Who handles data preparation after a company is accepted?

Who Handles Data Preparation After a Company Is Accepted?

After a company is successfully referred and enters a licensing agreement, SourceX manages the data preparation, delivery, and payment collection according to the terms of the approved transaction. Referral partners are not involved in handling sensitive company data, and the referred company maintains control over what information is shared and its scope.

SourceX's Role in Data Management

SourceX's responsibilities encompass several key stages once a company is approved for a data licensing partnership:

Evaluation: Assessing the data's relevance and potential value to buyers. Permissions: Ensuring all necessary consents and rights are secured for data licensing. Contracting: Formalizing agreements with both the data owner and the AI buyer. Preparation: Organizing, anonymizing, and structuring the data for buyer programs. Delivery: Transmitting the prepared data to the AI buyer securely. Payment Collection: Managing the financial aspects of the transaction.

This structured approach ensures that data is handled professionally, securely, and in compliance with all agreements.

What Each Party Controls

Understanding the distinct roles of each participant helps clarify the data handling process:

You (the Referral Partner): Your primary role is to make the initial introduction to an eligible business. You do not need to export, upload, or describe any confidential company records. Your involvement concludes with a successful introduction, leading to a potential reward if the deal progresses. The Referred Company: The company retains full control over its data. It decides whether to proceed with a licensing partnership, determines the specific scope of data it is willing to offer, and agrees to the commercial terms. Nothing is shared without the company's explicit approval. SourceX:* As detailed above, SourceX acts as the intermediary, facilitating the entire process from evaluation to delivery and payment. This includes the hands-on work of preparing the data for the buyer's requirements.

This division of responsibilities ensures that referral partners can focus on making valuable connections, companies can confidently license their proprietary data, and SourceX can efficiently manage the technical and logistical aspects of data transactions.

The Referral Process Overview

To put data preparation in context, consider the overall referral journey:

1. Register and Get Your Referral Link: You sign up for the program and receive your unique link. You can also submit introductions directly from your dashboard.
2. Introduce an Eligible Business: You connect SourceX with a founder or executive who can discuss data licensing.
3. SourceX Reviews the Opportunity: We assess the company's operating history, data rights, and relevance to buyer programs. At this stage, metadata-level discussions occur, not data sharing.
4. The Company Completes a Qualifying Licensing Deal: The company decides the data scope and agrees to terms, giving consent for SourceX to begin its work.
5. Data is Accepted and Buyer Payment is Received: SourceX handles the preparation and delivery, and the buyer accepts the data, triggering payment.
6. Your Reward Becomes Eligible for Approval and Payment: Once payment is confirmed and processed, your reward is calculated.

For more details on eligible businesses, visit our page on who qualifies.

What You Never Do

It's crucial for referral partners to remember that you are never asked to export or send actual company data. Discussion remains at a metadata level, and the company's consent is always paramount before any data-related actions are taken.