Updates and Analysis from Taft Technology Attorneys
With so many companies switching to a cloud solution, it is difficult to imagine it any other way than good. However, that is far from the truth.
Cloud ERP is unquestionably great for vendors. It shortens the sales cycles, decreases contract negotiations, and above all increases software vendor profits. For vendors it results in a…
From modernizing business processes, accelerating workflows, and increased profitability, there are plenty of upsides to an ERP software implementation or full scale digital transformation. However, there are many things that can go wrong during and after the implementation process that can result in an implementation train wreck. In the cases we litigate on behalf of…
Oversold and misrepresented software, missed deadlines, inexperienced consultants, and budget overruns are all common occurrences in a digital transformation. The reality is that as a customer, the odds of a successful ERP implementation, or digital transformation, are stacked against you.
When clients come to us in the midst of an ERP or digital transformation train…
While the ERP contract negotiation process is dependent on the facts of the particular transaction, all negotiations have a similar process and a similar trajectory. The cost of the software and implementation, the importance of the software being licensed, the number of vendors, and the risk presented by the technology will all impact the length…
There are lots of ways a digital transformation can go wrong, even with a negotiated contract that spells out in detail what the software vendor and integrator will do, when they will do it, and what they will be paid. This is even more true during a recession. As we have repeatedly said on this…
In this video, Taft partner Marcus Harris and Third Stage Consulting Group CEO Eric Kimberling discuss best practices for SAP S4 HANA implementation, including ERP contract negotiation strategy, due diligence, and more.
Eric Kimberling And Marcus Harris Discuss Tips for Negotiating SAP S/4HANA Contracts – YouTube
The most important document related to your ERP implementation, integration, or digital transformation is the statement of work. Including milestones, deliverable specifications, and acceptance testing criteria are all critical to getting your implementation or digital transformation off on the right foot. Learn more from Taft partner Marcus Harris in this video:
Does an ERP vendor’s fiscal year matter in the discount you get as a customer? Absolutely. Oracle’s fiscal year ended in May, and Oracle’s salespeople are notorious for pressuring customers into signing deals with significant discounts prior to year-end under the notion that the discount will disappear after the year-end. Customers need to take into…
Drafting, reviewing, and negotiating software license agreements is challenging. In this video, Taft Chicago partner Marcus Harris breaks down three issues to focus on during any review or negotiation of a software license agreement
Three Issues to Focus on When Negotiating a Software License Agreement
Taft Chicago partner Marcus Harris will be one of the featured speakers during the 2022 Digital Stratosphere Conference Live Online Edition, Feb. 8-10, 2022. Harris will present, “Digital Transformation and Contracting” on Feb. 9 at 2:00 pm EST. This event offers insight from the industry’s leading experts for organizations embarking on a digital transformation.
For…
