How SaaS Financial Alerts can protect your company
Reflecting back on 2017, we have seen a dramatic increase in enterprise clients seeking solid protection for their critical application that are SaaS hosted.
Escrow London prides itself on offering unique bespoke solutions for our SaaS Escrow clients.
Our SaaS Escrow solutions cover a range of platforms and environments including AWS, Azure, Google Cloud, Heroku, VM Ware and Hyper-V.
The SaaS Escrow services provide protection through a range of options including:
- Automatic deposits of source code
- Deposit of VM snapshots
- Scheduled deposits of databases
- Replication of hosted environment
- Dormant instance of the hosted environment
- Financial Alerts
The Financial Alert Service provides an early warning system of financial irregularities with your SaaS vendor. This solution works by Escrow London being provided with the authority to monitor the payment of invoices of the critical application of the SaaS vendor. In the event of non-payment of an invoice, Escrow London will provide an immediate alert to the beneficiary. If the financial non-payment is not resolved, Escrow London has the ability to continue to pay those invoices on behalf of the beneficiary to keep the “lights on” for a short period of time. This solution provides breathing space to the beneficiary which enables them to provision the next steps according to their business continuity plan.
Click here to learn more about our SaaS Financial Alert solution.