Software as a Service (SaaS) companies are adding Generative Artificial Intelligence (Generative AI) features to their offerings. These features come with additional legal risks and requirements, which means updates to Terms, Privacy Policies, and agreements in general are necessary. This post assumes that your SaaS offering has a well laid out Terms, and will give you a high level overview of key updates specifically for Generative AI Features.
The Importance of Terms of Use for B2B SaaS Companies
For B2B SaaS companies, ensuring legal compliance and establishing clear guidelines for the use of services is very important. This is where the “Terms of Use” comes in. This document serves as an important framework that governs the relationship between the SaaS provider and its users. This post is a high level overview of Terms of Use for B2B SaaS companies.