Software Escrow with Deposix for IT Consultants

Software escrow with Deposix offers you increased security as an IT consultant or general contractor. Depositing source code into a professional administered escrow account ensures that you will be able to comply with agreements entered into with your clients even if a software supplier becomes insolvent or fails for any other reason. The same applies to general contractors’ maintenance obligations and service commitments. The ability to comply with client contracts, even under adverse conditions, reduces your risk while setting yourself apart from your competitors. Software escrow demonstrates your professionalism. It identifies you as a forward-looking, serious IT consultant prepared to provide long-term counselling and offering the greatest possible investment security and software quality to your clients. Software escrow underscores your credibility and allows you to stand out in a competitive market.

Deposix offers IT consultants and prime contractors an integrated and seamless escrow process: flexible contract structuring, professional contract management and regular updating of deposited software. As a further service, Deposix will, upon request, conduct a technical verification of the source code.

Advantages for IT consultants

• Risk minimization: software escrow safeguards your responsibilities to existing contracts and resulting obligations you have towards your clients - you have guaranteed access to the source code even in the case of the software supplier´s failure.
• Service contract security: with software escrow you are securing your existing service level commitment to your clients, making them independent of the actual software developers, thereby assuring the long term usability of software, including the incorporation of all future updates.
• Greater credibility: software escrow underscores your professionalism and enhances your credibility in the marketplace. Placing software in escrow emphasizes the quality and reliability of your services.
• Competitive advantage: (of particular relevance for general contractors) with software escrow you can differentiate yourself from your competition. By offering technically verified software, guaranteed service levels, usability and access guarantees and professional escrow support, you build trust in your services in both potential and existing clients.