How often do IT contracts have penalties for late payments?. ✅ 46% of pre-negotiated vendor contracts have penalties for late payments. ✅ Only 17% of customer forms have such penalties. ✅ Meanwhile, 31% of negotiated contracts carry late payment penalties.

Diving into the world of #ContractCertification 📜. Discover how it's revolutionizing transparency in business contracts, much like the organic stamp does for food. A must-read for the digital age! 🔗 #BusinessTransparency #DigitalContracts

Join us for Office Hours!.🗓 Date: September 7th.⏰ Time: 12 PM MST. Our Director of Client Solutions, Kelsey Morton, JD, will be hosting a 30-minute session. You'll get the chance to:.🔍 See the platform in action. ❓ Ask any questions you might have. 🔗

In IT #contract trends, third-party #IPinfringement consistently tops #indemnification concerns across all contract types. 📑💼 But there's a shift in secondary priorities; check out our images to see what they are 👀

📜✅ Unlocking the Power of Certified Contracts in Business Transactions!. Certified contracts in the business realm offer a seal of assurance for organizations & customers! Dive deep into their importance, roles, and future in our latest article. 🚀. 🔗

#AI + #legaltech go hand-in-hand. Check out the latest episode of @LegalTechStrtUp w/ our CEO @freeplatitudes and host Charles Uniman, as they discuss the world of legal tech today and where it’s headed. Listen here:

Unveiling the power of Contract Certification with our latest blog! Boost trust, reduce disputes, and foster transparency in business. Dive in: #ContractCertification #TermScout #FairBusiness

65% of negotiated contracts have mutual #confidentiality agreements, compared to 49% of vendor pre-negotiated forms and just 24% of customer forms. Negotiation is key for mutual confidentiality, and vendors are leading the way. #DataInsights #BusinessIntelligence

Transform your #LegalOps with #AI powered contract review tools. Get the inside scoop on how to choose the right tool for your needs, future trends, and how TermScout can elevate your review process. Dive in: #LegalTech #ContractReview #TermScout

Introducing our AI Legal Assistant! This advanced contract review tool streamlines legal operations and provides instant answers to contract queries. No more lengthy contract scans - just fast, accurate responses. Here's to a future of frictionless contracting🎉

💼 Manual contract reviews? Time-consuming and error-prone. #AI-powered contract reviews? Efficient, accurate, and insightful.🚀. Read how AI is transforming contract law and how to best implement it. Remember, AI helps, not replaces, your legal team!🤝.

🔒 Did you know? 82% of NDAs feature mutual confidentiality. A clear sign that protection of sensitive info isn't one-sided, but a shared responsibility. Remember this trend in your next NDA negotiation! Balance, trust & risk management in play. #BusinessEthics #NDAs

📣 Big News! 📣 TermScout now offers FULL coverage for Non-Disclosure Agreements (NDAs) in our contract review services! Say goodbye to legal jargon, and hello to transparency & peace of mind. 🕵️‍♀️🔒📑 Scout your first NDA today. #TermScout #NDA #ContractReview

⚖️#AI vs. Manual #ContractReviews: What's the best approach?. 🤖AI: Quick & accurate, but lacks human intuition & has a limited scope. 👨‍💼Manual: Detailed & flexible interpretation, but time-consuming & subjective. Learn more ➡️

🤖📢 Dive into the fascinating world of AI for contracts with our upcoming webinar with @lawinsider. Don't miss out on the chance to chat with our CEO and CTO during the AMA session. Join us on June 28th at 11 AM MST .

🚀#AI is revolutionizing #CorporateLaw & #Procurement! Say hello to AI contract review - transforming lengthy, error-prone contract processes into swift, efficient operations. Discover the future of legal workflows in our latest article.

Experience the power of AI with our updated Predicted™ Review! 🤖 Upload any IT/service contract & simplify your workload. Spot uncommon clauses, get instant responses from our AI legal assistant, or benchmark against similar contracts. Start here:

Tired of time-consuming & error-prone #contractreviews? Discover how #AI streamlines reviews, cuts risks & ensures #compliance in our latest article. #legaltech #aitechnology #procurement #gc . 🔗

Vendors are required to ensure #subprocessors are bound by data or privacy requirements in 54% prenegotiated vendor forms, 46% prenegotiated customer forms, 73% negotiated #contracts, meaning businesses are prioritizing #dataprivacy to meet customer expectations & regulations.

From time-saving efficiencies to risk mitigation, AI contract review is revolutionizing the way we handle contracts. Dive in to learn how this tech can give your business the edge ➡️ #LegalTech #AIContractReview #Efficiency #RiskMitigation