Terms of Service

Effective Date: March 27, 2026 · ProcureCortex, Inc.

1. Overview

These Terms of Service (“Terms”) govern your access to and use of the ProcureCortex platform (“Service”), provided by ProcureCortex, Inc. (“Company,” “we,” “us,” or “our”). By accessing or using the Service, you agree to these Terms.

2. Eligibility

You must be:

  • At least 18 years old
  • Authorized to act on behalf of your organization

If you are using the Service on behalf of a company, you represent that you have authority to bind that entity.

3. Description of Service

ProcureCortex provides:

  • AI-powered vendor risk assessments
  • Document analysis and compliance evaluation
  • Risk scoring and reporting tools

The Service is intended to assist users in evaluating vendor risk and compliance posture.

4. No Legal or Compliance Advice

The Service does not constitute legal, regulatory, or compliance advice. Outputs are informational, based on available data, and not guaranteed to be complete or accurate. Users are responsible for their own compliance decisions.

5. Customer Data

You retain ownership of all data you upload (“Customer Data”). You grant us a limited license to process data, analyze documents, and provide the Service. We do not sell your data.

6. Acceptable Use

You agree not to:

  • Upload unlawful, harmful, or infringing content
  • Attempt to access other customers' data
  • Interfere with system security
  • Reverse engineer or misuse the Service

7. Security

We implement reasonable technical and organizational measures to protect data. However, no system is completely secure. You are responsible for maintaining access credentials.

8. Payment Terms

If you purchase a subscription:

  • Fees are billed annually unless otherwise agreed
  • Invoices are payable according to agreed terms (e.g., Net 30)
  • Fees are non-refundable unless otherwise specified

Failure to pay may result in suspension.

9. Intellectual Property

We retain all rights to the platform, algorithms, models, and software. You retain rights to your data.

10. Confidentiality

Both parties agree to:

  • Protect confidential information
  • Use it only for intended purposes

11. Service Availability

We aim to provide reliable service but do not guarantee uninterrupted access or error-free performance. We may update or modify the Service.

12. Limitation of Liability

To the maximum extent permitted by law:

  • We are not liable for indirect or consequential damages
  • Total liability is limited to fees paid in the preceding 12 months

13. Indemnification

You agree to indemnify ProcureCortex against claims arising from your use of the Service, your data, or violations of these Terms.

14. Termination

We may suspend or terminate access if:

  • Terms are violated
  • Payment is not made

You may terminate use at any time.

15. Governing Law

These Terms are governed by the laws of Delaware.

16. Changes to Terms

We may update these Terms from time to time. Continued use constitutes acceptance.

17. Contact