Year: 2014

Onit Customers Outperform DJIA and S&P 500 on H1 YTD Growth

Onit today announced the creation of an index of its publicly traded customers called the Onit Index. Created to monitor the long-term success of its customers, the index shows astonishing results for the first half of 2014. As of June 2014, the average Onit Index stock value increase was 23.7% higher than the S&P 500 and Dow 30 indices averages.

The Onit Index is comprised of 10 Fortune® 500 companies, five large global companies and three smaller companies across a variety of industries, including technology, insurance, legal, consulting, financial services, healthcare, consumer retail, industrial, pharmaceutical, and energy. The interactive graph below shows YTD growth from January through June 2014.

“We were delighted to find that the Onit Index far outperformed both the Dow 30 and S&P 500 indices,” said CEO Eric M. Elfman, “While we cannot take credit for our customers’ success, we believe that the index is an indicator that fast-growing, innovative companies are turning to cutting-edge technology and choosing Onit Apps over traditional software systems and enterprise platforms. Our Apps not only help customers streamline operations, control costs, and reduce company risk but they can play a pivotal role in their overall profitability.”  

ZS Associates Wins ACC Value Challenge; Onit Apps a Key Part of Their Strategy

Onit would like to congratulate ZS Associates for being recognized as a 2014 ACC Value Champion. With the objective of sharing industry best practices and “reconnecting the value and cost of legal services,” The ACC Value Challenge recognizes “value leaders” who have successfully facilitated changes in order to better meet corporate growth objectives.

Jennifer Billingsley, former chief legal counsel at ZS Associates, used a multi-faceted approach to transform her department, from smart outsourcing to specialization to technology. A key factor in the transformation was working with Onit to deploy Smart Process Apps.

The implementation of a new customer service portal and a legal work request submission and tracking tool:

  • Introduced automation to built greater efficiency
  • Increased collaboration between internal clients and counsel
  • Facilitated more project visibility for internal clients

“The result?”
“Doing more with less, while increasing quality and results.”
— Association of Corporate Counsel, 2014

Here is an excerpt from ACC’s profile of ZS Associates’ award-winning strategy:

Like so many in-house legal departments at successful companies, the one at ZS Associates saw requests for legal work increasing as the company grew, while departmental headcount remained static. Yet, the department was a victim of its own success: “We definitely had that ‘free legal services’ problem,” says Jennifer Billingsley, former chief legal counsel at the company. To begin the value journey, the department devised a new mission statement that emphasized the expertise its six attorneys and two paralegals could bring to appropriate legal work—”to provide pragmatic, responsive, value-added and cost-effective legal solutions, while balancing risks and rewards”—then set about finding efficient solutions for everything else. The ZS team took several steps to transform the way they work, including utilizing RFPs to source outside, less-expensive resources on major matters; implementing new technology to track matters, automate workflow and link to electronic contracts; and using a legal process outsourcer to do first-line markups, research and administrative tasks.  

Click here to read the entire article.

How do you transform your in-house practice to meet the growth needs of your company?  Onit Apps can help!

Contact us today to see how our Legal Apps can transform your legal department and “possibly” make your team an ACC Value Challenge winner in 2015.

Sources:

“Small Department Stretches to Meet Demand Growth.” by Jennifer J. Salopek

http://www.acc.com/valuechallenge/valuechamps/2014champ_profilezsassociates.cfm

About The ACC Value Challenge: http://www.acc.com/valuechallenge/about/index.cfm

What Sales Leaders Can Learn from Microsoft’s New CEO

Last week marked a major milestone in Microsoft’s company history when they held their first Worldwide Partner Conference (WPC) with their new CEO, Satya Nadella.

Nadella has proven to be remarkably sophisticated in his thoughts on running Microsoft – from evoking quotes from German philosopher Friedrich Niezsche in describing his corporate vision to joking about sorting algorithms when expressing their “mobile-first, cloud-first” market strategy.

Beyond Nadella’s scholarly sense of humor, he also expressed some hard-earned wisdom about running one of the world’s largest, and arguably most important, channel sales organizations.

Here are some key insights all sales leaders can learn from Nadella:

1. Your Channel Partnerships are Integral to Adding Leverage to Your Business Growth

Simply stated. It’s important to foster these relationships.

Your direct sales organization can only generate so many customer touches a day, but when each of your sales reps has multiple partners collaborating with them on sales opportunities, you have effectively multiplied the power of your sales organization.

Unfortunately, most sales organizations do not align their sales personnel with their channel and other partners as well as they should.

One rep from your organization likely maps to five or ten different reps in partnering organizations, and with each organization, different CRM and content management systems are used that are often incompatible across corporate lines. This makes it extremely difficult to collaborate effectively.

Onit has been working with IT channel resellers and top vendors such as Microsoft, VMware, Dell, and Google to improve their channel relationships with business process Apps that cross the corporate communication barrier.

In addition to providing visibility across multiple corporate environments, Onit’s rapidly adaptable workflow management system allows us to quickly modify business processes to optimize your channel strategy over time.

2. Keeping a Lean Team Structure Can Help You Have Consistent Execution

The day following Nadella’s keynote address at the Microsoft WPC, he announced a company-wide layoff of 18,000 employees over the next year. Most of that was to trim some of the fat from the Nokia acquisition, but a significant amount of this layoff is to reduce some of the structural leadership layers that were bloating the decision-making process. The idea is to make leadership teams more lean and capable of quickly adapting and making decisions.

Keeping a lean team structure like this can help you attain more consistent execution across your sales leadership, and that’s a good thing when it comes to ensuring your customers experience the same high caliber of performance from your sales teams.

Unfortunately, it can be difficult to manage that consistent execution across your sales teams, even if your sales team is already as lean as possible.  

Process can help create a healthy culture of consistent execution but processes run with spreadsheets and emails tend to fray out of control over time.

Onit can help you design a series of Business Process Apps that will help you maintain a consistent level of execution across your teams, all while providing the level of agility to change and stay optimized over the competition.

3. Increasingly Ubiquitous Technology Makes Human Attention the Most Valuable Commodity

The “Internet of Things” – and as Salesforce.com calls it – the “Internet of Everything” is fast approaching, with sensors on everything from our refrigerators to children’s diapers.

This data, stored and managed in the cloud, provides a wealth of wisdom to those who are interested. But there is a downside ….And this is the point Nadella made in his keynote at WPC.

With so many resources and information available at the click of a button, human interaction is becoming the most valuable commodity on earth. And as a result, productivity tools are even more important than ever.

We at Onit couldn’t agree more, especially when it comes to the attention of your sales team. It’s critical to be as efficient as possible so they can focus on high value tasks like closing deals and driving revenue.

At Onit, we work with our customers to develop custom business process workflows for everything from prospecting to opportunity management to account lifecycle management and everything in between. This is all integrated with your preferred system of record, whether it’s Salesforce.com, SugarCRM or an in-house proprietary system.

Don’t waste time with someone else’s vision of what a CRM is supposed to do. Let us build your vision for sales productivity. We can build an App for you. Contact us today for a complimentary consultation of one of your sales processes. 

3 Takeaways from WPC for Microsoft Partners

The 2014 Microsoft Worldwide Partner Conference (WPC) in Washington DC exhibited a much more partner-friendly tone than last year as it seemed to be more about what Microsoft can “do” for partners rather than what partners can “do” for Microsoft.

Here are three big takeaways all Microsoft partners should be aware of as they plan for the next Microsoft fiscal year and how Onit can help:

1. Microsoft Cloud Services Provider Program

Microsoft announced the Microsoft Cloud Services Provider Program this year, which allows partners to control the complete customer lifecycle in cloud product sales and service by allowing partners to control and manage the provisioning of Microsoft cloud services.

This is great news for Microsoft resellers because it provides more touch-points and higher visibility with your customers allowing you to get even more strategic about your customers’ overall cloud deployment portfolio.

Today, Onit is working with one major North American Microsoft LAR on end-to-end cloud services solutions that allow them to control the business process workflow from quoting the customer to provisioning their cloud software to managing the subscriptions over time.

By controlling the workflow of cloud services provisioning and management with Onit Apps, this reseller will be able to do more with less resources, reduce risk of error in provisioning, and increase customer satisfaction throughout the lifecycle of service.

2. Three New Reseller Programs

Microsoft also announced three new programs for resellers:

  • Small and Mid-Market Cloud Solutions Program

This program focuses on cloud software provisioning and deployment for customers with less than 100 users of Office 365, and includes optimized entitlements for other productivity solutions such as Visual Studio.

This market is ripe for opportunity with more than 9 million prospects in the United States alone.

However, in order to get this most out of this program, your team will need to be efficient with quoting, provisioning, and managing across the a vast long-tail of customers in the SMB market. Having an efficient workflow in place to address this market is critical to success.

  • Cloud Productivity Program  

This program is designed to help partners sell enterprise deployments of Office 365 with support for demos, mobile, and eligibility to participate in Microsoft marketing campaigns.

  • Cloud Platform Program

The Cloud Platform Program is intended for resellers selling Infrastructure-as-a-Service, PaaS, or SaaS solutions on Microsoft Azure. This is a renewed push to compete with Rackspace.com and Amazon.com.

For each of these programs, Onit can build custom workflow solutions to help you efficiently capture a healthy share of the addressable market and further refine your process over time to take advantage of your companies unique resources and core competencies.

3. Business Process Apps are the Next Big Thing

Evident in this year’s Microsoft WPC was a major switch in business strategy for Microsoft from the ‘devices and services’ mantra of Steve Ballmer to a more ‘productivity and platform’ company approach with Satya Nadella.

This means that the way things get done means a lot more than it used to. We are evolving beyond a time when the version of Microsoft Excel and the laptop you ran it on mattered – today Excel is in the cloud with Microsoft Office 365 and you can access your spreadsheet from a tablet, laptop, or workstation anytime you like.

What matters is who you are collaborating with on that spreadsheet, what happens after you finish your piece of collaboration, and what effect that has on the rest of your organization.

Project Siena is Microsoft’s big push into the world of Business Apps. At WPC, they announced a partnership with Fujitsu to work together on building Apps for their new 8-inch tablet.

Project Siena allows business-level users to create Apps using PowerPoint and Excel skills, all without the assistance of IT or developers.

At Onit, we are exploring ways to integrate with Project Siena in order for it to be the front-end user experience to our rapidly adaptable business process workflow technology on the backend. 

Need to Boost Sales From Your Players – There’s an App for That

Every sales organization has three different types of reps:

  • ‘A’ Players who are great performers regardless of the systems and tools they use, however, because they get results, they have a ‘rock star’ mentality and thus are more difficult to manage. This is your top 10-20%.
  • ‘C’ Players who never get with the program and end up firing themselves by constantly missing quota – these are the bottom 10-20% that contribute to the natural churn every sales organization experiences.
  • ‘B’ Players who are the most important and constitute the vast majority of your sales organization, usually 60-80%. From this group you can achieve the most efficient boost in sales with the least possible amount of investment because they are extremely coachable and follow process exceptionally well.

The upshot of this ‘B’ player majority being able to follow process exceptionally well is that if you provide this team with the right tools to run a well-designed process, they will boost the revenue in the majority of your customer base.

The challenge comes in providing the tools required to manage a well-designed process. Most companies try to fit a workflow into their CRM system or SharePoint, and neither of these systems are built explicitly with the intention of building and managing workflows. Moreover, a well-designed process inherently must change with the evolving needs of your business – so even if you were able to create a workflow in your CRM or SharePoint, it is difficult or even impossible to change the process once it is in action.

As a result, most sales organizations end up ignoring process optimization all together. They stick with ‘back to basics’ programs in the hopes that if they make more calls, send more email blasts, buy more ads, or take more ‘decision makers’ out to lunch, they will get that incremental boost in sales they need for their shareholders.

Dedicated Processes Have Dedicated Tools

The ‘B’ players who you want to get that big boost from need a focused, dedicated system to work with to accomplish the tasks prescribed in your process. Imagine if it was as simple as your sales managers telling reps “there’s an app for that” – a simple interface that was designed to enable the sales reps do that one thing very well. And, if that same system could notify them at the right time and place to do that one thing, you can be sure they won’t miss their cue to shine.

Managers need visibility into the overall performance of the process in order to understand the bottlenecks and performance gaps – reporting that shows them exactly how to improve on the process so that your customers get the strategic output you believe will make the difference.

We’re Onit

Fortunately, there is a team that can help you raise the selling level of your ‘B’ players.

Using Onit Apps, you can get a handle on that middle 60% of ‘B’ players to drive the team with unprecedented insight and control in a way that they will understand and quickly adopt.

Onit’s team of consultants will guide you through every step of the way to designing and implementing a world-class workflow solution – all within a matter of days. Onit Apps are built from the ground up with change in mind, and the Onit team will help you analyze reporting from your process to continuously improve and get a dramatically bigger impact.

Request a free consultation with an Onit team member today to talk about your goals – we will build a process diagram for you and implement a demo of that process in an Onit App for you to see first-hand what our software platform can do you for you – free of charge. 

Onit Presents at LegalTech West Coast 2014: A Case for Business Apps at Johnson Controls

In the growing legal industry, workloads are increasing and processes are becoming more complex. Enterprise software has helped to manage records and tasks on the corporate level, but modifying enterprise software for your evolving business is expensive and time consuming. Smart Process Apps have risen to help firms manage collaborative business processes and matter management by filling in the gaps of existing software infrastructure.

On Wednesday, June 25 at 10:30 a.m. PT at LegalTech West Coast in Los Angeles, Paul Zengilowski, Customer Development Executive at Onit, and Ted Jankowski, managed the introduction of the Onit App Builder at Johnson Controls (currently retired), will present a case study on how Johnson Controls deployed Apps to systematically addressing business opportunity and legal risk.

5 Ways Smart Process Apps are Re-Inventing Legal Operations:

1. Enhance capabilities to manage risk.

Onit Apps help legal teams streamline operations, control costs, and gain visibility into projects. With imbedded awareness data and analytical tools designed for real-time evaluation of business activities, Apps help companies adapt and reduce risk.

2. Improve responsiveness to business clients.

Onit Apps are design by people, for people. They offer a truly collaborative platform and visibility into every stage of the process, helping law departments solve real business problems and adapt to their changing client needs.

3. Increase productivity of staff attorneys.

Collaboration is vital for managing processes. Onit Apps give team members a simple way to communicate in a shared workspace, reducing the time spent on tasks and document research and increasing overall productivity.

4. Achieve greater transparency and insight around portfolio of work.

Onit Apps automate manual, cumbersome, and often paper intensive processes, while giving team members visibility throughout the process. The enhanced insight provides opportunities to make changes to the workflow and adapt as needed.

5. Manage evolving business processes through adaptable, quickly deployed tools.

Unlike traditional enterprise software, Onit Apps can be configured and implemented in weeks, so you can reap the financial and operational savings more quickly. Additionally, enhancements to Onit Apps can be made anytime giving you the power to adapt your software to your ever-evolving business, not the other way around.

If you are interested in helping your firm or law department control costs and increase efficiency and automate business processes, join us today at LTWC to learn how Onit Smart Process Apps can help!

The New Onit.com: A Smarter Way to Learn About Smart Process Apps

Here at Onit, we pride ourselves on offering Apps to help simplify and streamline your unruly business processes. Recently, we decided to turn that critical eye inward and overhauled our corporate website. With an improved homepage design, cleaner layout of page content, and an intuitive and consistent site-wide navigation system, our new website offers quick and easy access to product and company information.

“One of our primary objectives was to create a more interactive experience for visitors,” commented Eric M. Elfman, co-founder and CEO of Onit. “To achieve this, we simplified the content structure and navigation so the visitor could get the information they were looking for in as few clicks as possible.”

Smart Process Apps are the star of our new website. From the Onit homepage, you can promptly learn more about our department-specific technology solutions, from human resources and IT, to compliance, legal and sales. Built to help professionals drive efficiency and productivity, automate manual processes and solve problems that directly impact customer satisfaction, employee productivity and profitability, Onit Apps can be configured and implemented in weeks – not months – so companies can reap the financial and operational savings quickly.

The enhanced Onit Enterprise App Market pages include expanded content and product screenshots. Straightforward call-to-action buttons make it easier to request a demo and contact us for more information. The website also contains market intelligence, information about upcoming webinars and tradeshows, and a library of resources that includes white papers, eBooks, videos, collateral and case studies.

If you are interested in improving your business processes and working smarter, Onit can help!

Contact us or schedule a demo to see how.

Onit Client AIG Named Best Legal Department by Corporate Counsel

Onit congratulates our client AIG for recently being named 2014 Best Legal Department by Corporate Counsel. The AIG legal team was recognized for its tenacity and steadfastness during the economic meltdown that almost toppled the company. In particular, Corporate Counsel commended the lawyers from AIG’s Global Legal Compliance Regulatory and Government Affairs for “prioritizing innovation and attention to process efficiency in order to save resources and survive the financial crisis.”

Read more…

“[AIG’s] lawyers have proven that they can work hard, innovate through tricky situations and use technology and process management to grow ever leaner and more efficient.”
– Rebekah Mintzer, Corporate Counsel

Here at Onit, we pride ourselves on being able to help legal departments create more efficiency and transparency, and innovate their processes. Companies such as AIG use the Onit App Builder platform to configure and deploy their own Apps in just days. Onit’s light weight, customizable, and flexible Apps allow companies to easily adapt to changing process demands and collaborate smarter.

Onit App Builder combines business process management, collaboration and transaction management functionality into one innovative tool. With Onit App Builder, it is easy to develop and deploy Apps that streamline business processes and solve real world problems, which directly impact customer satisfaction, employee productivity and profitability. Looking for a solution to your evolving business process? Contact us to see how Onit can help!

Filling in the Gaps: Adding Engagement to Your Enterprise Software

Enterprise software arose to answer specific needs within corporations — from processing bills to tracking legal matters or managing content. In its inception, it helped enable the mastery of what would be considered simple tasks on an individual level, but were immensely complicated challenges when multiplied to the corporate level. Gradually, this software became more sophisticated, facilitating terabytes or petabytes of information. 

However, enterprise software is like steel plumbing — expensive to lay, difficult to manipulate or move and often more expensive to replace.

Due to the increasing complexity of the business needs these solutions handle, it is often extremely difficult to modify workflows, user preferences, reporting and more without intervention from IT and potentially more bills from the software provider.

Companies are looking towards a new model of systems of engagement, which encompass not only management of tasks or processes but also the communications and collaboration preferences of its users on a whole. These systems — enabled by technologies we know and understand such as email — serves customers, partners and employees equally, removing the barriers that prevent out-of-department stakeholders from taking part in vital processes that impact their goals and productivity. A system of engagement is focused on in-the-moment tasks and decisions, leverages social and cloud technologies and includes short, rapid, iterative release cycles.

Rather than trying to compete with existing enterprise software installations, these systems of engagement are embracing an “App” approach that enables them to fill in the gaps of existing software infrastructure. Forrester Research has coined the term “Smart Process Apps” for this new software and predicts it will be a fast growing segment of business software.

Find out how you can get ahead of the curve by reading our whitepaper on the transition from Systems of Record to Systems of Engagement.

Transitioning from System of Record to System of Engagement

Sales force automation is a powerful concept. The promise of keeping sales focused on the important areas of their job (working with customers and closing deals) while minimizing the administrative areas (updating records, transcribing notes) has spawned an industry of CRM vendors. These systems often become all encompassing within a company, sending out tendrils to every department. They become the system of record.

This has laid the groundwork for building a cohesive customer experience across all stages. Each different department is able to access the data from previous and concurrent interactions. As the holistic customer experience becomes the organizational focus, more is needed out of a sales automation system than tracking the data. 

The interactions that begin to happen between groups and departments needs tools that clearly define, track, and report on who is responsible at each step and who is taking over. This is driving the shift towards systems of engagement that manage the human aspect of processes. 

The primary function of any systems or Apps that add a layer of engagement onto a system of record is to make the processes happening around the data clear. A system of record is only as good as the data included into it. Without clear (and simple) process for capturing and sharing data, the records in a database can quickly get outdated. This can cause internal confusion and have a negative impact on the customer experience.

With the rise of Enterprise Apps – SaaS software focused on specific tasks that are easy to implement and run – adding the engagement layer to a system of record does not require major infrastructure changes. Apps can provide an easy-to-use front-end for your internal users, while pushing back relevant data to the system of record already in place.

With an App platform, each department or group can build exactly what it needs to get its work done. Updating the system of record happens behind the scenes without affecting the front-end workflow. The flexibility of Apps means that they can also be changed quickly – sometimes even on the fly by end-users – without disrupting the entire system or process.

Data collection in a system of record has been, and continues to be, an important element of sales operations. As more departments get involved in the customer experience, matching process with that data will become increasingly important to companies who want to maintain their advantage. 

 

Come see how Onit Apps can help you transition to a system of engagement.