Hyland's Customer Agreements Achieve TermScout Certification for Favorability
In a significant advancement for customer trust and contract transparency, Hyland has recently announced that four of its customer agreements have received certification from TermScout. This recognition underscores Hyland's dedication to establishing clear and beneficial contractual practices, which ultimately empower clients in their competitive endeavors.
The certifications, awarded by TermScout – a cutting-edge contract intelligence platform – are not merely ceremonial. They stem from an exhaustive evaluation process that analyzes over 750 data points and benchmarks against a wide array of contracts. Hyland's agreements performed exceptionally well in this scrutiny, achieving an impressive 80% favorability rating for its SaaS, PaaS, and Content Innovation Cloud agreements. Specifically, Hyland's Content Innovation Cloud contract stands out by being more customer-friendly than 96% of similar contracts analyzed, while its SaaS and PaaS contracts surpassed 95% of counterparts in terms of customer favorability.
Abby Moskovitz, the chief legal officer at Hyland, emphasizes that this achievement reflects the company’s commitment extends even to the minutiae of their terms and conditions. She expressed that the TermScout certifications validate Hyland's concerted efforts to ensure that contracts are both transparent and customer-friendly. This effort not only facilitates smoother negotiation processes for clients but also gives Hyland's partners a competitive advantage in the fast-paced digital landscape.
Olga V. Mack, CEO of TermScout, shared her enthusiasm for the collaboration, highlighting it as a testament to Hyland's integrity and focus on customer benefit. Her organization rewards such dedication with the Certify™ Badge, a third-party acknowledgment aimed at enhancing trust in B2B agreements.
The relevance of these certifications cannot be overstated, especially in an era where businesses are increasingly turning to digital solutions. With Hyland leading the charge in customer-centric contractual practices, organizations can expect more streamlined negotiations and fundamentally improved trust with their vendors.
Hyland continues to evolve and support organizations in harnessing unified content, process, and application intelligence solutions. With a solid foundation built on customer trust and innovative methodologies, Hyland stands committed to redefining how organizations operate and connect with those they serve.
As the digital landscape grows increasingly complex, Hyland’s proactive approach, further complemented by the certified contractual favorability, positions it to aid clients not just as a service provider but as a strategic partner in their success. Discover more about Hyland’s approach to innovative solutions at Hyland.com, and explore TermScout’s offerings at their official site to see how contract intelligence can transform B2B interactions.
In conclusion, Hyland's recent accolade from TermScout is a defining moment for both the company and the industry, heralding a new standard in customer-favorable practices in contract law that prioritizes clarity, transparency, and mutual trust. It is an invitation for businesses to reconsider how they draft their contracts in a market that favors trust and innovation above all else.