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15415
Avg Contract Value
12
Deals Handled
25.84%
Avg Savings

Bonusly Pricing

Bonusly is an Employee Recognition Software that aids corporations in acknowledging and rewarding their employees. The price ranges fluctuate significantly, spanning between $13,900 and $70,100, depending on the size of the company. They offer different tiers of service, from $2.70 to $4.50 per user per month, enabling businesses to choose a plan that best fits their needs and budget.

The company offers a selection of SKU insights known as Custom, Core, and Pro. Each offers a distinct combination of features and pricing, providing companies with flexibility and choice. Potential buyers are encouraged to obtain competitive bids and review usage reports to optimize their spends.

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Bonusly Negotiation Insights

In the game of negotiation, knowledge and preparation are key. At Vendr, our expertise in SaaS purchases gives you a sharp edge. For Bonusly, here's a sneak peek into the discount lever and commercial item we've identified inside our platform.

Discount Levers

  • Always be sure to negotiate on Bonusly's list price. They are known to offer significant discounts off list price, especially if you have a large user base.

Commercial Items

  • Invoice Frequency: Bonusly typically invoices annually, but you can negotiate for a quarterly or even a monthly invoice frequency to better match your budget planning.

Remember, these insights are just the tip of the iceberg when it comes to our negotiating tools. For access to an extensive repository of negotiation insights on Bonusly, sign up for a free forever Vendr account. Don't let your contract negotiations be a gamble. Let us guide you to success.

Community Insights for Bonusly

Insights from our community regarding Bonusly are not currently available. Nevertheless, we encourage you to sign up for a free forever Vendr account to explore a wide range of knowledge and insights from our extensive catalog. By becoming a member of Vendr, you'll receive supplementary insights, including the estimated implementation time for Bonusly, renewal expectations, and other discount opportunities that could prove invaluable during challenging negotiations.

Bonusly Overview

Bonusly is an engaging employee recognition platform that's popular among teams, especially remote workforces. With a mission to help companies build engaged teams, it effectively increases employee engagement and retention.

One of its outstanding features is its effortless implementation and offboarding process, bolstered by solid documentation. Expect the estimated time to implement to be less than 3 months, and similarly, less than 3 months for offboarding and replacement.

Optional upgrades can be made at any time, offering customization and flexibility to meet your company's needs. The standard billing is Annual Net 30 with a slight premium for monthly billing. If you wish to try it out, Bonusly offers a 30-day free trial of its Core plan.

Furthermore, Bonusly provides diverse SKUs, each tailored to optimize your experience. The 'Core' SKU, priced at $2.70/user/year, includes recognition and achievements, analytics, and reporting, and automated recognition for work anniversaries and birthdays. The 'Pro' SKU, available at $4.50/user/year, includes everything in the Core SKU along with HRIS and SSO integrations and configurable admin permissions. A custom SKU is also available, offering custom pricing with a guaranteed uptime SLA, a dedicated support team, and HRIS integrations.

Compliance and Security

Bonusly ardently maintains compliance with significant data protection regulations. It strictly adheres to the principles underpinning the General Data Protection Regulation (GDPR), ensuring user data is handled responsibly and transparently.

In terms of security, Bonusly is SOC2 compliant, attesting to its secure management of customer data. It takes secure access a step further by incorporating Multi-Factor Authentication (MFA) and Single Sign-On (SSO) capabilities into its systems for advanced access control and validation.

Moreover, Bonusly places high emphasis on the security of personally identifiable information (PII), demonstrating its commitment to personal data privacy. It also complies with Data Protection Act (DPA) regulations, further strengthening its commitment to data protection.

Lastly, Bonusly also demonstrates compliance with ISO27001, a widely recognized standard for information security management systems. With these robust compliance and security provisions, users can trust the secure management of their data on Bonusly.

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