TermScout 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

TermScout

4.8

(5)

Pricing

Starting at $99.00 per month

About TermScout

TermScout is a tool for sourcing contract data and automating contract analysis. The platform allows users to benchmark their contracts against competitors to track market trends and draft personalized contracts.

TermScout automatically reviews contracts and identifies negotiable points, violations and key points using artificial intelligence (AI) technology. Users can also utilize the pre-defined templates to create custom contracts.

TermScout Screenshots

TermScout Pricing and Plans

Starting price: $99.00 per month

Free Trial

Free Version

Basic

$99.00

per month

No plan information available

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TermScout Features

Popular features found in Contract Management
Access Controls/Permissions
Alerts/Notifications
Approval Process Control
Electronic Signature
Full Text Search
Team Collaboration
Third-Party Integrations
Version Control
Workflow Management
More features of TermScout
Activity Dashboard
Contract Drafting
Contract Negotiation
Data Aggregation and Publishing
Digital Signature
Document Capture
Document Management
Document Review
Document Storage
For Legal Professionals
Self-Service Search
Templates

TermScout User Reviews

Overall Rating

4.8

Ratings Breakdown

80%

20%

Secondary Ratings

Ease of Use

4.8

Value for money

5.0

Customer support

5.0

Functionality

4.8

Have you used TermScout and would like to share your experience with others?

Alex R.

Verified reviewer

Information Technology and Services

2-10 employees

Used monthly for less than 2 years

Reviewed February 2023

A great way to reduce negotiation time in B2B contracting

Great team, helpful support. TermScout is really leading the way to make contracting easier for B2B organizations like mine.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

TermScout helps me to cut down the time to negotiate complex B2B contracts. By clearly indicating how our terms compare to other companies' TermScout removes friction from the process. Buyers like a 3rd party review of our documents.

Cons:

The only issue is that TermScout is not yet an industry standard, so I sometimes have to explain to buyers what it is and how it works.

Jessica V.

Verified reviewer

Information Technology and Services

10000+ employees

Used weekly for less than 12 months

Review source

Reviewed February 2023

AI Contract Certification and Benchmarking

My experience with TermScout has been incredibly positive, they offer unmatched support and a product that provides a great deal of value. I am thrilled with the results thus far and look forward to continued progress.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

- It is very easy to use and navigate- The report card functionality makes it easy to digest the information provided- The ability to certify my templates if they are market balanced or better- The team, they are phenominal - Customer service / support is top notch - Ability to use the marketplace or a playbook as the review criteria - The ability to choose between AI only or AI + human in the loop

Cons:

No cons to report at this time, everything is going very well.

Andy B.

Verified reviewer

Legal Services

1001-5000 employees

Used weekly for more than 2 years

Reviewed February 2023

TermScout Gives Contract Negotiators a Significant Edge and Approvers Excellent Risk Transparency

Really enjoy working with the TS team and honing the software to be a key piece of the workflow for many clients who have a high volume contracts and limited people resources to review each one.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to understand assessment of third party contracts. Provides objective data and excellent supplemental information that provides a real advantage for negotiations. Easily customizable to assess contracts against a client's particular standards and requirements. Provides excellent first pass reviews of 3rd party contracts using both industry data and client specifications. TermScout service and product teams are really great to work with.

Cons:

The TS software is not yet able to apply conditional logic (e.g., if the answer to Q1 is yes, then ask Q2, but if the answer to Q1 is no, then ask Q3 not Q2; or if the answer to Q1 is yes, then the range of acceptable answers to Q4 changes). Lawyers typically apply such condidtional logic to indemnities, warranties, and limits of liability, and other interconnected contractual clauses.

Don B.

Verified reviewer

Financial Services

Self-Employed

Used monthly for less than 12 months

Review source

Reviewed March 2023

Brown Review