You Signed Your Escrow Agreement, Now What? Manage Technology Escrow Services Online by Tara Holt

Once you sign an escrow agreement with Iron Mountain, how do you manage the escrow arrangement over time? Especially if you have multiple products to escrow?

Iron Mountain provides extensive technology escrow solutions to help companies audit and track software and IP escrow arrangements. As part of our services, we also provide an online tool, the Escrow Management Center, to enable developers and software licensees to manage escrow long term.

With the Escrow Management Center, you can access escrow information 24/7 using a secure Iron Mountain website. The Escrow Management Center allows you to:

View information across accounts and multiple escrow services

If you have a mix of Software Escrow, Domain Name Registry, Registrar Data Escrow, or utilize of our Designated Third Party Compliance Services, you can view information for each account or all accounts using one user-friendly website. This includes viewing a copy of all of your escrow agreements with Iron Mountain.

Manage your escrow accounts:

You can add, edit and delete company contacts and beneficiaries pertaining to your escrow accounts over time, submit an escrow deposit online, request verification services or request an account termination.

Schedule account alerts:

If you would like to be reminded of when an escrow account is due to renew, when a deposit has been made, or when a new beneficiary has been added to one or all of your accounts, you can set up alert notifications that will automatically send you an email of account activity.

Produce reports:

To track and audit the contents of your escrow accounts, you can use the Escrow Management Center to generate reports about activity on each account or all accounts, such as the last deposit made to each of your accounts or all deposits made to an individual account.

It can be very time-consuming managing software investments and license and subscription agreements. One business hurdle you don't want to worry about is managing the escrow accounts associated with your software. With Iron Mountain Escrow Services you get trusted solutions that protect your software and other IP using a proven, auditable and traceable business process and provide valuable online tools such as the Escrow Management Center at no additional cost.

If you are not familiar with the Escrow Management Center and would like more information, contact your account representative. All our account representatives have been trained on the Escrow Management Center, and would be happy to assist you.

LINK:	http://blog.ironmountain.com/2013/service-lines/technology-escrow/you-...
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