TermScout

Free reviews and ratings on top SaaS contracts

19 followers

Free reviews and ratings on top SaaS contracts

19 followers

Signing bad contracts is the worst. TermScout uses NLP + human attorneys to analyze more than 600 data points in common SaaS agreements and rates them based on customer favorability. Less negotiating, less legal, less confusion. Stop signing bad contracts!

Launch tags:Productivity•Sales•Analytics

Launch Team

Render Sandboxes: a computer for every agentGive every agent its own machine. Starts in under a second

Promoted

This looks great, do I have to subscribe for the full details on a contract or can I purchase just a single contract?

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6yr ago

TermScout

Maker

Glad you like it @sosmedia! Good question! Yes! You can purchase just a single contract if you'd like. If the full subscription isn't right or you just need to see one company review... you can purchase a single report. Check the Pricing page and let us know if you have more questions!

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6yr ago

TermScout

Maker

@sosmedia and don't forget the PH discount code in 1st comment ☝️!

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6yr ago

I like this, super helpful. Reading the fine print is a massive pain and I don't always do it. Can I make suggestions for other contracts to review?

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6yr ago

Screens

Maker

@globigco, yes. Complete this form to let us know what contracts you want us to look at next. Bonus: we'll add the next five contract requests we receive to our queue for next week!

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6yr ago

@ottohanson Thank you, I have a couple of software co's I'm looking at right now. Appreciate it.

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6yr ago

Introwise

"Less legal" sounds like a dream! But is it more for companies (B2B) or do normal people can also use your product? For example, when I agree with Terms of Services it's not like I can change them, right? Or you do both?

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6yr ago

TermScout

Maker

@evgenia_trofimova lol! That's a great question! We think that bringing transparency to the contracting process will benefit companies AND "normal people". That's why we try to offer the right balance of free/paid content. You might not be able to change some of those TOS agreements, but you'd have better insight into what's in them and in some instances you could use this information to help negotiate. For example, if I can look and see 8 out 10 contracts in a particular industry offer provision XYZ that should help provide clarity to the marketplace and could help with some negotiations.

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6yr ago

This looks great! Do you guys use pure software/AI for this or are actual attorneys/humans reviewing this content?

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6yr ago

TermScout

Maker

Thanks @kathkeating!! Great question! We're proud of our software/AI, but we always include actual smart human being attorneys in the process. We take the data seriously and really work towards the right balance. And if there's a dispute on a claim or data point, let us know!

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6yr ago

Makeena

Super excited to see this product come to life! And, I should know because I am a recovering in-house counsel! 🤣 🙌

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6yr ago

TermScout

Maker

@gomakeena LOL! We have a few of those on the team as well 🤣 and we're super fortunate to have those insights and feel those in-house counsel pain points! Thanks so much for the encouragement!

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6yr ago

Makeena

@justintbuchanan, totally. BTW, sending your info to two of my contract in-house gig GCs and CFOs now.

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6yr ago

TermScout

Maker

@gomakeena Ah! Thank you so much! Please stay in touch and let us know if we can give back and repay the favor sometime!

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6yr ago

@justintbuchanan @gomakeena Thank you very much Karen!

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6yr ago

Makeena

@justintbuchanan @globigco, you are totally welcome! Shared with friends BTW!

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6yr ago

Screens

Maker

We built TermScout because we were tired of seeing companies cram their contracts with crap. As attorneys, we knew that companies made their public click-through agreements aggressive because they knew that nobody was reading them. Today, we’re shining light on big company’s fine print and empowering everyone to get a fast and free gut check on major contracts they’re asked to sign. Today, we’re publishing ratings and related information on more than 150 top software companies, like AWS, Salesforce, Microsoft, Google, and Solarwinds. Soak it up, use it, and take pleasure knowing that by paying attention to the contracts you sign, you’re helping send a message to big companies that what they put in their contracts is now public knowledge, and people are paying attention. ✅ Quick gut checks on contract favorability for everyone ✅ Deeper clause-level analysis for more serious contract professionals ✅ Built and run by attorneys ✅ Backed by Techstars, and trusted by lawyers from startups to fortune 100 companies We focus on software contracts today, but soon we’ll go into privacy policies, employment agreements, independent contractor agreements, payday lending agreements, finance agreements, business associate agreements, and beyond. Special for PH: ScoutHunt25 for 25% off Please share feedback, questions, comments!

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6yr ago

Zoom

Thanks for building this! Signing contracts is a big pain point at Warmly! Can we suggest contracts for you to review?

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6yr ago

TermScout

Maker

@maxpgreenwald Gah. We've felt your pain! Yes please! You can totally suggest contracts here! Can't guarantee timing yet for non-paid customers, but we really would love to see from our users which contracts are most interesting. If people are suggesting the same contract, we'll get to it!!

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6yr ago

My criticism is that as a consumer you usually don't have any bargaining power in contracts - hence I can't do anything about bad clauses in contracts.

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6yr ago

TermScout

Maker

@randomdraw637484 That's a fair point! We've heard from lots of users things like "Google won't negotiate with me" but we think bringing transparency might help root out bad clauses longer-term. And it could help with negotiations with smaller vendors or even limit some back and forth/redlines. We appreciate the feedback!

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6yr ago

@justintbuchanan I agree that transparency could help in the long-term (and with loads of PR) to get the default T&Cs improved.

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6yr ago

TermScout

Maker

@randomdraw637484 Right on! Let's make it happen! Thanks again for the feedback!

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6yr ago

Screens

Maker

@randomdraw637484 There's also value in just knowing what you're signing. For example, AWS's contract says that if they terminate you "for cause", they can delete all of your data. I probably can't negotiate that out of my contract with AWS, but I can make sure my CTO understands this provision so that if ever we are at risk of being terminated (for example if we were behind on payments), we'd be on notice to make sure we've got everything backed up.

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6yr ago

TermScout

Maker

@randomdraw637484 @ottohanson Great point otto!

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6yr ago

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