Contract Sent Logo

Contract Management for SaaS

contract management for saas

Contract Management for SaaS The Process of Contracting at Scale

What Makes Software as a Service Contracts Slow?

What makes Software as a Service Contracts Slow?
Ip Clauses

IP Clauses

Variations on IP clauses are common when you’re in the first few years of business. Your deliverables will be changing to find product market fit and this will mean you need to update IP clauses.

Liability

Requests for liability clauses will vary a lot depending on who you’re selling to. Smaller businesses might let you have no liability, others might ask for unlimited liability. Negotiating this takes a lot of time.

Transfer of IP

Transfer of IP

How and what IP you transfer to customers in your contracts is important. Your IP is your most important asset but your customer wants their deliverables too. It’s a fine line.

Speed Up

Speeding up your contract negotiations and the way you work with contract data is done with a combination of slowly moving to standardization and tracking your data.

Want to know more?

SaaS IP Ownership

Intellectual Property Ownership in SaaS contracts, Most companies that you will be selling to are used to the old way of procuring software, ‘we buy it, we own it’. The legal world has been slow to catch up with the software as a service style of legal contract. They don’t understand that it is a service that you are providing rather than the intellectual property of the software itself. This opens you up to clauses in contracts that will transfer ownership of things you don’t want to transfer ownership of to your customers. More about IP Ownership in SaaS Contracts ->

Transferring IP in SaaS

When is it appropriate to transfer intellectual property in SaaS contracts? Every SaaS company is different and every product works differently. There are some platforms that provide a service for which no intellectual property changes hands whatsoever, while other platforms has outputs which customers would like to maintain ownership of even after they have stopped using your software. In this case it is important that you work with your legal team to have these well defined so you’re not handing over intellectual property that you shouldn’t be.

SaaS Liability Limits

Liability Limitations in SaaS Contracts, Liability limitations are by far the most contested thing in negotiations for software as a service contracts. They are effectively the dollar amount of liability that each party in the conversation could be responsible for if things went horribly wrong. And the difficulty with working though liability limitation is that the negotiation power of both sides is decidedly uneven. In most cases the negotiation will be between a small startup company and either a well established SME or an enterprise company that will lean on every reason they can to set the highest liability limitation possible. So what is a standard limitation of liability in a SaaS contract? Well, it depends. Learn more about limited liability in SaaS Contracts ->

Contract Liability Limits

What should the limitation of liability be for my contracts? A commonly quoted industry standard is one times the annual value of the contract. But there are a lot of variations on this and it won’t always be the case. We get deeper into this in our blogs about negotiating liability limitations. Learn more about liability limits ->

Effortless SaaS Clause Tracking

Leverage task management tools to streamline and keep an eye on your contract negotiations

  1. Use Contract Sent’s task system to track your teams negotiation of specific milestones for each clause while understanding the progress made with negotiations.
  2. Through this approach, tasks are assigned and your team is notified of their responsibilities for drafting, reviewing, and finalizing clauses. This ensures transparency, accountability, and efficient collaboration among your team.
  3. By categorizing tasks based on contract sections your sales leaders will gain clarity on negotiation stages, enabling swift identification of bottlenecks or areas needing attention. This structured approach not only fosters smoother negotiations but also facilitates a comprehensive overview of the entire contract process, enhancing agility and precision.

Pricing

Pricing for startups

Get your contract management under control early without breaking the bank!

Free Forever

For companies just starting out

$0

/ month

Contract Management Software Pricing - Contract Sent

1 Customer Per Month

Contract Management Software Pricing - Contract Sent

Unlimited Users

Contract Management Software Pricing - Contract Sent

Unlimited Contract Comparisons

Contract Management Software Pricing - Contract Sent

Contract Version Control

Contract Management Software Pricing - Contract Sent

Tasks For Approval

Startup

Get your contract management in order early. Close deals faster and save time on contract reviews.

$150

/ month

Contract Management Software Pricing - Contract Sent

5 Customers per month

Contract Management Software Pricing - Contract Sent

Everything in the Free Forever Plan

Contract Management Software Pricing - Contract Sent

Automated MRR Waterfall

Contract Management Software Pricing - Contract Sent

Contract Repository

Contract Management Software Pricing - Contract Sent

Contract Metrics Tracking

Scale up

Get your legal function humming.

$300

/ month

Contract Management Software Pricing - Contract Sent

20 Customers per month

Contract Management Software Pricing - Contract Sent

Everything in the Startup Plan

Contract Management Software Pricing - Contract Sent

Google Drive & Sharepoint Integration

Contract Management Software Pricing - Contract Sent

AI Contract Data Extraction

Wanting to get started?

Let Contract Sent get your contracting on track today.