Before you sign your next software contract, here are some factors to consider.
The devil is always in the details. You can work long and hard at a scope of work or the terms of a licensing agreement, but unless you also pay attention to the nitty-gritty of the actual contract, you may find that much of your earlier work with the vendor will go for naught. That involves everything from using the original response to the RFP as a contract addendum, to addressing what happens if youor the vendorgo through a merger or acquisition.
It's critical to have ironclad contracts that protect youand your vendor.
Before you sign your next software contract, download this Premium calculator to determine your company's software contract I.Q.
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To see the details behind this calculator and fill in your own estimates, click on the "Get the Tool" icon above and download the interactive worksheet.
To purchase the complete Software Self-Assessment Tool from TechSpend, go to www.techspend.com.