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Forescribe Glossary

What is Vendor Lock-In Score?

The Vendor Lock-In Score assesses the level of difficulty involved in switching away from a vendor or tool, factoring in contract terms, integration complexity, and the vendor's role within the organization.

Why it Matters

Vendor lock-in can significantly impact an organization's flexibility and long-term strategy. By assessing the lock-in score, businesses can plan for potential transitions and mitigate risks associated with being tied to a single vendor.

Benefits

  • Measures the risk and difficulty of switching vendors
  • Helps organizations plan for future transitions or migrations
  • Supports risk management and strategic vendor diversification
  • Informs contract negotiation strategies
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