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TermScout Logo

TermScout

Software for reviewing and creating contracts

(1)

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TermScout Pricing, Features, Reviews and Alternatives

TermScout FAQs

Q. What type of pricing plans does TermScout offer?

TermScout has the following pricing plans:
Starting from: $99.00/month
Pricing model: Free, Subscription

These products have better value for money


Q. Who are the typical users of TermScout?

TermScout has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Small Business


Q. What languages does TermScout support?

TermScout supports the following languages:
English


Q. Does TermScout offer an API?

No, TermScout does not have an API available.


Q. What level of support does TermScout offer?

TermScout offers the following support options:
Email/Help Desk, FAQs/Forum

TermScout product overview

Price starts from

99

Per month

Other

What is TermScout?

TermScout is a contract review platform that enables law firms, corporations, and investment firms to gain insights into contracts. It uses artificial intelligence (AI) technology to analyze contracts and extract key terms.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
FAQs/Forum

Not sure about TermScout? Compare it with a popular alternative

Starting from

99

Per month

Other

Free plan
Free trial
Pricing range

Starting from

35

/user

Per month

Free plan
Free trial
Pricing range
Ease of use
Value for money
Customer support
Ease of use
Value for money
Customer support
Why am I seeing this?

TermScout pricing information

Value for money

5.0

/5

5

Starting from

99

Per month

Other

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

TermScout features

Functionality

4.8

/5

5

Total features

12

5 categories

Most valued features by users

Activity Dashboard
Contract Drafting
Data Aggregation and Publishing
Digital Signature
Document Capture
Document Management
Document Review
Document Storage

Functionality contenders

TermScout users reviews

Overall Rating

4.8

/5

5

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10
Rating distribution

5

4

3

2

1

4

1

0

0

0

Overall rating contenders

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Alex R.

Information Technology and Services, 1-10 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

A great way to reduce negotiation time in B2B contracting

Reviewed a year ago

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

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.

JV
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Jessica V.

Information Technology and Services, 10,001+ employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

AI Contract Certification and Benchmarking

Reviewed a year ago

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

Cons

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

AB
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Andy B.

Legal Services, 1,001-5,000 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

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

Reviewed a year ago

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.

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.

DB
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Don B.

Financial Services, self-employed

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Brown Review

Reviewed a year ago

Positive

Pros

The product is easy to use and saves us money on our legal review of agreements.

Cons

There are no downsides that I am aware of.

JS
AvatarImg

Jonathan S.

Information Technology and Services, 201-500 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

New Certify Subscription

Reviewed a year ago

TermScout has been proactive in helping to enable product adoption and use to drive value.

Pros

Easy to have our standard terms reviewed and apply the badge to our contract webpage

Cons

Nothing has been unsatisfactory so far. I hope it will prove useful to our Sales team.

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