Law Insider and the team behind the globally adopted oneNDA standard is announcing the launch of oneSaaS, a community-driven standard template for cloud services agreements. Designed to address the inefficiencies in SaaS contracting, oneSaaS is set to revolutionize how businesses draft, negotiate, and manage agreements across the industry.
The Software-as-a-Service (SaaS) industry processes over 30 million contracts annually, yet these agreements suffer from unnecessary inefficiency, complexity, and inconsistency. oneSaaS tackles these challenges head-on by providing a collaborative, standardized framework that intends to dramatically reduce the time and resources expended on drafting and negotiating cloud services agreements globally.
Building on the methodology and success of oneNDA, which streamlined NDAs across thousands of organizations, oneSaaS is poised to deliver a similar impact. Using nearly 1,000 public SaaS agreements from the Law Insider database as the starting point, the steering committee distilled oneSaaS down to a lean and practical template that is configurable for the unique requirements of global SaaS businesses, while maintaining a set of core standard principles.
“Our goal with oneSaaS is simple: to provide a universally recognized standard for cloud services agreements that fosters efficiency, collaboration, and innovation across the industry,” said Electra Japonas, Chief Legal Officer at Law Insider. “We believe this tool will save legal and business teams significant time and resources while promoting the network benefits of a global standard.”
Key Features of oneSaaS
- Community-Driven Collaboration: Developed with input from a global community of 300+ legal professionals and SaaS providers from companies including H&M, United Nations, IATA and OneTrust
- AI-Enhanced Insights: Leveraged AI analysis of Law Insider’s public database to create a practical, data-driven starting place.
- Streamlined Contracting: Reduces negotiation times, legal costs, and operational bottlenecks while increasing consistency and scalability.
- Free and Open-Source: Available to all organizations, regardless of size or resources at no cost.
Why oneSaaS Matters
- Saves time by standardizing agreements, cutting down on drafting and review cycles.
- Reduces costs by eliminating inefficiencies in custom contracting.
- Promotes collaboration between SaaS providers and buyers through a clear, shared framework.
- Enhances scalability, enabling organisations to manage high volumes of contracts with ease.
Availability
oneSaaS will officially launch on 10 February 2025, along with a comprehensive suite of tools, including user-friendly adoption guides and tutorial videos. Legal teams at SaaS companies are encouraged to explore oneSaaS by downloading it for free.
For more information and to access the oneSaaS framework, visit https://www.lawinsider.com/standards/onesaas
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About Law Insider
Law Insider is transforming contract drafting by establishing global legal standards through initiatives like oneNDA, oneSaaS & oneDPA and providing powerful tools that reduce friction in the contracting process. Our open-source templates and technology-driven solutions eliminate inefficiencies, streamline negotiations, and ensure compliance. Trusted by leading organizations like American Express, Diageo, and UBS, Law Insider is driving the shift toward faster, more consistent, and scalable contracting across industries.
Media Contact
Company Name: Law Insider
Contact Person: Dory Lord
Phone: 2032161115
Address:2093 Philadelphia Pike #5523
City: Claymont
State: Delaware
Country: United States
Website: www.lawinsider.com/standards/onesaas
