Seven Things General Counsel Should Know About ERP Contracts
Because Enterprise Resource Planning implementation and software licensing contracts are as complicated as the software itself, there are a number of key things for general counsel to keep in mind as they review these contracts, according to a post on the Taft Technology Insights blog.
Author Marcus Harris offers a guide to negotiating and drafting contracts for ERP software systems, discussing seven main areas where companies slip up most-frequently.
The areas include: specify the vendor as the expert, detail liability, define responsibility, put everything in the contract, watch out for contractual remedies, and have a mechanism for controlling scope.
