If you’re selling software to larger organizations, chances are the legal department needs to get involved to negotiate some specific provisions in your software license or SaaS agreement (depending on what kind of software you sell). The key here is to make sure you are protected, while still coming to an amicable agreement with your customer. This post will give you a high level overview of 6 key provisions that your customers are likely to negotiate with you on.
If you’re selling a Software as a Service (SaaS) product to enterprise companies, your customers will demand a strong master service agreement. Sometimes they’ll sign yours, but more often than not – you’ll have to sign theirs. This leads to some back and forth, and lots of redlines. Yay, legal!
If your software business handles the personally identifiable information (PII) of citizens of other countries, you should get familiar with data privacy laws across the world – because you’re likely bound to them. If you violate the laws, you may be liable for hefty fines (or worse). This post will give you a high level overview of handling the data of citizens of other countries.