Tech Contracts
8 Deal Breakers in Tech Contracts
Otto Hanson, Founder & CEO, Termscout & Screens
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ABOUT THIS SCREEN
Designed For:
Buyers or users of any type of IT services (SaaS, software, PaaS, etc.).
Purpose:
This screen contains 8 standards that are all considered by TermScout and its IT contract advisory panel to be deal breakers for customers. For many sophisticated buyers of IT services, the failure of any of these standards would constitute a deal breaker without special approval. The questions in this screen are designed to provide the user with background information about the contract.
Limitations, Assumptions, Details:
This screen has been tested against a random sample of 8 vendor SaaS contracts. The overall accuracy across that sample set was 93% across all questions and standards.
ABOUT THE AUTHOR
Otto Hanson
Otto is the co-founder and CEO of TermScout and Screens. TermScout has a team of contract prompt engineers that can create and validate screens for clients based on their existing playbooks or templates. Prior to getting into legal tech, he practiced law at Davis Graham and Stubbs LLP in Denver, Colorado, primarily in the field of technology transactions.
Interested in working with us? Get in touch at sales@screens.ai or sales@termscout.com