TermScout
About TermScout
TermScout Pricing
TermScout is available via the following plans: Free - $0/month Scout - $99/month Pro - $899/month
Starting price:
$99.00 per month
Free trial:
Not Available
Free version:
Available
Most Helpful Reviews for TermScout
1 - 5 of 5 Reviews
Alex
Verified reviewer
Information Technology and Services, 2-10 employees
Used monthly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
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.
PROSTermScout 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.
CONSThe 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
Information Technology and Services, 10,000+ employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
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.
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
CONSNo cons to report at this time, everything is going very well.
Andy
Legal Services, 1,001-5,000 employees
Used weekly for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
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.
PROSEasy 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.
CONSThe 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
Financial Services, 1 employee
Used monthly for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2023
Brown Review
Positive
PROSThe product is easy to use and saves us money on our legal review of agreements.
CONSThere are no downsides that I am aware of.
Jonathan
Information Technology and Services, 201-500 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2023
New Certify Subscription
TermScout has been proactive in helping to enable product adoption and use to drive value.
PROSEasy to have our standard terms reviewed and apply the badge to our contract webpage
CONSNothing has been unsatisfactory so far. I hope it will prove useful to our Sales team.