TermScout - Accelerate B2B deals with certified contracts

Accelerate your B2B deals with faster, certified contracts that enhance trust and streamline negotiations.

How It Works

TermScout leverages advanced AI technology to analyze and certify contracts, providing businesses with the tools to validate their terms and streamline negotiations. Our platform allows users to access a comprehensive contract market database, enabling them to explore thousands of contract clauses. This data-driven approach not only enhances the accuracy of contract reviews but also helps users benchmark their agreements against industry standards. With features like Contract Certification and seamless collaboration tools between legal and sales teams, businesses can significantly reduce negotiation times and costs. The AI reviews are designed to identify key clauses and potential issues quickly, allowing for faster decisions and ultimately accelerating the sales cycle. By proving the fairness of their terms, businesses can build trust with clients, leading to higher sales velocity and improved customer relationships.

Usage

To start using TermScout, create your account by signing up for the free plan. Once you have access, explore the Public Contract Database to familiarize yourself with various contract clauses. Utilize AI contract reviews to analyze your agreements and receive third-party validation with the Certify™ feature. Collaborate with your team to streamline your contract processes and improve your sales velocity. Follow the prompts in the platform to access benchmarking tools and enhance your contract terms.

Sales Negotiations

Use TermScout to streamline negotiations by providing certified contracts that minimize objections and speed up approval processes.

Contract Review

Employ AI contract reviews to quickly analyze terms and identify potential risks, ensuring compliance and fairness.

Market Research

Access the contract database to benchmark against competitors and improve your contract terms.

Proposal Submissions

Enhance your proposals with certified contract terms to win more RFPs and build client trust.

Internal Collaboration

Facilitate collaboration between sales and legal teams to ensure that contracts are aligned with business goals.

Customer Onboarding

Use certified contracts to expedite customer onboarding processes, ensuring a smooth transition.

Features

• AI Contract Reviews: Utilize AI technology to quickly analyze and review contracts, significantly reducing the time spent on manual reviews.
• Contract Certification: Certify your contracts with third-party validation to prove their fairness and build customer trust.
• Contract Market Data: Access a vast database of thousands of contract clauses to create optimal agreements.
• Benchmarking: Compare your contracts against industry standards to ensure best-in-class terms and conditions.
• Seamless Collaboration Tools: Facilitate teamwork between sales and legal departments to streamline contract negotiations.
• User-Friendly Interface: Enjoy an intuitive platform that simplifies contract management and enhances user experience.

Free (Monthly): $0

• Explore the Public Contract Database
• 3 free AI contract reviews
• Share feature

Scout (Monthly): $129

• 10 AI reviews per month
• Rare Clause Radar
• AI Legal Assistant
• Term Sheets
• Compare tool
• Insights tool
• Standard playbooks

FAQ

1. Can I cancel my TermScout subscription anytime?

Yes, monthly subscribers can cancel their subscription at any time with a hassle-free process.

2. How much does TermScout's Certify™ cost?

Certify™ offers various plans including Basic, Pro, and Premium, with prices starting at $300 per month.

3. How long does an AI contract review take?

The average AI contract review takes about 5-7 minutes depending on the document's complexity.

4. Can I add more Scout seats to my plan?

Yes, you can add additional Scout seats for $49 per month per user.

5. What is the accuracy of TermScout's AI reviews?

The minimum AI-only accuracy is 85%, with the option to achieve 99% accuracy through Verification.

6. How does TermScout help in contract negotiations?

TermScout helps reduce negotiation time by providing certified contracts that prove fairness and minimize objections.

7. Is there a free trial available for TermScout?

Yes, TermScout offers a free plan which includes access to the Public Contract Database and 3 free AI contract reviews.

8. What features are included in the Scout plan?

The Scout plan includes 10 AI contract reviews per month, Rare Clause Radar, AI Legal Assistant, and more.