Vendor Lock-In
Definition
What is Vendor Lock-In in HR Software?
Vendor lock-in happens when it’s hard to leave a provider due to contracts or data formats. SMEs must check exit options.
Why it Matters for SMEs
- Reduces risk
- Protects flexibility
- Improves bargaining
Example in Practice
"Factorial offers easy data export to reduce lock-in risk."
Frequently Asked Questions
Common questions about vendor lock-in
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