What are Privacy Policies and can I review them with TermScout?
Privacy policies can be reviewed in TermScout, but they are generally not eligible for benchmarking or TrustMark™ certification.
A privacy policy is a document that explains how an organization collects, uses, stores, and protects personal data.
These documents typically describe:
- what data is collected
- how it is used
- how it is shared
- what rights users have under applicable privacy laws
Privacy policies are primarily disclosure documents. They are designed to inform users, not to reflect negotiated positions between two parties.
TermScout can review privacy policies and provide visibility into their structure and content. However, they are not the primary focus of contract benchmarking or certification.
Why privacy policies are different
TermScout is designed to evaluate negotiated agreements, where terms reflect back-and-forth between parties.
Privacy policies:
- are not negotiated
- do not follow consistent market positioning
- are not suitable for benchmarking
Because of this, they are generally not eligible for TrustMark™ certification and may not produce meaningful benchmarking comparisons.
What this means in practice
You can review privacy policies in TermScout for insight and understanding, but the strongest value comes from analyzing negotiated agreements such as services agreements, SaaS terms, and vendor contracts.