Back to Home

Terms of Service

Last updated: February 3, 2025

1. Acceptance of Terms

By accessing or using Snag ("Service"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use the Service.

2. Description of Service

Snag provides invoice management, product tracking, and market intelligence tools for restaurant and food service businesses. The Service includes features that aggregate anonymized data from users to provide market insights and pricing benchmarks.

3. Eligibility

The Service is designed for restaurant, café, bar, and food service businesses. Supplier and distributor companies are not eligible for Market Insights features. By using the Service, you represent that you have the authority to bind your organization to these Terms.

4. Market Insights Data Exchange

4.1 Program Overview

Snag offers a Market Insights feature to qualifying subscribers. This feature provides aggregated, anonymized market intelligence derived from invoice data contributed by participants.

4.2 The Data Exchange

Market Insights operates on a mutual contribution model:

  • You contribute: Anonymized invoice data including product names, unit prices, quantities, and categories
  • You receive: Market-wide pricing benchmarks, trends, and comparisons derived from all participants

By using Snag, you understand that your anonymized data becomes part of a shared intelligence pool, and other participants can see aggregated insights that include your anonymized contributions.

4.3 Anonymization Guarantees

Snag commits to the following technical safeguards:

  • Your company name and identity are never revealed to other users
  • Which suppliers you purchase from is never revealed to other users
  • Your individual transaction prices are never displayed to others
  • Invoice numbers, dates, and references are stripped from aggregated data

Note on Supplier Information: Market Insights displays aggregated pricing from suppliers across the Snag network (e.g., "Sysco average price for chicken: $3.42/lb"). Supplier names are visible to help you compare options, but we never reveal which specific suppliers you purchase from or your relationship with any supplier.

4.4 Data Rights

Your Data: You retain ownership of your invoice data in its original form.

Anonymized Data: You grant Snag a perpetual, irrevocable, worldwide, royalty-free license to create anonymized derivatives of your data. Once anonymized, Snag owns all rights to such anonymized data for the purposes of providing the Service.

Snag Will Never:

  • Sell your identifiable data to third parties
  • Reveal which suppliers you purchase from to other users
  • Provide Market Insights to supplier companies

4.5 Opt-Out

Participation in the Market Insights data exchange is a condition of using the Market Insights feature. If you do not wish to participate, you may continue to use other Snag features without accessing Market Insights.

5. User Accounts

You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account.

6. Acceptable Use

You agree not to:

  • Use the Service for any unlawful purpose
  • Attempt to reverse-engineer or re-identify anonymized data
  • Misrepresent your business type to gain unauthorized access to features
  • Share your account credentials with unauthorized parties
  • Interfere with or disrupt the Service or servers

7. Intellectual Property

The Service and its original content, features, and functionality are owned by Snag and are protected by international copyright, trademark, and other intellectual property laws.

8. Disclaimer of Warranties

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. SNAG DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE.

9. Limitation of Liability

IN NO EVENT SHALL SNAG BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING OUT OF OR RELATING TO YOUR USE OF THE SERVICE.

10. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify users of material changes by posting the updated Terms on this page and updating the "Last updated" date. Your continued use of the Service after changes constitutes acceptance of the new Terms.

11. Termination

We may terminate or suspend your account and access to the Service at our sole discretion, without prior notice, for conduct that we believe violates these Terms or is harmful to other users, us, or third parties.

12. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions.

13. Contact Us

If you have any questions about these Terms, please contact us at legal@snag.com

By using Snag, you acknowledge that you have read and understood these Terms of Service and agree to be bound by them.