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Why Onit

We transform the way Fortune 500 companies and billion-dollar legal departments work.

Yes, Onit’s approach to streamlining business processes—better workflows, not better databases—is unique, and it does set us apart. But what’s often forgotten are the minds behind that approach. The team at Onit is made up of some of the best minds in the legal technology industry, including the people who actually created it more than 20 years ago.

And that’s why when the question of “Why Onit?” is asked, our answer is that we love our product and our team.

When Eric M. Elfman and Eric Smith founded Onit in 2011, the company focused on legal project management software. Since then, the team at Onit has grown, adding more and more of the smartest minds in the industry, and the software has evolved—bridging the gap between systems of record and systems of engagement.

Today, our team continues to grow, and it continues to innovate. Now, our solutions are transforming the way Fortune 500 companies and billion dollar legal departments drive operational and process improvements. We help customers find gains in efficiency, reduce costs, and complete transactions quicker.

Meet our leaders

Eric M. Elfman

Co-founder & Chief Executive Officer

Eric is passionate about building great software companies. He’s a serial entrepreneur founding four companies in the last 25 years, two of which have been software startups.

At Onit, Eric oversees the company’s overall strategic direction, planning and execution. Previously, he served as an entrepreneur in residence for the Houston Technology Center (HTC), a business accelerator for Houston-based emerging technology companies.

Eric’s first software start-up, Datacert, Inc., is an industry-leading provider of corporate, legal and IP spend and matter management solutions for Fortune 500 companies. During his more than ten years as the CEO, president and chairman of the board, he grew the company to $28 million in revenue and secured more than 100 Fortune 500 customers. Under his leadership, Datacert became one of the fastest-growing technology companies in North America with three consecutive listings on the Inc. 500.

Prior to Datacert, Eric co-founded PeerPoint Technologies, where his work helped identify new technology for e-invoice data management. Eric is a pioneer in the creation of the Legal Electronic Data Exchange Standard (LEDES) and is an authority on the Uniform Task Based Management System (UTBMS).

In 2002, he was named the Ernst & Young Entrepreneur of the Year award for emerging technology. Eric has a bachelor’s degree in English literature and earned an MBA from Rice University. He is a member of the Rice Alliance for Technology and Entrepreneurship and serves as a board member for the Make-a-Wish Foundation of the Texas Gulf Coast and Louisiana, a non-profit organization that grants wishes for children with life-threatening illnesses.

Eric Smith

Co-founder, COO & Chief Security Officer

Eric Smith brings extensive experience in software development and technical leadership to Onit. With nearly twenty years of experience in the legal technology industry, he has broad domain experience in the legal electronic invoicing and spend management arena. As Onit’s co-founder, COO and Chief Security Officer, he is responsible for the technical and strategic direction of the company’s products.

Prior to Onit, he co-founded Datacert, a leading provider of corporate, legal and IP spend and matter management solutions, serving as the CTO for nearly 10 years. During his tenure at Datacert, he was a key member of the executive team that assisted with growing the company to more than 200 employees and was responsible for managing the overall technical architecture of the company’s products and services.

He was also instrumental in providing cross-functional direction and leadership for research and development initiatives, product development and managing a complex and globally distributed workforce.

Eric holds a bachelor’s degree from Southern Methodist University.

York Richards

Chief Financial Officer

York Richards brings more than 15 years of finance and operations experience to Onit, including CFO positions at several privately held companies in the Internet and technology industries. He has built large, multi-national finance organizations, completed many strategic acquisitions and divestitures, raised capital in debt and equity markets and managed multiple shareholder exits.

A seasoned executive with extensive experience managing finance organizations for high-growth companies, he most recently served as CFO at Riversand Technologies, Inc. where he was responsible for overall financial operations and reporting. As CFO at Onit, York is responsible for ensuring the finance organization can help the company drive growth while capitalizing on the accelerating demand for software solutions that drive efficiency and process automation.

York holds a master’s degree in science and a bachelor’s degree in Business Administration from Texas A&M University.

Chris Fields

Chief Technology Officer

Chris Fields joined Onit with more than 25 years of technology research and software development experience, including several key management and executive positions at various high-growth companies, including Datacert, Digicontract and Wolters Kluwer ELM Solutions.

Chris most recently served as CTO for Innovative Interfaces where he led the engineering and product management team and was responsible for converting client/server-based technologies into a multi-tenant system leveraging cloud-based microservices for global library systems. He is well-versed in leading technology strategy and all aspects of product engineering and was one of the key inventors named on a patent of a high-profile technology platform.

As CTO at Onit, Chris will be responsible for overseeing the technical vision of the company and leading product research, engineering and development efforts. He will also be responsible for evaluating and implementing new systems and infrastructure and ensuring technologies are used efficiently and securely. Additionally, he will build quality assurance and data protection processes and communicate the company’s technology strategy to our consulting and business partners and customers.

Chris holds a bachelor’s degree in electrical engineering from Baylor University.

Matt DenOuden

Senior Vice President, Sales

Matt DenOuden has nearly 30 years of legal industry experience, including a dozen years practicing law as a partner in a boutique defense firm in Hartford, Connecticut. While there, he started and grew an early e-discovery technology practice. In 2002, he left private practice to join a young e-billing company, TyMetrix. As vice president of sales for TyMetrix for 14 years, he helped take the company from four clients and $2 million in revenue to 250 clients and $60 million in revenue.

Matt has spent his career working with clients and industry leaders and has a passion for developing solutions to manage the business of law. Most recently, he was a managing director at Huron Consulting (now Consilio) where he worked closely with legal operations leaders around the country as they devised operational strategies and technology roadmaps for their law departments.

Matt has a bachelor’s degree in English from the University of Hartford and a J.D. from The University of Connecticut School of Law.

Mary Fuzat

Vice President of Product Management

Mary Fuzat joins the Onit executive team with over 20 years of software company leadership experience, primarily in customer-impacting leadership roles. As Onit’s Vice President of Product Management, Mary lends her broad leadership background in product management to lead the overall product team. Her specialties include product management and integration, cross-functional team leadership and business process optimization.

Before joining Onit, Mary was the senior director of managed services at Insite360 (formerly FuelQuest, LLC). While there, she oversaw new product launches and services and drove the integration of disparate solutions across multiple companies and technology platforms. Mary also led product management teams, stood up and scaled 24×7 operations for new offerings and implemented Lean Startup methodologies for mature software product lines to double revenue growth. She has served as product manager for both software startup companies and Fortune 500 companies, which enables her to provide a leadership mindset that blends innovation and process to drive customer-focused business growth.

Mary holds a BS in management and a BA in Spanish and international business as a Summa Cum Laude graduate from Arizona State University.

What's Happening At Onit

ACC Panel: BT’s Efficiency Gains Through Digital Transformation

Every year, the Association of Corporate Counsel (ACC) hosts the world’s largest gathering of in-house counsel. Onit is proud to be a gold sponsor of this year’s ACC Annual Meeting, which will take place virtually from October 19–21, 2021. This year’s schedule features an impressive roster of speakers from some of the world’s top corporations, […]

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Innovation in Action: ADM’s Self-Built Vendor Management App for Legal Operations

In an earlier blog post, we looked at some of the latest Apps legal operations professionals build to solve some of their most complex business problems. Now, we’re excited to continue this exploration – this time by highlighting a genuinely innovative approach to vendor management developed by Fortune 100 company ADM. Why an App? As […]

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Event Announcement: Women Influence & Power in Law

Onit is a proud champion of diversity and inclusion. This week, we’re sponsoring the annual Women Influence & Power in Law (WIPL) conference in Washington, D.C. The WIPL conference offers an unprecedented opportunity for women leaders, in-house counsel, and outside counsel to exchange insights and discuss some of today’s top issues facing women in the […]

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Corporate Legal Operations Resources and News (October 2021 Edition)

Welcome to Onit’s October compilation of some of the most pertinent and timely articles and legal operations resources. In this month’s digest, we explore a piece of concrete proof for diversity advancement, lagging adoption in automation, the Gartner Hype Cycle and how to reduce time spent on invoice review. We hope you find some valuable […]

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Benchmarking Legal Tech Investment: The Role of Data in VMware’s Transformation Journey

As technology continues to advance, the data it generates has become increasingly important to the functioning of today’s corporate legal department. Data is central to prioritizing and justifying investment in technology at companies of all sizes. For our customers, Onit functions as their department’s “central nervous system,” driving the collection and presentation of that data. […]

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What Our Customers Are Saying About Onit

Lauren Giammona

Director of Operations, Business Affairs & Legal, PayPal

"We really focused on a system that provided more of the back-end and the analytics that we needed. … We sacrificed some of the UI, the ease-of-use, and some of our law firms liking the old system better to get to the data that we needed."

READ THE CASE STUDY

David Cambria

Global Director of Operations – Law, Compliance and Government Relations, Archer Daniels Midland

"In its essence, it’s really important for corporate law departments to be involved in business processes and continuously optimize those processes to improve the performance
 of the business as a whole. That’s what keeps law departments innovative, creative and providing continuous value to the company.”

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AIG

"The team has automated workflows and reporting supported by Onit’s business process management platform and uses DocuSign to support its contracting needs with law firm panel members. By employing competitive, market-driven tools, the LOC was able to realize reductions in hourly panel rates ranging from 2 to 32 percent. In all, the creation of the LOC and its innovative work has saved AIG more than $200 million in legal costs in 2014 alone."

READ THE CASE STUDY
2021

Awards & Recognition

2020

Awards & Recognition

2019

Awards & Recognition

2018

Awards & Recognition

2017

Awards & Recognition

  • Ranked #949 on the Inc. 5000
  • Recognized by Capterra as a Top 20 Contract Management vendor
  • Archer Daniels Midland (Onit Customer) and Onit won ACC Value Champion Award
  • Archer Daniels Midland won Transatlantic Legal Department of the Year (Onit was a major contributor)
  • Houston Business Journal Fast 100 finalist and winner
  • Houston Business Journal top B2B software companies list
  • Onit’s CEO Eric M. Elfman Recognized by Owler as a Top CEO
  • Onit and Archer Daniels Midland Won Best Use of Legal Technology by The Buying Legal Council
2016

Awards & Recognition

  • Ranked #387 on the Inc. 500
  • Recognized by Capterra as a Top 20 Contract Management vendor
  • Recognized by Gartner in the Market Guide for Enterprise Legal Management Solutions
  • Nominated as one of the best matter management vendors by Corporate Counsel magazine
  • Houston Business Journal Fast 100 finalist and winner
  • Houston Business Journal Enterprise Champion finalist
  • Houston Business Journal top B2B software companies list
2015

Awards and Recognition

  • Houston Business Journal Fast 100 finalist and winner
  • Recognized by Capterra as a Top 20 Contract Management vendor
  • Named market leader by Hyperion Research for process management and highly innovative for its “appification” approach
  • Awarded 3.5 stars for its Contract Administration and Review & Approval App by PC Magazine
  • AIG (Onit customer) won ACC Value Champion award
  • Houston Business Journal top B2B software companies list
2014

Awards and Recognition

  • Houston Business Journal top B2B software companies list
  • ZS Associates (Onit customer) won ACC Value Champion award
  • Recognized by Capterra as a Top 20 Contract Management vendor
  • AIG (Onit customer) named best legal department by Corporate Counsel Magazine

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