Why do you need escrow protection?
What would happen if one of your key software suppliers were acquired, involved in a legal dispute or went out of business?
Would you have concerns about the long-term availability of your software?
Can you be sure that you would still be able to access your software source code in order to continue to maintain and support it?
An escrow solution is a simple and effective arrangement which is specifically designed to mitigate this risk and protect all parties involved.
Find out what level of protection you need
Does the application support a business critical process such as sales order processing, customer relationship management, invoicing or payroll?
Has the application been built specifically for your business, such as a trading floor application, transaction management or inventory management?
Would your business be unable to function effectively if the application suddenly because unavailable?
Would revenues be affected if the application became unavailable?
Would you have any concerns about the long term availability of your software should your supplier be acquired, face legal disputes or go out of business?