risk for the depositor so they are often reluctant to agree to and fulfill the escrow. The beneficiary is simply trying to protect their business and their investment. As such, the escrow agreement should be negotiated in tandem with the larger agreement (i.e. Software license, SaaS agreement & etc.) and signed at the same time as the larger agreement. Once the larger agreement is signed, the beneficiary loses all leverage with regards to requiring the depositor to fulfill their escrow requirements. The signed escrow agreement is the first step on the continuum of escrow protection, but it Is critical because without the agreement in place the balance of the protections cannot be accessed.

PRAXIS Escrow acts as an impartial third party, holding and safeguarding your critical assets, such as source code and data. In the unfortunate event of your software vendor facing bankruptcy or closure, our escrow services ensure that you can access and continue using the essential components of your SaaS application.

Yes, our SaaS Data Escrow services extend beyond secure storage. In collaboration with your IT team, we can assist in the seamless migration and recovery of your critical data, minimizing disruptions and ensuring continuity in your operations.

PRAXIS Escrow offers flexible contract durations to accommodate the unique needs of our clients. Whether you require short-term protection or a long-term arrangement, our team will work with you to tailor a SaaS escrow agreement that suits your specific requirements.

The frequency of updates to the SaaS escrow deposit is customizable based on your preferences and the pace of changes in your software. Our team will work with you to establish a suitable update schedule, ensuring that the deposited materials remain current and reflective of the latest version of your SaaS application.

PRAXIS Escrow prioritizes the security and confidentiality of your SaaS assets. Our systems and processes adhere to industry-leading standards, including encryption protocols and secure data storage. We continuously update our security measures to stay ahead of evolving threats and maintain the integrity of your escrowed materials.

Yes, we have extensive experience in managing multi-party SaaS agreements. Whether you’re a software developer, licensee, or a combination of both, our SaaS escrow solutions can be customized to accommodate the complexities and requirements of your unique arrangement.

SaaS escrow specifically addresses the nuances of Software as a Service. While traditional software escrow may focus primarily on source code, SaaS escrow extends its protection to crucial data, ensuring comprehensive coverage for the dynamic nature of SaaS applications.

Why PRAXIS?

Choose PRAXIS Escrow for unparalleled SaaS escrow solutions. Safeguard your future, secure your assets – because your peace of mind matters. Contact us today to discuss your unique SaaS escrow needs.