Thousands of Legal and Business Professionals Participated in the Open Beta to Simplify Business Collaboration, Increase Project Visibility and Enhance Team Communication
HOUSTON, February 25, 2011 – Onit, Inc., a leading provider of online project, process, and spend management tools for business and legal professionals, today announced the successful beta completion and full product launch of Onit. The twelve-month beta incorporated a cross section of users including associations, consultants, corporation legal departments, government agencies, law firms, non-profit organizations, vendors, and universities. Nearly 41% of the participants were employed with corporate legal departments or law firms. Of the law firm participants, 8 of the top 20 highest grossing law firms, (AmLaw200), registered for an account during the beta.
“We didn’t anticipate securing more than few hundred subscribers in the open beta,” commented, Eric M. Elfman, CEO and President, Onit. ”Nearly twelve months later and a few thousand subscribers, we are convinced that the legal industry is at a tipping point that will forever change how legal services are procured. We fundamentally believe that legal project management is here to stay and that project management tools like Onit will yield better outcomes and significantly drive cost savings. With that in mind, we decided not to charge after the beta. All of the existing collaboration and project management functionality will remain free.”
The beta completion comes on the heels of the company’s premium product launch, Onit Premium, an upgraded version for corporate legal departments. Onit Premium is a comprehensive legal spend, project and process management tool rolled up into one easy-to-use system. Onit Premium addresses the market’s growing demand for affordable technology to automate business processes, reduce operational costs and unify legal knowledge between legal departments and their law firms.
Pricing & Availability
To register for a free Onit account, visit www.onit.com. Only an email address is needed to get started. Onit Premium is also available and pricing is based on the number of monthly subscribers. For more information about Onit Premium or to schedule a demo, please contact jill.black@onit.com.
About Onit
Onit was formed by legal software industry experts Eric M. Elfman and Eric Smith, co-founders of Datacert, a leading provider of enterprise spend management software. Launched in early 2010, Onit Project is a light-weight online project management and business collaboration tool for legal and business professionals. Onit Process, the company’s latest product release, is a game changer for all companies that need to be more efficient, productive and process-driven. Businesses have process for everything -- whether it’s hiring a vendor or law firm, terminating an employee, submitting a contract for review, requesting a trademark request, obtaining an NDA, etc. Most of these processes are manual, paper intensive and cumbersome. Onit Process simplifies data collection and makes is easy for all employees to request business and legal services. Processes are automated in a few clicks and the responsible party is notified immediately. Onit is a simple, easy-to-use tool that doesn’t require any software to download. For more information, visit www.onit.com or contact 1-800-281-1330.