Season’s Greetings from all of us to all of you 🌟
IT Contracts – Not Just Contracts
An IT contract for many of us is a contract, a document that you sign, correct me if I am wrong. For an experienced legal/contract professional it is an extensive set of documents, regulating different aspects of the delivery, obligations of the parties, technical descriptions, advanced price models and the whole pack of risks, which you normally will not find in a simple contract.
An IT agreement is a potential risk trap for an amateur eye, or even worse – a mine field. If you do not have enough experience in disarming these mines, you and your business might be in danger.
Today I can scan an IT agreement (regardless of the length) in under 15 minutes, even less. I know exactly what to check and where to find it, both the general part and specific risks, as for example: security and GDPR. Behind this ability are more than 10 years of hands-on experience working with x-number of IT agreements in all their variety.
If you want to learn about all risks an IT agreement may have, the content/structure of IT Agreements and get access to the Master Service Agreement template that you may use with your customers if you are an IT supplier or with your IT suppliers, if you are purchasing and IT service/product, EL-AGLAW AS offers now IT CONTRACTS KIT:
IT Procurement – Be Secure When You Procure!
Still today, many organisations underestimate the importance of IT Procurement. IT Procurement is one of the most important part of the organisational structure and business. Investing in IT services and products come often at a price. And we are not only talking about the money.Â
IT procurement, if not done properly, may result in high risks for your business. It can compromise your or your customers’ security, it can violate applicable legislation and potentially cost your organisation a lot of money in the form of prices for services, administrative fines and liabilities to your customers.
Having good understanding of and good processes for IT Procurement is essential. Where to start, how to choose the right supplier, what to regulate in the agreement and how to follow up your suppliers. All of this is now accessible to you in IT PROCUREMENT KIT at https://www.el-aglaw.no/
When purchasing IT PROCUREMENT KIT, you will get:
- IT Procurement Policy. Detailed ready-to-use policy template with explanatory footnotes.
- IT Procurement Process. The process consists of 3 phases. Each phase explains all necessary steps you need to take and consider.
- IT Supplier Contract Checklist. Extensive checklist for IT supplier agreements. It consists of:
- A minimum of content and requirements, IT supplier contract shall have.
- Privacy/GDPR requirements. (Applicable for all suppliers that will process personal data)
- Specific contract requirements for outsourcing. (These requirements are based on the guidelines from European Banking Authority (EBA) and can be used by all organisations independent of if it is a financial institution or not).
This IT Procurement KIT gives you the essential tools to get control of your IT procurement. Be secure when you procure!
Impact of Technology on Business
No matter the size of a company, you cannot do much nowadays without the use of technology. Do you want to market your products or services, sell them, keep in touch with your customers – you need a technology for that. Many services in many industries are technology-based in some or another way and the automation of the services is not only the future, it has become the reality.
What should you be aware of? Where to start? My working experience from both in-house counsel roles, sales, procurement and working across all departments and disciplines, fascination for technology and business, and willingness to learn, have given me the expertise the average lawyer and/or business manager in the organisations does not have. I am very excited to share my knowledge with you and offer an incite in how to lead the business and ensure its’ compliance with applicable legislation during technology era.
My first offer to you is Starter Kit: which consists of a) Extensive list of topics and questions which will help you evaluate and map the impact of technology on your business and company and to improve its compliance with legislation; b) Bilateral/mutual NDA template, which may (and should) be used with both customers and suppliers; c) Consultancy Agreement template. Why did I choose a Consultancy Agreement template as a part of the Starter Kit? Either you have used consultants in the past or you are already using them, and you definitely will in the future! IT consultants are the most popular suppliers today, no surprise here. At the same time, the importance of a good consultancy agreement is undervalued. If you don’t know how and what to regulate, you may end with high commercial, legal and security risks. Visit our webshop to purchase Starter Kit: https://www.el-aglaw.no/downloads/the-starter-kit/
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