Calculom — AI-Powered Financial Reporting Add-In for Excel & Google Sheets
Effective Date: March 7, 2026 | Version 1.0
For the purposes of this Agreement, the following terms shall have the meanings set forth below:
Subject to the terms and conditions of this Agreement and payment of applicable Subscription fees, the Company hereby grants You a limited, non-exclusive, non-transferable, revocable license to:
The specific features, delivery methods, and deployment options available to You are determined by Your Subscription tier and may vary. The Company reserves the right to determine and modify how the Software is delivered and accessed. No Subscription tier guarantees a particular delivery method or the right to locally install the Software unless explicitly stated in writing by the Company for that tier.
This license is conditioned upon Your compliance with all terms of this Agreement. The Software is licensed, not sold, and the Company retains all rights not expressly granted herein.
The Software is offered under multiple Subscription tiers, each with defined capabilities, user limits, and ERP company connections. Your specific entitlements are determined by the Subscription tier You have purchased. You agree to use the Software only within the scope of Your active Subscription.
The Company reserves the right to modify Subscription tier features, pricing, and limits with reasonable notice. Changes to pricing shall not affect Your current billing cycle but may apply upon renewal. Feature changes that materially reduce the functionality of Your current tier will be communicated at least thirty (30) days in advance.
You agree that You shall NOT:
The AI Features within the Software require the User to supply their own API Key from a supported third-party AI provider. The Company does not provide, manage, or store AI API keys on Your behalf. You are solely responsible for obtaining, securing, managing, and bearing the costs associated with Your API Key(s).
Your use of AI Features is subject to the terms of service, usage policies, and pricing of Your chosen third-party AI provider. The Company is not a party to any agreement between You and Your AI provider and assumes no liability for the AI provider's services, output accuracy, availability, pricing changes, or data handling practices.
When You use AI Features, certain Financial Data and contextual information from Your spreadsheet may be transmitted to the third-party AI provider via Your API Key. The Company designs these transmissions to include only the minimum data necessary to fulfill Your request. However, You acknowledge that data processing by the third-party AI provider is governed by that provider's privacy policy, and the Company is not responsible for how the AI provider processes, stores, or uses Your data.
The Software connects to Your ERP Instance to retrieve Financial Data for the purpose of report generation. Your Financial Data remains under Your ownership and control at all times. The Company does not store, retain, or access Your Financial Data on its servers beyond what is strictly necessary for the Software to function during an active session.
Financial Data retrieved from Your ERP Instance is processed locally within Your spreadsheet application (Excel or Google Sheets). The Company implements commercially reasonable security measures to protect data during transmission between the Software and Your ERP Instance.
The Company does not sell, share, or monetize Your Financial Data or personal information. Any data collection required for licensing, authentication, or product improvement is described in our Privacy Policy, available on our website. By using the Software, You agree to the data practices described in the Privacy Policy.
You are responsible for maintaining the security of Your ERP Instance credentials, API Keys, spreadsheet files, and any devices through which the Software is accessed. You are also responsible for ensuring that Your use of the Software complies with applicable data protection regulations (including GDPR, CCPA, and similar laws) that may govern Your Financial Data.
The Software, including but not limited to its source code, object code, algorithms, templates, user interface, design, documentation, and all associated intellectual property rights, are and shall remain the exclusive property of the Company. This Agreement does not grant You any ownership interest in the Software.
All trademarks, service marks, trade names, and logos associated with the Software are the property of the Company. You may not use the Company's marks without prior written consent.
Reports, analyses, and other outputs generated by You through the Software using Your data are owned by You, subject to the Company's underlying intellectual property in the Software and templates used to create such outputs.
The Company may, from time to time, release updates, patches, enhancements, or new versions of the Software. These updates may be delivered automatically or may require manual action, depending on Your platform and Subscription tier.
Updates are subject to this Agreement unless accompanied by a revised agreement, in which case the revised agreement shall govern. The Company reserves the right to modify, suspend, or discontinue any feature or functionality of the Software with reasonable prior notice. Continued use of the Software after any modification constitutes Your acceptance of such changes.
The Company does not warrant that: (a) the Software will meet all of Your requirements; (b) the Software will operate uninterrupted, error-free, or in combination with any other hardware, software, system, or data; (c) errors or defects will be corrected; (d) the results obtained from use of the Software, including AI-generated outputs, will be accurate, reliable, or complete; or (e) the Software will be compatible with future versions of Microsoft Excel, Google Sheets, or any supported ERP system.
You acknowledge that financial reporting and analysis involve inherent complexities and that the Software is a productivity tool intended to assist — not replace — qualified financial professionals and proper review processes.
THE COMPANY'S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED THE TOTAL FEES PAID BY YOU TO THE COMPANY FOR THE SOFTWARE DURING THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.
These limitations apply even if the Company has been advised of the possibility of such damages and regardless of whether any remedy fails of its essential purpose.
You agree to indemnify, defend, and hold harmless the Company and its officers, directors, employees, agents, and affiliates from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to: (a) Your use of the Software; (b) Your violation of this Agreement; (c) Your violation of any applicable law or regulation; (d) any inaccuracy in Financial Data You provide or generate using the Software; or (e) any claim by a third party related to Your use of the Software or outputs generated therefrom.
This Agreement is effective as of the date You first install, access, or use the Software and shall remain in effect for the duration of Your active Subscription, unless terminated earlier in accordance with this Section.
You may terminate this Agreement at any time by ceasing all use of the Software, removing it from all devices and platforms where applicable, and canceling Your Subscription through the account management process. No refunds will be issued for partial billing periods unless otherwise required by applicable law.
The Company may terminate this Agreement and Your license immediately, with or without notice, if: (a) You breach any material term of this Agreement; (b) You fail to pay Subscription fees when due; (c) You engage in fraudulent, abusive, or illegal activity in connection with the Software; or (d) the Company discontinues the Software entirely.
Upon termination, Your license to use the Software immediately ceases. You must discontinue all use of the Software and remove or destroy any locally stored copies in Your possession, if applicable. Termination does not affect any Financial Data stored in Your spreadsheets or ERP Instance, which remains under Your control. Sections 4, 5.3, 6, 7, 9, 10, 11, 15, and 16 shall survive termination of this Agreement.
The Software may include or depend upon third-party libraries, components, or services, including but not limited to Microsoft Office APIs, Google Workspace APIs, ERP system APIs (such as XML-RPC, REST, or OData interfaces), and third-party AI provider APIs. These components are subject to their own license terms and conditions. The Company shall not be liable for any issues arising from third-party components, including changes to their availability, functionality, pricing, or terms.
You acknowledge that the operation of the Software depends on the continued availability and compatibility of these third-party services, and the Company makes no guarantees regarding their uninterrupted availability.
You agree to comply with all applicable export and import laws and regulations in connection with Your use of the Software. You represent and warrant that You are not located in, under the control of, or a national or resident of any country to which export of the Software would be restricted or prohibited.
This Agreement shall be governed by and construed in accordance with the laws of the State of [YOUR STATE], United States, without regard to its conflict of law provisions.
Any dispute arising out of or related to this Agreement shall first be attempted to be resolved through good-faith negotiation between the parties for a period of thirty (30) days. If the dispute cannot be resolved through negotiation, it shall be submitted to binding arbitration administered in accordance with the rules of the American Arbitration Association. The arbitration shall take place in [YOUR CITY, STATE], and the decision of the arbitrator shall be final and binding.
TO THE FULLEST EXTENT PERMITTED BY LAW, YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.
This Agreement, together with the Privacy Policy and any applicable Subscription terms, constitutes the entire agreement between You and the Company with respect to the Software and supersedes all prior or contemporaneous communications, proposals, and agreements, whether oral or written.
If any provision of this Agreement is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect. The invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid and enforceable.
The failure of the Company to enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. Any waiver must be in writing and signed by an authorized representative of the Company.
You may not assign or transfer this Agreement or any rights or obligations hereunder without the prior written consent of the Company. The Company may assign this Agreement without Your consent in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets.
Any notices required or permitted under this Agreement shall be sent to the contact information provided in Section 17. The Company may also provide notices through the Software interface or via the email address associated with Your account.
The Company shall not be liable for any failure or delay in performance due to causes beyond its reasonable control, including but not limited to acts of God, natural disasters, pandemic, war, terrorism, labor disputes, government actions, power failures, internet or telecommunications failures, or third-party service outages.
The Company reserves the right to modify this Agreement at any time. Material changes will be communicated via email or through the Software at least thirty (30) days before taking effect. Your continued use of the Software after such changes constitutes acceptance of the revised Agreement. If You do not agree with the revised terms, You must stop using the Software and cancel Your Subscription.
If You have any questions, concerns, or requests regarding this Agreement, please contact us:
Calculom
Email: [email protected]
Website: www.calculom.com
By checking the box below and clicking "I Agree," You acknowledge that You have read, understood, and agree to be bound by all terms and conditions of this End-User License Agreement.