Tool Overview:
Termly

About Termly

Termly is a compliance solutions provider that helps businesses manage their privacy obligations and legal requirements through automated tools and services. The platform serves over 1 million businesses, focusing on creating and maintaining legal policies and consent management for websites, blogs, and applications. Termly positions itself as an alternative to traditional legal services, offering automated compliance solutions at a significantly lower cost than engaging attorneys directly.

What does Termly do?

At its core, Termly provides a suite of compliance tools designed to help businesses navigate complex privacy regulations such as GDPR, CCPA, PIPEDA, and the ePrivacy Regulation. The platform's primary function is to generate and maintain legal policies through its state-of-the-art software that creates customized documentation based on each business's specific needs. These policies can be implemented through simple integration options, requiring users to only copy and paste a link or code snippet onto their website.

The platform includes a cookie consent management system that addresses the requirements of data privacy laws, particularly focusing on the consent requirements outlined in GDPR and the ePrivacy Directive. This system helps businesses maintain compliance with complex consent laws while managing user preferences for data collection and processing.

A key feature of Termly's service is its automated policy update system. When new laws or regulations come into effect, the platform automatically updates all policies to ensure continued compliance. This automation helps businesses maintain current documentation without requiring constant manual oversight or legal consultation.

What makes Termly different?

The primary distinguishing factor of Termly is its approach to making legal compliance accessible through automation. Instead of requiring businesses to engage directly with attorneys, the platform leverages technology to generate and maintain legal documentation. This approach allows Termly to offer its basic compliance solutions at no cost, making it particularly accessible for smaller businesses and startups that may find traditional legal services cost-prohibitive.

Termly's system creates customized policies rather than using generic templates. The software generates documentation tailored to each business's specific circumstances and requirements, while maintaining compliance with relevant regulations. This customization extends to various types of legal documents, including terms of service, privacy policies, and end-user license agreements.

Use cases and industries

Termly serves a broad range of business types, from individual bloggers to e-commerce platforms and application developers. The platform's services are particularly relevant for businesses that collect user data, operate websites, or provide digital services to customers. Its scalability makes it suitable for organizations of varying sizes, though its positioning and pricing structure suggest a focus on smaller to medium-sized businesses seeking cost-effective compliance solutions.

The platform addresses several key use cases, including the creation and maintenance of privacy policies, terms of service, and end-user license agreements. It provides specific solutions for businesses operating under different jurisdictional requirements, helping them navigate the complexities of international privacy laws. The automated nature of the service makes it particularly suitable for businesses that lack dedicated legal resources or require frequent policy updates to maintain compliance with evolving regulations.