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

Otto Hanson

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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4yr ago

Max Greenwald

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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4yr ago

Justin Buchanan

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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4yr ago

globig

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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4yr ago

Otto Hanson

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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4yr ago

globig

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

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4yr ago

DMan

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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4yr ago

Justin Buchanan

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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4yr ago

DMan

@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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4yr ago

Justin Buchanan

TermScout

Maker

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

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4yr ago

Otto Hanson

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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4yr ago

Justin Buchanan

TermScout

Maker

@randomdraw637484 @ottohanson Great point otto!

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4yr ago