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. 

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:

1. IT Procurement Policy. Detailed ready-to-use policy template with explanatory footnotes. 
2. IT Procurement Process. The process consists of 3 phases. Each phase explains all necessary steps you need to take and consider.
3. 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!