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What is limitation of liability in a SaaS agreement?
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Brief Context In the ecosystem of Software as a Service (SaaS) contracts. One specific provision stands out as the most important in regards to risk management – the Limitation of Liability clause. While it is crucial to understand its role in a SaaS agreement. It is equally important to recognize its limitations and the difficulties…
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Contract Sent PodCast – Lessons on Scaling From a RevOps Guru
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I’m joined today by Wei Li Lim, a RevOps guru with an ex-Hubspot pedigree who has spent the last year and a half running global RevOps at scale up EdApp. Wei Li and I chat about lessons on scaling including the importance of data and structuring your data to help your sales teams close pipeline…
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Contract Sent PodCast – Termination for Convenience
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Listen in to this weeks podcast episode where we talk about termination for convenience in SaaS contracts. We’ll chat about why it spell’s trouble for your growth and how investors view termination for convenience in SaaS contracts. The drive for customer satisfaction and flexibility is one of the most important things for a growing SaaS…
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Tips for Effective Contract Monitoring and Enforcement
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The success of any business agreement hinges heavily on a companies ability to create operations for effective contract monitoring and enforcement. This process involves keeping track of contract execution (signing), ensuring that all parties meet their obligations, and managing any potential risks or changes as you go along. Whether you’re a small business owner or…
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How to Develop a Contract Review Process
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Breif Context The accelerating pace of growth that VC’s expect of Software as a Service (SaaS) businesses forces startups to grow at a breakneck speed. Knowing how to creating important processes, such as contract review processes will help you scale fast. As you scale any B2B business a critical aspect of SaaS transactions is the…
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The Risks of Poor Contract Management and How to Avoid Them
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Software as a Service (SaaS) is a great business model and a lot of startups build with this in mind. However, as you start to get some traction and start to grow you soon learn that things. Start to break along the way, Things like poor contract management are one of those aspects. Often, people…
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Rev Ops PodCast: Byron Scott – Director of RevOps
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Our interview with Byron Scott digging into RevOp’s best practice RevOps, short for Revenue Operations, is an increasingly critical function in Software as a Service (SaaS) companies, playing a crucial role in integrating and aligning the operations of marketing, sales, and customer service teams. The goal of RevOps is to streamline processes, reduce friction, and…
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The Importance of Communication in Contract Management
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When you are growing your tech startup, a compelling product, robust team, and adequate funding might set the stage for success, but it is the communication within sales contracts that ultimately dictates the continuity and prosperity of business relationships. As the outline of expectations and commitments between parties, the sales contract is a very important…
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The Benefits of Using Templates for Contract Management
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A master service agreement or terms and conditions are the starting points for most companies. When they start using templates for contract management. While they provide a standard structure, you should tailor it to suit the specifics of your service. And the unique needs of your enterprise clients. Every business is different and has different…
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