Bonterms for Procurement

Bonterms for Procurement

Bonterms for Procurement

  1. The Contract Paradox

You're not lawyers. But getting the legal terms done falls on your plate.

What you care about:

  • How will the vendor use our data?

  • What happens on breach?

  • Are term, renewal, and pricing mechanics right?

What you're stuck reviewing:

  • Warranty

  • Indemnity

  • Limitation of liability

These should be settled—invisible unless there's a reason to look. Instead, you're spending 70% of your time on 30% of your spend.

Bonterms creates that separation. The Standard handles the terms you shouldn't have to think about. Your attention goes where it belongs.

"We want our procurement team to be data detectives, not buried in redlines. Using Bonterms allows us to leverage balanced, best-practice terms and focus directly on the data, security and other issues we care most about in procurement."

— Rob Walker, Director, Corporate Legal, New Relic

"We want our procurement team to be data detectives, not buried in redlines. Using Bonterms allows us to leverage balanced, best-practice terms and focus directly on the data, security and other issues we care most about in procurement."

— Rob Walker, Director, Corporate Legal, New Relic

2. A Full Suite of Agreements.

Building and maintaining a procurement contracts library isn't your job. Bonterms gives you a complete set of Standard Agreements: Cloud Terms (SaaS), Professional Services, Software, DPA, BAA, SLA, NDA, and more. Vetted and updated as the market moves. Ready to send.

  1. Review Once. Use Everywhere.

The Standard doesn't change deal-to-deal. So Legal's approval travels with it to your next vendor, and the one after that.

One review unlocks your entire pipeline. Tier 3 and Tier 4 vendors stop being a time sink or even a legal terms negotiation.

4. Current Process = A Planned Fail

The process opens with a fight over whose paper to use. The vendor usually wins. Their big prize? Your redlines and frustration.

A shared Standard lets you both vault over this straight to a deal that's nearly done.

5. Flip the Script

There's a window at the start of every deal where the vendor asks:
"how can I help?"

Send them the Bonterms invite: "If you can get all the lights to green, this doesn't even go to my Legal."

You're working from an approved baseline. Deviations live on the Cover Page—if it's not there, it's the Standard. Their sales rep hates this process as much as you do. Let them work for both of you.

You're working from an approved baseline. Deviations live on the Cover Page—if it's not there, it's the Standard. Their sales rep hates this process as much as you do. Let them work for both of you.

STANDARDS

STANDARDS

STANDARDS

Why the Standards Hold Up

Bonterms operates on Standard Agreements. Standards aren't a compromise:


  • Vetted by a 120+ attorney Committee (vendor, customer and law firms)

  • Based on templates used across billions in transactions

  • Standard Agreement of Atlassian Marketplace

  • Distributed by Docusign

  • Free and open—the other side pays nothing to receive or sign

  • Best-practice, neutral and completely defensible.


  • Vetted by a 120+ attorney Committee (vendor, customer and law firms)

  • Based on templates used across billions in transactions

  • Standard Agreement of Atlassian Marketplace

  • Distributed by Docusign

  • Free and open—the other side pays nothing to receive or sign

  • Best-practice, neutral and completely defensible.


  • Vetted by a 120+ attorney Committee (vendor, customer and law firms)

  • Based on templates used across billions in transactions

  • Standard Agreement of Atlassian Marketplace

  • Distributed by Docusign

  • Free and open—the other side pays nothing to receive or sign

  • Best-practice, neutral and completely defensible.


  • Vetted by a 120+ attorney Committee (vendor, customer and law firms)

  • Based on templates used across billions in transactions

  • Standard Agreement of Atlassian Marketplace

  • Distributed by Docusign

  • Free and open—the other side pays nothing to receive or sign

  • Best-practice, neutral and completely defensible.

6. Legal and Commercials.
Done Together.

Usually, the deal is scattered. The contract is with Legal, the Order Form is with the business owner, and you're stuck in the middle chasing email threads.

Bonterms lets you solve for the whole deal at once. Negotiate the Order Form alongside the Cloud Terms (SaaS), or the SOW next to the PSA—same invite, same momentum.

One flow for everything you buy.

How Bonterms Gets Deployed:

3 LEGAL ARCHITECTS
20x SCALE
62 BUSINESS SENDERS

How Bonterms Gets Deployed:

3 LEGAL ARCHITECTS
20x SCALE
62 BUSINESS SENDERS

How Bonterms Gets Deployed:

3 LEGAL ARCHITECTS
20x SCALE
62 BUSINESS SENDERS

The vendor says they want to help. Let them.

Schedule a demo of Bonterms for Procurement

The vendor says they want to help. Let them.

Schedule a demo of Bonterms for Procurement

The vendor says they want to help. Let them.

Schedule a demo of Bonterms for Procurement

The vendor says they want to help. Let them.

Schedule a demo of Bonterms for Procurement