When You Need Help With Your Oracle Contracts
The typical Oracle customer has over 17 separate contracts with Oracle. Many companies have more than 100. As Oracle expands into more areas, their contract complexity will only increase. In fact, 81% of Oracle customers do not have all of their Oracle contracts. That’s an astonishing number, considering that these agreements are at the center of your business relationship with Oracle.
To help with these contractual challenges, Palisade Compliance has developed a unique set of services that can assist you throughout all phases of your contract process.
We can assist with Oracle contract negotiations
The Palisade Compliance team of experts has assisted our clients in over one billion dollars of Oracle contract negotiations. We have created a proprietary contract negotiation strategy that will enable you to obtain the best terms and conditions at the lowest price, while ensuring maximum flexibility for you as new technologies are brought into the market. Oracle standard contracts are designed to lock you in. Palisade Compliance negotiated contracts are built to unlock your potential and free your teams.
Our negotiated contracts typically cost 24% less than customer negotiated contracts. In addition, our negotiated contracts have approximately 11 more negotiated terms than non-Palisade negotiated contracts.
Here are some of the Oracle agreements we have successfully negotiated:
- Pool of Funds
- Enterprise Agreements
- Ordering Documents
- Universal cloud credit agreements
- SaaS, PaaS, IaaS contracts
- Cloud services agreements
- Migrations from on-premise
- Master Agreements
Oracle contract opportunity and risk evaluation
A simple Oracle database contract has more than 200 pages of terms and conditions that apply to those licenses. This, coupled with Oracle’s 3-tier contract strategy, can create a black hole when it comes to the risks and opportunities contained in your Oracle contracts.
How our service can assist you
To help companies unlock the hidden value contained in the contracts they already have, and to avoid the pitfalls that hit the unprepared, Palisade Compliance has developed the Contract Opportunity and Risk Evaluation (CORE) service. This service is designed to give you a deep understanding of all your Oracle agreements, knowledge of how Oracle will try to leverage and exploit those agreements to their advantage, and guidance on what you can do to get the most of your Oracle investments. CORE engagements are led by former Oracle contracts professionals with an average of 20 years’ Oracle contracting experience.
Oracle contract management
It can be almost impossible to manage your Oracle contracts. Almost all Oracle customers are out of compliance with their contracts, and Oracle knows it. In fact, Oracle uses that information to take control of their customer base.
We can help manage your Oracle contracts
The Palisade Compliance team can take over the complete management of your Oracle contract relationship. From negotiations, to compliance and renewals, our services can help you reduce your Oracle costs and risks.
Looking for expert assistance with your Oracle contracts and negotiations? Get in touch with our experts today.
Read more about how to take control of Oracle at the end of their fiscal year (31 May).