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Enterprise Layer Intelligence
Categories/Legal Tech/Bonterms
Bonterms

Bonterms

Founded 2021

Draft, negotiate, and sign standard commercial contracts without lengthy redlines

You can use Bonterms to manage standard commercial contracts and avoid lengthy legal redlining during deals. It provides vetted standard agreements for non-disclosure agreements, cloud software terms, professional service contracts, and data privacy agreements. Instead of arguing over whose legal paper to use, both parties negotiate using pre-approved alternatives and balanced terms. Sales reps, procurement teams, and in-house counsel can send agreements, resolve terms, collect digital signatures, and close business transactions in minutes while keeping consistent legal terms across every contract.

What Bonterms does

Generate mutual and one-way NDAsSelect pre-approved alternative contract termsReview incoming vendor agreementsSign cloud service and software license agreementsAttach standard data processing addendums to dealsExecute contractor and professional services agreementsCollect electronic signatures on commercial agreementsStandardized legal agreements for NDAs, software licensing, and servicesAuto-accept alternatives that replace back-and-forth redline negotiationsPre-negotiated data privacy agreements validated for US and European rulesFree downloadable standard templates for commercial transactionsFast execution workflows for high-volume merger and acquisition NDAsNeutral terms curated by a committee of over a hundred commercial lawyersStandard contract framework suitable for marketplace software listings

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Bonterms, standard agreements, NDA, DPA, BAA, Cloud Terms, PSA, contract management, legal agreements, contract negotiation, redlining, electronic signature, commercial contracts, legal tech, procurement