Vendor contract scanner for serious business risk review
Review vendor contracts with AI before your business signs. ExplainMyTerms highlights financial, legal, operational, and data risk so teams can negotiate better terms and avoid expensive surprises.
Fast first-pass business review. Legal advice still matters for high-stakes deals.
Example vendor risk output
BUSINESS REVIEW- • No clear liability cap
- • Unilateral change rights
- • Auto-renewal notice window
- • Weak termination flexibility
- • Cap liability to 12 months of fees
- • Add 30-day termination for convenience
- • Require written consent for material term changes
Financial risk
Spot auto-renewal traps, hidden fees, weak payment protections, and liability exposure before they become expensive.
Legal risk
Detect one-sided indemnities, missing liability caps, weak termination rights, and broad vendor-friendly clauses.
Operational risk
Review service levels, support commitments, transition support, and delivery obligations that affect real execution.
Data risk
Identify data protection gaps, weak security wording, unclear processor obligations, and risky vendor data terms.
What the scanner is built for
- • SaaS subscription agreements
- • Vendor and supplier contracts
- • Consulting and agency agreements
- • Software license agreements
- • MSAs, SOWs, and service contracts
- • Procurement and renewal reviews
What your team gets
- • Vendor contract risk score
- • High, medium, and low risk findings
- • Plain-English clause explanations
- • Negotiation recommendations
- • Business-focused procurement summary
- • Exportable review report
From £59.99/month
Designed for businesses that need a faster first-pass review of vendor contracts, renewal terms, data risks, and procurement exposure.
What does a vendor risk score actually mean?
Understand how vendor risk scoring works across legal, financial, operational, and data risk so your team can interpret results more confidently.
Review vendor terms before they become business problems
Upload a vendor contract, SaaS agreement, software license, or procurement document and get a business-focused risk review in plain English.